Post
Topic
Board Beginners & Help
Re: Which wallet is safe for long term Bitcoin storage?
by
Winterfrost
on 07/11/2023, 08:56:46 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.
Perhaps those person that advised you to store you Bitcoin are day to day traders that is why they have their Bitcoin in a centralized exchange. This is because it is quite expensive to cover the gas fee when they want to send form a trusted non-custodial wallet every time they want to trade. But it is not a good advisable for a person who is an investor and would want to store his investment. Good you ask for opinion here because they only told based on their experiences and that is why the forum is here for clearer understanding of Bitcoin.