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Topic: Can anyone recommend me a safe place to store my bitcoins? (Read 486 times)

legendary
Activity: 1526
Merit: 1359
Thanks for sharing this list of 80+ odds hardware wallet list. I never knew that there are so many wallets available in the market and not just  Ledger and Trezor.

Can anyone tell if all of these wallets are secure and we can use them ? Why everyone talks about only Ledger and Trezor when they suggest the hardware wallet ?

Since that list of hardware wallets has not been updated in a long time, many devices on the list are no longer available, and some new ones have come out that are not there. There is a better list of devices that is updated periodically by FatFork in the Croatian board: https://bitcointalksearch.org/topic/velika-lista-hardverski-novanici-80-5285324

You can even compare prices (unfortunately, some prices are in Croatian Kuna) and some basic device information, such as whether the software is open source or not. I cannot say for certain whether all devices are secure. It is certainly less likely for a device to have security vulnerabilities if it is open source and generally popular in the community, but that can also be a disadvantage. Popular devices are more common targets of hacker attacks.
sr. member
Activity: 2366
Merit: 448
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Many here recommend using a hardware wallets to store bitcoins. Overall, this is a good solution for beginners due to its simplicity and ease of use. I support the recommended devices (because for beginners it is better than without HWs despite some of their shortcomings), Ledger and Trezor, but other options exist as well.

[BIG LIST] Hardware wallets (80+) - perhaps you will like another device from this list, and not just Ledger or Trezor.





Thanks for sharing this list of 80+ odds hardware wallet list. I never knew that there are so many wallets available in the market and not just  Ledger and Trezor.

Can anyone tell if all of these wallets are secure and we can use them ? Why everyone talks about only Ledger and Trezor when they suggest the hardware wallet ?
Yes, there are many hardware wallets but most people will choose the one that people use the most and is believed to be safe and reliable.
and don't store bitcoins in one platform, online wallets work great especially blockchain wallets.
But if you want to store it in a more secure hardware wallet, and my favorite is the ledger and the second choice is Trezor which in my opinion this hardware wallet also has a backup option and is still the most preferred choice for many people.
legendary
Activity: 1044
Merit: 1050
I recommend a Trezor hardware wallet I've been using it since the first model. Now I have the newer Model T. It's great for bitcoin and Ethereum etc. If on a budget and you ever find yourself getting more involved with alt coins a ledger wallet would also work great.
member
Activity: 434
Merit: 11
The secured place to store bitcoin is offline hardwere wallets. Because many scams and hacks are happened with internet. If you have cold wallet then now any harm from internet your fund will be safe.
member
Activity: 1165
Merit: 78
Can anyone recommend me a safe place to store my bitcoins?
I believe the number one safest way to store your Bitcoin, is you understand how to securely use a Bitcoin wallet because if you make use of a good cryptocurrency wallet and still don't have good knowledge of using crypto wallets safely.

The wallet will still get hacked because you'll expose the wallet to danger not knowing.


legendary
Activity: 1176
Merit: 1056
Trust wallet is enough to save your large number of bitcoin and crypto currency,it can be set with password.Which is asked,when ever you get into the wallet.So it’s better to get your assets on trust wallet.I had hold my bitcoin since 2016 in the Electrum wallet.Because Electrum is best ever wallet from my knowledge.Only thing is you need to hold the private key as a safer one.
Right Trust Wallet is currently very popular and very securefull wallet.Here you can keep everything very safe. You will be asked before entering the trust wallet.Also I have seen very hard system. It goes without saying that there is no possibility of hacking.You can also use a Binance Exchange account to hold your Bitcoin.
hero member
Activity: 2660
Merit: 651
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After my wallet hack case, namely myetherwallet a few months ago
Sorry about your loss but myetherwallet is a web wallet and all web wallets are vulnerable to attack no matter how secure it seem to be.

made me have to store assets in several places, and currently I use 2 exchanges wallets namely binance and huobi,
Yes, Binance backed their holding with SAFU and I don't know about Huobi but it is not advisable to use a crypto exchange as storage and i will advise you to get a Ledger wallet which is $50 some months ago.
I don't know if the price has changed.

