Topic: Which crypto wallet to use for 8,000$? - page 2. (Read 394 times)
Can a Cryptocurrency Newbie Earn 8K Bucks by Accident? Or, to put it in a not entirely honest way, proving how easy it was for him to get it since he just wants to give away 200 bucks. Binance will pay attention to it. I wouldn't want to have his bitcoins in my wallet. AML checks are all around now, and instead of buying a hardware wallet, he is throwing money away. Are there any naive people here who want to believe all this nonsense?
Electrum wallet all the way, if you want to have it on a mobile version, Trustwallet can be a good alternative. I've moved my bitcoin personally in Trustwallet because I've got mine on Binance too for awhile although the SEC in my country is planning to block the service by February so there's no way that I would go for the hassle of having to use a bypass to access Binance, better off suffering from the high fees and such rather than that if you know what I mean. Same as @adaseb, I'm having suspicions about that last part, if you're really going to give someone then they don't need a Telegram to do that, they can just drop their address on the replies and you do the due diligence after learning how to store that bitcoin in a cold wallet, definitely fishy so hopefully the person that will engage OP on Telegram is going to reply about the legitimacy.
Yes the message and post seemed legit until you got to the $200 part and the telegram. Like others have said you can easily google this yourself. If someone helps you find a wallet, you tip them like $5 or $10. You wouldn’t tip them over $200.
So I am leaning on being cautious if you DM this individual and he starts asking for some more sensitive info or wants you to go to some phishing website to claim the $200. Be careful.
So I am leaning on being cautious if you DM this individual and he starts asking for some more sensitive info or wants you to go to some phishing website to claim the $200. Be careful.
You don't need to give the person 200$ just use Electrum wallet to stor or keep your coins. Go to the your device and download the Electrum app and install it, then click create wallet, write the name you want to give to the wallet and click next, then standard wallet then new, and click on the create a new seed and write download the seed phrase and keep it in a safe place and next. Then the interface of the wallet will appear. Then click receive, and you will see the public address and copy it then you go back to the Binance app and click send and paste the address and input the figure other Bitcoin you want to send and click send them Wait for the arrival of the Bitcoin to your Electrum wallet. Have a good transaction with your new wallet. Thanks.
Guides with screenshots to avoid misleading and confusion.How to use Receive tab in Electrum
Creating an Electrum wallet
Verify wallet.
How to Safely Download and Verify Electrum [Guide]
You don't need to give the person 200$ just use Electrum wallet to stor or keep your coins.
It sounds fishy to me That he offers $200 and says to contact him on his Telegram without ever showing up here again, at least for the time being. He may or may not be sincere, I'm just saying we have to be cautious with these things as scams of this type abound. In any case and as has been mentioned, a HW wallet is the best option.
You don't need to give the person 200$ just use Electrum wallet to stor or keep your coins. Go to the your device and download the Electrum app and install it, then click create wallet, write the name you want to give to the wallet and click next, then standard wallet then new, and click on the create a new seed and write download the seed phrase and keep it in a safe place and next. Then the interface of the wallet will appear. Then click receive, and you will see the public address and copy it then you go back to the Binance app and click send and paste the address and input the figure other Bitcoin you want to send and click send them Wait for the arrival of the Bitcoin to your Electrum wallet. Have a good transaction with your new wallet. Thanks.
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$. Please write to my telegram @leaneek
If you have such amount of money in crypto then you have to consider having it offline. Imagine what happens when a CEX gives a restriction or shuts down just to obey regulations or institutions at your detriment.
Get a trezor or ledger nano wallet that is not susceptible to hacks from hackers and be careful enough to keep it safe.
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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
Well you can separate it to Electrum for your daily trading activities, and then Hardware wallet for long term storage. That is a huge money to begin with, might be better if you really take it out from exchange. Even if it is Binance, they can still confiscate your Bitcoin, as what we say here, "not your keys', not your coins".
For hardware wallets, there are 2 best options.
https://trezor.io/
https://www.ledger.com/
Electrum can be download here: https://electrum.org/#download
and the best of them is Trezor, its truly open source.
I own both a Trezor and Ledger hardware wallet and can by far recommend a Trezor
for its level of security.
As an aside the Ledger Nano is convenient to connect to a smartphone.
So if you have $8000 it would be very prudent to take $100 of it and invest in a hardware
wallet to safely store your $7900 of Bitcoin.
