Quote from: rat03gopoh on Today at 01:25:01 PM

Quote from: snuffman8 on Today at 12:58:20 PM

Can you please tell me more about what is my private key/ seed?

This: https://bitcointalk.org/index.php?topic=5375540.0
https://www.ledger.com/academy/private-key-and-seed-phrase-whats-the-difference

Quote from: snuffman8

And how do i make more than 1 wallet to hold different volumes?

If so, you need electrum. https://bitcointalk.org/index.php?topic=5240594.0
This wallet allows generating multiple bitcoin addresses from one seed phrase.

Im gonna install it on my phone and give a try.

Quote from: Ever-young on Today at 01:34:23 PM

Quote from: snuffman8 on Today at 12:31:58 PM

Thank you for your contribution.
Yes, the profile thing is just an example, lets say that i would buy coins somewhere out of the exchanges or gonna withdraw at some casino, is it a problem to use the binance adress?

It’s not always advisable for you to receive any form of payment directly to an exchange address it’s at a high risk level, you should always consider the security and privacy before doing that, Binance is a centralized exchange and they are against so many things you never can tell if the address which will be used to pay you from where ever you want to withdraw from is safe enough or if binance won’t mark it as bad address.

To be on the safer side always have a nine custodia wallet where you can receive all your deposit and if you want to exchange it to any currency of your choice you can either use dex exchange that don’t need KYC but if you are not good with that and if you want to use binance only send what you want to exchange and don’t send more than that for security reason and to be on the safer side.

Thanks. So instead of using binance, using a descentalized exchange onyl for withdrawing purposes and electrum to hold is the best way in this case