and 1 trust wallet, for trust wallet I keep 12 seeds and I change 2 words randomly so that if anyone finds it will be difficult to guess.
I hope you copy the wallet seeds offline and also save them offline though. This is very important cause the remaining phrase of the wallet seeds can still be recovered.
hero member
Activity: 1305
Merit: 511
Trust wallet is enough to save your large number of bitcoin and crypto currency,it can be set with password.Which is asked,when ever you get into the wallet.So it’s better to get your assets on trust wallet.I had hold my bitcoin since 2016 in the Electrum wallet.Because Electrum is best ever wallet from my knowledge.Only thing is you need to hold the private key as a safer one.
legendary
Activity: 3136
Merit: 1172
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Many here recommend using a hardware wallets to store bitcoins. Overall, this is a good solution for beginners due to its simplicity and ease of use. I support the recommended devices (because for beginners it is better than without HWs despite some of their shortcomings), Ledger and Trezor, but other options exist as well.

[BIG LIST] Hardware wallets (80+) - perhaps you will like another device from this list, and not just Ledger or Trezor.





Thanks for sharing this list of 80+ odds hardware wallet list. I never knew that there are so many wallets available in the market and not just  Ledger and Trezor.

Can anyone tell if all of these wallets are secure and we can use them ? Why everyone talks about only Ledger and Trezor when they suggest the hardware wallet ?
member
Activity: 352
Merit: 18
Pepemo.vip
Can anyone recommend me a safe place to store my bitcoins?

I think, Trust wallet is the only best & secure wallet for Bitcoin. This wallet is controlled by 12 digit private key. This is a very secure wallet.
hero member
Activity: 2114
Merit: 619
Can anyone recommend me a safe place to store my bitcoins?
Trezor brought from official store is undoubtedly the safest place to hold your bitcoins, not only it provides maximum security but it's easily portable as well and keeps you safe from hazzles of losing your private key because even with a private key one cannot access your wallet until the hardware device is with that person. But if you are not in for spending this much money a simple electrum wallet will be good enough as well, it will serve your purpose of storing coins and keeping it safe, just don't forget the private key and you'll be good to go.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
The rules of thumb when it comes to picking a way to store your coins,always remember that if you don't control or have access to your private keys then these aren't your coins,technically speaking   Tongue ...with that said options you could go with is using a  cold wallet best option for hodlers or you can go eith much easier wallets to use such as the electrum or coinomi wallets both which gives you access to your private keys or if you want something more tangible a hardware wallet would be a good choice to but a small investment will go into this one.
legendary
Activity: 1792
Merit: 1296
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Many here recommend using a hardware wallets to store bitcoins. Overall, this is a good solution for beginners due to its simplicity and ease of use. I support the recommended devices (because for beginners it is better than without HWs despite some of their shortcomings), Ledger and Trezor, but other options exist as well.

[BIG LIST] Hardware wallets (80+) - perhaps you will like another device from this list, and not just Ledger or Trezor.



hero member
Activity: 2702
Merit: 716
Nothing lasts forever
It's not enough to store them on hardware wallets.

Just saw this news earlier - Pinellas Park cybersecurity expert stole over $500K from client, police say

Apparently, the guy saw his client's Trezor and the password in the same area while setting up a security system. I know it sounds stupid but many (or some) of us could easily commit this mistake since we tend to become complacent in our own homes. So needless to say, be more careful where you put your wallets and PW. Any of your friends/neighbors could come into your house and steal them from you.

Yeah, that is absolutely right. Why would anyone enter a password to their crypto holdings when someone is around.
I would be paranoid enough to take even the hardware wallet out when somebody is around.
So in this case, it is absolutely the client's fault that he was casual enough and didn't take precautions.
Using a hardware wallet is still the best choice when an individual wants to hold his funds for a long time.
full member
Activity: 1708
Merit: 126
Seems you got many suggestions here regarding the safest wallet. So you may pick from there now. I am using Ledger at the moment and sometimes use Electrum for small funds. But really I feel secure with Ledger. More important to secure your funds is how are securing your seed phrase. If you can't save your seed phrase and get compromised then even Ledger won't able to secure your funds. To learn more about cryptocurrency and how scammers trying to scam us.

