Post
Topic
Board Bitcoin Discussion
Re: Pretend that you believe storing btc in an exchange is better than a hard wallet
by
mateofurtado
on 10/10/2024, 02:47:11 UTC
If you want to safeguard Bitcoin for the long term, it is recommended to store it in a cold wallet or hardware wallet. It's especially important to ensure its security by writing down the 12 or 24 seed words on paper. Obviously, you can hold Bitcoin or any other cryptocurrency on a reliable exchange, such as Binance, Bybit, etc. However, you need to be very diligent when managing your Bitcoin.