Topic: Safe storage BITCOINS for Indians (Read 178 times)
Without much explanation, i will recommend ledger nano s.Go grab one during this Christmas Sale
Hardware wallets are safest way to keep your BTC. As now a days , hackers are quite active and many cases have been reported of being cons by hacking individual wallet or even some exchanges and NiceHash have a bitter experience in past. So its better to keep precaution rather than regretting.
I personally like Ledger Nano S as physical hardware wallets as it is the most user-friendly wallet available in the market right now,
I personally like Ledger Nano S as physical hardware wallets as it is the most user-friendly wallet available in the market right now,
Safe storage
If you hold a significant amount of Bitcoin, it is advisable that you store them in a hardware wallet where you control the private keys and keep only the amount that you want to trade with the exchange. Some of the recommended hardware devices are Ledger and Trezor.
https://www.ledgerwallet.com
https://trezor.io/
If you hold a significant amount of Bitcoin, it is advisable that you store them in a hardware wallet where you control the private keys and keep only the amount that you want to trade with the exchange. Some of the recommended hardware devices are Ledger and Trezor.
https://www.ledgerwallet.com
https://trezor.io/
I wonder why you used Indian, when word "Indian" had no relevance with your advice. Well..
No doubt, Ledger Wallet and Trezor are one of the safest Crypto wallets. They both are hardware wallets and such wallets are considered as safest.
But you suggested to use exchange as hot wallet so to trade. While according to me, combo of Hardware (for cold storage) and Exchange (for hot storage) isn't the best one. Rather it is good to make paper wallet and then import keys to Client wallet like Electrum. In this way, one can use single wallet as both hot and cold storage. Send Bitcoins whenever one wants by importing keys, else otherwise save wallet physically somewhere.
Safe storage BITCOINS for Indians ? Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues. Just this week, scams have arisen that divert funds from users' mining rigs to malicious wallets, because victims forgot to change default login credentials. Search engine phishing scams that tout malicious trading sites over legitimate exchanges have also spiked. And a trojan called CryptoShuffler has stolen thousands of dollars by lurking on computers, and spying on Bitcoin wallet addresses that land in copy/paste clipboards.
Yes, Ledger Nano S is recommended to use
yes the hardware wallets are the safest way to store your Bitcoins and other crypto coins. Currently Ledger supports many more coins than the Trezor.
Safe storage
If you hold a significant amount of Bitcoin, it is advisable that you store them in a hardware wallet where you control the private keys and keep only the amount that you want to trade with the exchange. Some of the recommended hardware devices are Ledger and Trezor.
https://www.ledgerwallet.com
https://trezor.io/
If you hold a significant amount of Bitcoin, it is advisable that you store them in a hardware wallet where you control the private keys and keep only the amount that you want to trade with the exchange. Some of the recommended hardware devices are Ledger and Trezor.
https://www.ledgerwallet.com
https://trezor.io/
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