I've been using ledger as well but to be honest, the best security that we could have is awareness and being keen. Any form of wallet is hackable nowadays but if we're knowledgeable on how to protect and handle our funds, we could store them safely. The best thing to do is to never store all your assets in a single wallet and always protect and keep your seed phrase.
sr. member
Activity: 1372
Merit: 322
Is it safe to store in online wallets now?
Online wallets are password protected and they can be easily stolen by hackers through a lot of ways. It’s be possible that you will risk your credential to be public. You can try cool storage like hardware wallet.
full member
Activity: 1316
Merit: 126
Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet, but hot wallets are still convenient for some users.
https://www.investopedia.com/news/bitcoin-safe-storage-cold-wallet/#:~:text=Cold%20storage%20(or%20offline%20wallets,still%20convenient%20for%20some%20users.

The best bitcoin wallets for storing and securing your cryptocurrency
https://www.businessinsider.com/personal-finance/best-bitcoin-wallet
sr. member
Activity: 1792
Merit: 255
After my wallet hack case, namely myetherwallet a few months ago, made me have to store assets in several places, and currently I use 2 exchanges wallets namely binance and huobi, and 1 trust wallet, for trust wallet I keep 12 seeds and I change 2 words randomly so that if anyone finds it will be difficult to guess.
legendary
Activity: 2282
Merit: 3014
The consensus best hardware wallets pretty much tends to be either Trezor - https://shop.trezor.io/ or Coldcard- https://store.coinkite.com/store/coldcard . I personally think that Trezors are overall better than Ledgers, and I think the Trezor T model just makes things easier. Either way Trezor or Coldcard you can’t go wrong.
legendary
Activity: 2338
Merit: 1023
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I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features.
Storing all your assets on a centralized exchange is like depositing money in a bank and there is no guarantee that your assets will be safe.
You don't hold your own keys and they can freeze your account whenever they want.

If you are a day trader it makes sense, but never put all your assets on exchange and leave only the balance you need to trade. It's best to buy yourself a hardware wallet.
sr. member
Activity: 2828
Merit: 344
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I'm still using an online wallet, a non-custodial wallet but never did I put a huge amount in there. Because the most concern about an online wallet is the possibility to target by hackers. I'd never experienced this thing but much better to anticipate it rather than to say sorry.

It was really secure when using offline wallets OP, you've been hearing the suggestions above. Never think about how much it is but rather consider the safeguard of your assets especially if you are holding a lot of BTC.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Is it safe to store in online wallets now?
Of course not, now you may use an online wallet but only to store a few dollars worth of bitcoin in the case you want to buy something while you are outside your home, however the same can be done with a wallet installed on your smartphone with the advantage you are the only one that knows your seed words, look if you do not know how to secure your coins and you do not want to go through the trouble or learning how to do it then just get a hardware wallet, you only need a minimal amount of information to secure your coins properly if you use one, however the disadvantage is you will need to spend some money, but I think they are worth every cent as the security they provide is many times better than what a regular user can achieve on their own.
full member
Activity: 155
Merit: 102
A hardware wallet is definitely the most safe way to go. People have recommended the two most widely used options above...Trezor and Ledger. So those would be the "safest options", provided that you follow all the recommended practices, keep a backup properly etc.

