Which crypto wallet to use for 8,000$?

SatoPrincess

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Quote from: salad daging on January 19, 2024, 01:48:07 PM

To me this is definitely shady, just asking which hardware wallet is good and then will give $200 in return by contacting telegram, very suspicious.
Maybe the scenario is like this: Someone contacts the OP's telegram to claim the $200 reward, then he might argue to access a certain link (maybe it could be) because usually scammers always have a way, I'm not entirely accusing but this way is a bit suspicious.
Even he can search the internet about the best HW, many articles provide this, but I don't know what the OP is doing is just a possibility.

It’s very suspicious, OP hasn’t made any post ever since. I guess he expects members to pm him on telegram for the supposed $200 reward. I suspect anyone who pms the OP will either be told a story of how the exchange holding the coins is asking for a withdrawal fee and they need help because they do not any way of getting the money. Of course they will promise you a reward for your help, it could be 40% of the $8000, that’s enough money to get a greedy person’s attention.

salad daging

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Quote from: Poker Player on January 18, 2024, 11:37:19 PM

It sounds fishy to me That he offers $200 and says to contact him on his Telegram without ever showing up here again, at least for the time being. He may or may not be sincere, I'm just saying we have to be cautious with these things as scams of this type abound. In any case and as has been mentioned, a HW wallet is the best option.

To me this is definitely shady, just asking which hardware wallet is good and then will give $200 in return by contacting telegram, very suspicious.
Maybe the scenario is like this: Someone contacts the OP's telegram to claim the $200 reward, then he might argue to access a certain link (maybe it could be) because usually scammers always have a way, I'm not entirely accusing but this way is a bit suspicious.
Even he can search the internet about the best HW, many articles provide this, but I don't know what the OP is doing is just a possibility.

8rch7

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Electrum is worth and enough wallet for holding your bitcoin assets, but I don't get problem with Binance block or suspended user account without any reason yet. Have been trade and use Binance as place for holding my assets more than five years and not get much problem yet during account have been verified and not get abnormal activities with the Binance exchange account.

Personally not secure yet when saving your bitcoin assets in exchange, learned with how many exchange collapse and not refund the user money is main reason more securing hold bitcoin or altcoin assets in wallet.
For bitcoin electrum is most safety wallet and you have control by your self with saving carefully seed phrase or electrum, maybe long term holding bitcoin is not problem saving in electrum wallet but scalping trader hold in exchange more benefit than wallet.

Pmalek

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Get your money off of the exchange as soon as possible. The coins aren't yours until you are in control of the private keys.

Since you have $8000 worth of BTC, the best combination of security and convenience is achieved with a hardware wallet. Depending on how much you are willing to invest, you can get one starting at around $50 and going up to several hundred dollars. Check out Trezor, Foundation Passport, or ColdCard. You can even purchase an offline signer like the Seedsigner.

If you have an extra laptop/PC lying around and collecting dust, you can turn it into an airgapped computer by removing all connectivity hardware, reformatting the drive, and installing Electrum on it. That PC should never again go online.

Alternatively, you can use a live OS like Tails that comes with Electrum installed on it. The less safe and non-recommended option (in my opinion) is using a software wallet like Electrum, Bitcoin Core, or a multi-coin wallet on a internet-connected computer.

Rabata

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

Depending on a centralised exchange you can never be 100% sure. You can become a victim for any reason like hack or others issue. If your money is in your possession, it is safe. If you are a long term holder then you can choose a hardware wallet which is the most secure. And if you think you'll need to make regular payments, a software wallet wouldn't bad. Treasure and Electrum These wallets are good for holding Bitcoins.

There is no need for what you are offering. Because here you will get free suggestions by members. This forum can provide you 24-hours support for all kinds of cryptocurrency related discussions not only bitcoin holding but you must be regular in the forum.

pawanjain

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

Don't hold your coins in an exchange. You have multiple options.

1. Buy a hardware wallet
2. Download an open source wallet
3. Create a cold wallet

You can buy hardware wallets like Trezor, Safepal etc... or can download opensource wallets like Mycelium or Electrum.
You can also create a cold storage and keep it off the grid if your more tech savvy. There are already many guides on the internet available for it.

