Post
Topic
Board Beginners & Help
Re: Which wallet is safe for long term Bitcoin storage?
by
Beparanf
on 06/11/2023, 15:30:30 UTC
I've asked many people, big and small, which wallet bitcoins are the safest to store long-term.
Many of them said to keep Bitcoin in Binance Account, Ku Coin Account, Trust Wallet.Now my question is if I keep my bitcoins in these wallets will I be able to use them whenever I want and will it be safe.
Are there other wallets where bitcoins are most secure?
I want your opinion.

Lol, All that you mention is either custodial wallet or close source wallet which is not good in long term since there’s a chance that your Bitcoin will be lost once the company behind it went rouge.

Use Electrum and any open source code hardware wallet if you plan to hold your Bitcoin long term without any problem. You can access your Bitcoin whenever you want as long as you have your seed phrase safe. Invest on hardware wallet if you want a worry free holding in long term. It will be a painful lesson if you already hold for many years until your wallet got compromised since you use custodial wallet.