The other way that I recommend, which is frankly mostly because of the convenience (I don't have a huge amount of BTC, if you do, you should probably try a hardware wallet and even better would be to not put all your eggs in one basket, so separate stuff and keep in various wallets...trust me the investment is worth it if you own a considerable amount in BTC), is using Electrum. Its open source, and as long as you know what you're doing - everything's safe and in your hands. Its also very conveniently accessible, that helps.
legendary
Activity: 2394
Merit: 2223
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Seems you got many suggestions here regarding the safest wallet. So you may pick from there now. I am using Ledger at the moment and sometimes use Electrum for small funds. But really I feel secure with Ledger. More important to secure your funds is how are securing your seed phrase. If you can't save your seed phrase and get compromised then even Ledger won't able to secure your funds. To learn more about cryptocurrency and how scammers trying to scam us.
legendary
Activity: 2660
Merit: 1141
I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features.
Once you know that bitcoin is a valuable asset then you should really realize that storing PK on the PC that you use everyday for browsing will certainly be very risky, especially if you have bad activities while browsing. You'll be safe with electrum if you know how to store it safely, so you shouldn't keep it on an exchange because it's not safe storage even if it has a good reputation right now.

Note that Binance and some of the top exchange have been hacked before, so you are not completely safe just relying on the reputation of the exchange. Instead of keeping it on an exchange then I suggest you electrum if hardware wallets are really expensive for you.
member
Activity: 351
Merit: 37
Can anyone recommend me a safe place to store my bitcoins?
For sure a hardware wallet are the one that the most safe as nobody will ever have an access into your bitcoin unless they have the hardware itself.
No. every of these has a backup seed. and if you have it all stuff is yours
sr. member
Activity: 1914
Merit: 328
Ledger Nano S for sure. With the introduction of ledger live, where you could have trades as well, and the way it could be connected to metamask or anything like that, we are talking about serious power there. It is both quite secure and it will not be stolen or hacked, but it will also make sure that you are connecting to the world very safely as well.

However, you should be aware of the fact that most of the "stolen" money is via scams and not hacks. It means that there will be some projects you will want to spend money on, and in the end we are talking about getting fooled by people and investing money into things you shouldn't and lose it all.
sr. member
Activity: 1358
Merit: 253
I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features.
copper member
Activity: 28
Merit: 24
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The safest place where you can store your bitcoins in there is definitely in your personal wallet, for some people the leave-in having a hardware wallet and storing bitcoins in some hardware wallet such as Trezor is properly the safest place where you can store your bitcoins but other than this since you will have to spend some money buy a wallet if you want you to have a safe wallet without of spending a penny just store your bitcoins in some personal wallet where you can have access to your private keys and recovery seeds.

Exactly. If people only have hardware wallets, once stolen they will be very difficult to recover them. So just a personal wallet works wonders
mk4
legendary
Activity: 2870
Merit: 3873
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Is it safe to store in online wallets now?

It never will be safe. Only use online wallets for your daily spending balance(if you actually frequently spend bitcoin). Think of your hardware wallet as your bank account, while your online wallet is your physical wallet for your pocket cash.
member
Activity: 362
Merit: 12
If you want to store your funds with the most security then just go for a hardware wallet.Here your Bitcoin Will be the most secured.If you want to store in online then you can choose electrum wallet. But I will suggest to go for the hardware wallet.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
Can anyone recommend me a safe place to store my bitcoins?

I suggest you take a look at the following protocol
https://glacierprotocol.org/
because it explains step by step how to create an ultra-secure wallet and all the possible risks you may encounter in the creation or storage phases.
In general, here it is up to you and your current situation to determine which could be the most effective tool for storing your coins / private keys ...
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
The safest place where you can store your bitcoins in there is definitely in your personal wallet, for some people the leave-in having a hardware wallet and storing bitcoins in some hardware wallet such as Trezor is properly the safest place where you can store your bitcoins but other than this since you will have to spend some money buy a wallet if you want you to have a safe wallet without of spending a penny just store your bitcoins in some personal wallet where you can have access to your private keys and recovery seeds.
legendary
Activity: 2800
Merit: 2736
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Can anyone recommend me a safe place to store my bitcoins?
Free method.
Download Electrum, create a multi sig address. At least 2/3. Google and search how to create a multi sig address. Keep the seed details for every cosigner in separate and safe places. Delete the wallet. You can always restore the wallet using the seeds. A multi sig wallet is safer than a regular wallet since you chances of exposing all seeds are lesser than the seed words of a regular wallet.