Asuspawer09

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I could easily recommend Electrum since that is just what I've been using for a long time and so far I haven't really encountered any issues with it with the years of use so far. It has a lot of users, it is open source and easy to install on your desktop computer. I would totally recommend this compared for sure to other custodial wallets or just putting your 8k$ investment on an exchanger which is for sure not recommended since you dont have control over your money if you put it there.

You could easily download Electrum wallet here [GUIDE] How to Safely Download and Verify Electrum [Guide] . Just avoid putting this kind of money of exchanges and custodial wallets.

Or at some point you could easily invest on hardware wallets since it might be worth it investing for security, you could learn more about wallets here [General] Bitcoin Wallets - Which, what, why?

Rikafip

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Quote from: Lanatsa on January 18, 2024, 01:54:38 PM

Electrum would be enough. Cool

I don't know about you, but I definitely woulnd't feel comfortable leaving $8k on a software wallet, even if its something as reliable as Electrum. After all, you can get a reliable hardware wallet for less than $100 so there's really no real to use software wallets for hodl. I know I sleep much better knowing that even if my PC somehow gets hacked, my crypto is safe.

sokani

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

You can get the advice or suggestions you need here and there's no need to take the conversation to telegram except you've an ulterior motive.

The safest way to store your asset is by using a hardware wallet. Trezor, passport, jade, bitbox satochip, keepkey are good examples of open source hardware wallet you can choose from. If you cannot afford any of the above, software wallets like Electrum wallet, bluewallet, unstoppable wallet are also very good.

Steviek896

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Very good wallet suggestions in this thread except for the scammers attempt.

Z390

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If you can invest that much in Bitcoin you should be able to afford $200 for a hardware wallet, the best place that's safest for your Bitcoin is a cold wallet, you can keep on Electrum like you are been told and this wallet is open source, but running Electrum wallet on your smartphone makes it always online, I believe it will be better if it's offline, find a hardware wallet that's fully open-source and also have high rep like Trezor and store your Bitcoin in them.

The Tezor Model T have good security and it's open source, this is why I consider it the best for Bitcoin, while Blue wallet is the best Bitcoin mobile wallet for me, Electrum wallet on PC is simply the best for Desktop PC, but like I've said, it's safer your Bitcoin are kept in a hardware wallet than on your computer, with hardware wallet you only have to look after your seed, but with computers you need to watch out for malware and spyware too, even viruses.

You always have to know and trust which links you click on to avoid mistakenly giving up control to hackers over your PC, it's not with it, is you have the money go hardware wallet.

BTC_Dragon

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I can say as someone that's also fairly new to self-custody, Trezor has been a cake walk.

2Pizza410000BTC

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

$8000 is a huge amount, you can quickly buy a hardware wallet and transfer bitcoins to that hardware wallet. What you have heard is true because many times Binance Exchange account gets blocked and causes various difficulties. Buy a hardware wallet as soon as possible without taking such a big risk and keep your bitcoins there. You can also keep your bitcoins in electrum wallet or blue wallet but the wallet seed phrase must be kept very safe.

milewilda

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So, just like to know on whats the real thing about $200 bonus or reward on just simply giving some advise then
it turns out that this is simply just a scam attempt.

As we can see, he's really that trying to lure someone on making some deposit on resvex.com.
So newbies out there, better avoid on doing so.

Thread should be locked. Cool

snuffman8

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It's great that you've earned $8,000 in BTC. Security is paramount, and it's a smart move to consider a reliable wallet. I'd recommend using hardware wallets like Ledger or Trezor for maximum security. They offer offline storage, protecting your assets from online threats. Also, consider software wallets like Exodus or Atomic Wallet for a user-friendly experience.

Y3shot

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

Binance is an exchange and it is not advisable to keep such amount of money in Binance, the best place for you to store your bitcoin is in a non custodial wallet, which can an electron wallet or blue wallet. Do not use exchange to store Bitcoin because it is a big and well known. Exchange image not safe to store Bitcoin because it can be hacked by scammers . It is better to store your bitcoin in a wallet you alone have access to your wallet seed phrase.

