Post
Topic
Board Bitcoin Discussion
Re: Wallet suggestions?
by
CoinFoxs
on 16/01/2024, 20:49:00 UTC
Hello friends!

I have been keeping my cryptocurrencies (I still don't have many, unfortunately) on the Binance exchange.

What type of virtual wallet do you use? And what are the best ways for me to keep my cryptocurrencies safe?

Sorry if it seems like a stupid question, but even though I reasonably understand crypto, I'm still taking my first steps with Bitcoin.

It depends if you are holding cryptocurrencies for a long period then go with hardware wallets but if you are trading daily then the better option is to keep it in your exchange's wallet.  And one thing more if your capital is high then keep your coins in a wallet outside the exchange which is good for you, you will never lose your money!