Post
Topic
Board Beginners & Help
Re: Which wallet is safe for long term Bitcoin storage?
by
sokani
on 07/11/2023, 20:24:44 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.
I can see that you're new to the crypto space and you might not know the dangers attached in keeping your funds on centralized exchanges. Storing your funds on CEX means you're giving them custody over it and you could lose it if the exchange gets hacked, bankrupted or confiscated by the authorities. So if truly you're here to learn and amass knowledge, then you should read through the responses from forum members and take their advice very seriously. No your keys, not your coins.