Post
Topic
Board Bitcoin Discussion
Re: My first Bitcoin
by
Ale88
on 10/02/2024, 18:40:59 UTC
So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
Right now your coins are stored in a centralized exchange, that means that you have no control over them because yes, they are in your account, but if something happens to the exchange (which I don't think it will anyway, that's Binance, the biggest in the world), you lose everything. At the same time I would suggest you not to rush to move your bitcoins, before make sure you understand how wallets work, then you move the coins.