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Topic: I need Wallet for my Bitcoin Investment - page 2. (Read 337 times)

legendary
Activity: 2422
Merit: 2228
Signature space for rent
November 17, 2022, 01:26:07 PM
#4
If you can secure your seed phrase, Eelectrum is safe enough. It would be preferable if you could purchase Ledger, though I don't believe you should do so right now considering your Bitcoin balance. Simply protect your device from attackers, regardless of the wallet you use. I've been using Electrum for a while now, and it's the best non-custodial wallet apps I've found so far. I've recently started using Ledger to secure my funds. So keep this in mind for the future.
legendary
Activity: 2618
Merit: 1105
November 17, 2022, 01:14:19 PM
#3
You can go for Electrum or Mycelium
Btw, trust wallet is also one of the most recognised wallets now that the FTX collapse took place, as it helped CZ to promote that wallet (non-custodial one)
Btw, please remember that if you will send your coins out from Binance (as I think your purchase was from there based on the image you shared), it will cost you BTC0.0002 which is around $3.34 atm
legendary
Activity: 2380
Merit: 5213
November 17, 2022, 12:47:01 PM
#2
Though I have opened Electrum but I have not moved the coins to it.
Electrum is secure enough. It's non-custodial and give you full control over your fund. It's also open-source and we can be sure that there's nothing hidden going on behind the scene.
Before sending any fund to your wallet, make sure that you have download electrum from its official website and verify your download. Also, keep you seed phrase offline in a secure place, so you can recover your wallet in the future.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
November 17, 2022, 12:37:25 PM
#1
Based on your encouragements and advices in my first purchase of Bitcoin, I was motivated to use part of my Christmas savings of $12.53 to buy Bitcoin today and I want to move them out from the exchange platform to a wallet and as a newbie in the system, I don't know which of the wallet is preferable. Though I have opened Electrum but I have not moved the coins to it.
So which of the wallet should I used to keep my coins safe?

Today's purchase was awesome



One thing I discovered from the exchange platform is that the buying price is higher than the selling price.
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