Paid and easier method.
Buy a hardware wallet.
legendary
Activity: 3668
Merit: 6382
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Can anyone recommend me a safe place to store my bitcoins?

You may need to start with understanding that any wallet you get, it will not hold your coins; the coins will never leave the network/blockchain.
A wallet's main job is to help you sign transactions, the only way to spend coins.
So what you have to safely hold is the keys or wallet seed. Not bitcoins.

This is important because it doesn't matter you lose your wallet, as long as you kept the seed safely.
And this is important because no matter how safe your wallet is; if somebody else got the seed (if you didn't store it right) he will steal your coins without touching your wallet.

Now, to the question: since you lack the knowledge, I also recommend you spend some money and get a hardware wallet. I also recommend you take extra care and:
* generate a new seed after you receive the hardware wallet
* verify the seed (reset the hardware wallet and check if you get the same addresses)
* make offline backups of the seed and keep them safely in different locations, far from each other.
legendary
Activity: 2212
Merit: 7064
Can anyone recommend me a safe place to store my bitcoins?
Rule number one is that you don't store bitcoin in any centralized exchanges, and use some open source non-custodial wallets.

If you don't want to spend money purchasing hardware wallets like Trezor, than use some old offline computer laptop, or old smartphone with Electrum wallet.
full member
Activity: 616
Merit: 161
Can anyone recommend me a safe place to store my bitcoins?

Everybody here mentioned hardware wallets and I second that, but you mentioned you want to store your bitcoins, as in plural, and maybe with that, you could look into having multiple wallets to spread out the coins. I would say that would offer much more security from technical failures, losing your wallet, and if by any chance something does happen to it, at least not everything is lost. I would definitely look into that if I was handling more bitcoins.
hero member
Activity: 2702
Merit: 672
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Hardware wallet as others has said. Trezor/Ledger is the most famous go-to's afaik, just make sure that you still ensure secure practices when storing your hardware wallets. Just because it's a hardware wallet doesn't mean that there's no way for people to still steal it. Paper wallets would be a cheaper type option of hardware wallets. There's also the option of using wallets like Electrum or Metamask but that would be an option if you can't or don't want to use hardware wallets. Lastly, just stay away from any type of custodial wallet.
sr. member
Activity: 2436
Merit: 455
Can anyone recommend me a safe place to store my bitcoins?

You can try using hardware wallets such as Trezor to keep your accounts safe from hacking. Just make sure to buy from a legitimate store so that you will be assured that your device isn't tampered. I've seen cases that people bought from an unreputable reseller and then end up getting his account's asset all transferred to an unknown receiver in a snap. While it is safe to store accounts in a hardware wallet, we still have to make sure that it is clean from all sorts of tactics.

You can also try Electrum which I also use to store my btc. For the years I've been using this, I haven't experience any trouble such as phishing or scamming. But still be wary because sometimes it's human error which brings unfrotunate events. Do not ever share your password and seedphrase to anyone. Even if you trust a friend so much, just don't. For additional security and assurance, you can also write down your seedphrase and password to a private notebook and store it in a safe place such as vault to avoid losing it which could result to being not able to open your account in the future.
hero member
Activity: 2828
Merit: 518
Can anyone recommend me a safe place to store my bitcoins?
The majority are recommending a hardware wallet...
Well, I guess you already have the answer OP. But the question is if you buy hardware that is worth enough to store the amount of your Bitcoin? What I mean is that, if you have 5 BTC at least, probably you need it but if you only have 1BTC, I suggest using online wallets like electrum wallet.

For the many years that I've used Electrum wallet, never I experience being hacked, I think it was a safe wallet and it was free. Well, of course, security also matters in how you manage your keys.
legendary
Activity: 3234
Merit: 5637
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Can anyone recommend me a safe place to store my bitcoins?

I found something perfect for you, but only if you have no problem handing over your BTC to someone else for safekeeping. I am more for the "my keys, my coins" approach, which is the only correct way - if a nuclear war breaks out, it doesn’t matter where the BTCs are, in the underground bunker, or in the hardware wallet.

