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Topic: I don't understand.. - page 2. (Read 693 times)

newbie
Activity: 22
Merit: 0
June 16, 2017, 02:03:35 PM
#3
I got confused the more... God

Thanks anyway
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
June 16, 2017, 02:00:56 PM
#2
You can use your private keys to recover the wallet, just installing the wallet again and importing the private keys. At least as far as I know from other coins (Do not have a full BTC wallet).

Without keys, if the exchange dissappears your coin just dissappear.
newbie
Activity: 22
Merit: 0
June 16, 2017, 01:54:59 PM
#1
People often say exchange are risky because one does not have access to his private keys and other secrets stuff.
My Question is why are this keys safe? What if the wallet I have my Bitcoin in dissappears or goes out of business  what will I do with the keys??
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