MFahad

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

That is not completely true about Binance. Binance does not necessarily block any account. unless someone break their rules. or their are some involvment of govt which forces Binance to block some accounts.
I actually never heard of Binance Blocking any Account. and if you are planning to start trading then there is no point in withdrawing them to another wallet.
but as everyone else said Binance is a CEX after all and CEX have their own risks. and $8000 is a big money to risk like that.
if you are planning to just hold those money in form of a cryptocurrency then I suggest you go with a hardware wallet. The best hardware I can recommend is Trezor, ledger is also a good wallet but I heard a lot of bad news about them..

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Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ in btc, and I keep all the money on binance, but I heard that binance blocks accounts. Please advise me of a reliable crypto wallet to store this money, who can recommend a really good wallet, I can transfer you 200$. Please write to my telegram @leaneek

If you found this forum, it means you can also search for information about bitcoin storage wallets on google easily without having to spend 200 USD. So you're more of a suspect than a newbie trying to find help here. I hope my and everyone else's suspicions about you are wrong but if you came here to scam, I think you have failed.

Bulls season is approaching and many topics aimed at luring newbies into scam projects and luring newbies into scam traps are springing up like mushrooms. I urge newbies to be as vigilant as possible and not greedy to avoid falling prey to scammers.

Charles-Tim

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Quote from: m2017 on January 19, 2024, 06:52:23 AM

Passport hardware wallet? Why don’t you recommend Ledger Trezor or something like that?

For altcoins, Trezor is recommended. Passport hardware wallet is airgapped. It is easy to use with wallet like Sparrow through QR code transaction signing. For bitcoin-only wallet, it is highly recommended.

Quote from: m2017 on January 19, 2024, 06:52:23 AM

What if it's just the opposite? The new account in its first post offers $200 just for recommending hardware wallet? Just write to @telegram? This could be good bait.

What if not the opposite. It can be either. Worth posting what are necessary. I think we cover all these already in the first page and why quoting this? It is not necessary at all. It makes it looks like repeating what has been posted before.

Quote from: m2017 on January 19, 2024, 06:52:23 AM

Well, not necessarily. If someone needs unreasonable risks, then he can store it anywhere. Smiley Even on centralized exchanges or online wallets, like blockchain.com.

Read the OP again and the topic title. This post does not look like the post of m2017 that I once knew.

m2017

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Quote from: Charles-Tim on January 18, 2024, 03:10:50 PM

You can use a cold wallet, or get yourself hardware wallet like Passport. You can setup a multisig wallet with hardware wallet and wallet like Sparrow or Electrum.

Passport hardware wallet? Why don’t you recommend ~~Ledger~~ Trezor or something like that?

Quote from: Charles-Tim on January 18, 2024, 03:10:50 PM

Quote from: Jiklojajsknm1990 on January 18, 2024, 01:46:25 PM

Please write to my telegram @leaneek

You are easily drawing scammers to yourself.

What if it's just the opposite? The new account in its first post offers $200 just for recommending hardware wallet? Just write to @telegram? This could be good bait.

Quote from: Charles-Tim on January 18, 2024, 03:10:50 PM

Quote from: SatoPrincess on January 18, 2024, 01:54:25 PM

You’re right, centralized exchanges are not supposed to be used for storing bitcoins. Move your bitcoins from Binance to Electrum or Blue wallet. I don’t understand why you would add your telegram handle here and promise $200 for information you can easily google, all these looks suspicious.

Worth knowing that $8000 should be kept on a cold wallet or cold wallet setup eith multisig wallet.

Well, not necessarily. If someone needs unreasonable risks, then he can store it anywhere.

Even on centralized exchanges or online wallets, like blockchain.com.

Quote from: Charles-Tim on January 18, 2024, 03:10:50 PM

Quote from: SatoPrincess on January 18, 2024, 02:49:05 PM

I’m thinking OP may be a scammer. It’s unlike that someone would want to gift a stranger $200 for doing next to nothing. For the more trusting members of the forum, remember that there is no free lunch in this world. If it sounds too good to be true, it is not real. Anyone who is greedy enough to pm that telegram account will surely be roped into a scam.

I guess so as well. He may likely be a scammer

This will be known after communicating with OP in the telegram chat. Any volunteers?

Topic: Which crypto wallet to use for 8,000$? (Read 395 times)