The secret Swiss bitcoin storage vault
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I'd go for Trezor's most recent hardware wallet. Because I'm now having an OLED screen issue with the Ledger Nano S that I purchased less than a year ago; the screen is steadily fading/dimming, making it impossible to see what is being displayed. You must use your phone camera to view it clearly, which is inconvenient while inputting your pin number or signing a transaction.

I'm not sure if this issue actually exists in Trezor, however there are a lot of technical issues with Ledger products these days.

Probably a rare product QA issue, as I've own Ledger devices since 2016/2017 and I've never had a single problem with the screen or the device in general besides some minor issues with Ledger Live software.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Really nothing will be 100% secure, your bitcoin's safety will depend on how you take care of it. But first, you should choose good quality products so that the place to store is using a hardware wallet instead of a software wallet.

Personally, I would recommend the Trezor hardware wallet as I'm using it to store most of my Bitcoin, plus the Ledger is also a hardware wallet that's well worth using.
full member
Activity: 798
Merit: 134
I have never used any hardware wallet before all i does is either storing my BTC on Blockchain or Trustapp most at times store in CEX wallet but later withdraw out to trust. i would love to take a look at the hardware wallet and how it's.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
It's not enough to store them on hardware wallets.

Just saw this news earlier - Pinellas Park cybersecurity expert stole over $500K from client, police say

Apparently, the guy saw his client's Trezor and the password in the same area while setting up a security system. I know it sounds stupid but many (or some) of us could easily commit this mistake since we tend to become complacent in our own homes. So needless to say, be more careful where you put your wallets and PW. Any of your friends/neighbors could come into your house and steal them from you.
hero member
Activity: 812
Merit: 560
Can anyone recommend me a safe place to store my bitcoins?

Best bitcoin only supported wallets
 Wasabi wallet
electrum wallet

If you are also after a multi coin supported crypto wallet i will recommend Metamask: https://metamask.io/

Note:
If you're interested in holding or investing your coins for longer then i will advise you to make use of an open source hardware wallets https://bitcointalksearch.org/topic/list-open-source-hardware-wallets-5288971

you can further read on choosing a bitcoin wallet here: https://bitcoin.org/en/choose-your-wallet
legendary
Activity: 2674
Merit: 1048
Can anyone recommend me a safe place to store my bitcoins?
For sure a hardware wallet are the one that the most safe as nobody will ever have an access into your bitcoin unless they have the hardware itself. many will suggest trezor as they are one of the biggest bitcoin wallet provider indeed , so do i. but if you ask me other places like a software wallet like coinbase , mycelium and blockchain.com and the other giant bitcoin wallet company. i'd choose mycelium myself.

yeah i knew it that nothing is safe , especially whenyou connected to internet , a lot of things could happened in bad ways. yeah online wallet never be a recommendation but if you had to use it , then mycelium is my pick
legendary
Activity: 1904
Merit: 1563
I'd go for Trezor's most recent hardware wallet. Because I'm now having an OLED screen issue with the Ledger Nano S that I purchased less than a year ago; the screen is steadily fading/dimming, making it impossible to see what is being displayed. You must use your phone camera to view it clearly, which is inconvenient while inputting your pin number or signing a transaction.

I'm not sure if this issue actually exists in Trezor, however there are a lot of technical issues with Ledger products these days.
full member
Activity: 1834
Merit: 166
Hardware wallets are best options for you like Trezor or Ledger or if you don't want to spend money on buying these devices you can have other non custodial wallet like Electrum which do not store your keys and funds are safe.The next step is you are well aware of the fact that don't share your seeds or save them on any online storage or even on your mobile devices which could lead to security compromised and funds can be lost forever.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
jr. member
Activity: 45
Merit: 18
Hardware bitcoin wallet, I have Trezor and I like it.
newbie
Activity: 5
Merit: 0
Can anyone recommend me a safe place to store my bitcoins?
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