Hi everyone, I'm pretty new to cryptocurrency in general, and I'm trying to figure out the best way to buy and store it.
I’ve heard a lot about Bitcoin, but I’m a bit confused about how to get started. What’s the safest way to purchase Bitcoin?
Are there specific wallets I should be using? Should I keep my Bitcoin in an exchange wallet, or is it better to use something like a hardware wallet?
You need to open a none custodial wallet and make sure that you hide your seed phrase in different safe locations because they are your main keys to access your Bitcoin from any online device. The best way to buy Bitcoin is through peer to peer with a second party, make sure that you know who you are buying from or the person is highly recommended by someone you trust because there are lots of scammers in the crypto space. If you don't have a reliable source to do p2p transactions with it is better to open an exchange account and do p2p transactions with exchange marchants. Only leave the coins that you intend for transactions in your exchange account because if it's not your keys it's not your coins.