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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
Well you can separate it to Electrum for your daily trading activities, and then Hardware wallet for long term storage. That is a huge money to begin with, might be better if you really take it out from exchange. Even if it is Binance, they can still confiscate your Bitcoin, as what we say here, "not your keys', not your coins".
For hardware wallets, there are 2 best options.
https://trezor.io/
https://www.ledger.com/
Electrum can be download here: https://electrum.org/#download
Holding on Ledger is pretty much like using a centralized exchange. It's a false feeling of safety. If you're looking for something cheap, Get Trezor One. It costs $60 or something like that.
Blockstream Jade is around $100. Both of these are better than Ledger.
Yup. Many state that it is risky to store large amounts of crypto assets on Ledger, it is said that Ledger is open source. It's better to keep it on Trezor, this recommendation is also voiced by many members here. If you haven't had time to buy a hardware wallet, maybe OP can use the Electrum mobile wallet.
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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
Not just Binance, all centralized exchanges are not reliable to such huge amount of money because you are not in control of your bitcoin if you hold it there "not your keys, not your coins".You can use Electrum wallet or blue wallet to hold your bitcoin.
You are not supposed to share any of your identity here, and you don't have to pay for any recommendation.
Avoid revealing your private key with anyone in your PM because if anyone have your private key, they can move anything out of your wallet without your consent.
I'd take my money off exchanges ASAP and simply get a desktop wallet like Electrum. Heard a lot of good things about Sparrow and Blue Wallet too, so choose the one you like more visually.
Make sure your device is clean of any malware. You don't want to move your coins into the hands of someone who's running remote desktop or a keylogger on your computer, right?
Also, don't tell people how much money you have. I don't mean this thread, but I get the impression that you might go around asking people where to put your 8k to make it safe. Just tell people you have a little bitcoin to try it out and want to put it somewhere safe, don't go into numbers straight away.
Holding on Ledger is pretty much like using a centralized exchange. It's a false feeling of safety. If you're looking for something cheap, Get Trezor One. It costs $60 or something like that.
Blockstream Jade is around $100. Both of these are better than Ledger.
Make sure your device is clean of any malware. You don't want to move your coins into the hands of someone who's running remote desktop or a keylogger on your computer, right?
Also, don't tell people how much money you have. I don't mean this thread, but I get the impression that you might go around asking people where to put your 8k to make it safe. Just tell people you have a little bitcoin to try it out and want to put it somewhere safe, don't go into numbers straight away.
I would just get a Ledger Nano S plus if its BTC only you can get a ColdCard mk4 that is even better.
Holding on Ledger is pretty much like using a centralized exchange. It's a false feeling of safety. If you're looking for something cheap, Get Trezor One. It costs $60 or something like that.
Blockstream Jade is around $100. Both of these are better than Ledger.
I would just get a Ledger Nano S plus if its BTC only you can get a ColdCard mk4 that is even better.
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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
It does not matter how much money you have, you can store them in any noncustodial wallet, if you are planning to hold for a longer period of time then I suggest you should use Electrum due to many reasons, first it is noncustodial, as you own the key thus you own the funds fully and can do whatever you want anytime, second, electrum is open source, unlike other noncustodial wallets like Trustwallet which is not fully open source. Third, Electrum does not block accounts unless you do some stupid shit from your end.And I suggest you to withdraw funds from Binance not because Binance blocks accounts as if you have done the KYC then they have no reason to block your account until you have done some illicit activity. I am saying this because Binance is facing a lot of trouble like in Indian Binance along with other 8 exchanges is banned and Indians can't access it directly. US authorities are behind Binance and they want it to vanish from the market, so it would be best for you to avoid using Binance for holding purposes, but if you want to do trading then I won't stop you using it.
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.
Do not use online wallet if you can not afford to lose the coins. Use cold wallet.
yeah I think you right, in the scamming part because nobody just come for no where, that his new in cryptocurrencies and was able to earn such huge amount of money, who also found that weird and suspicious.Do not use online wallet if you can not afford to lose the coins. Use cold wallet.
Please write to my telegram @leaneek
You are easily drawing scammers to yourself. 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.Using cex account keep your coin not actually advisable. You can use it and to purchase any coin you wanna purchased and send them in any Dex account. Because leaving your funds in cex account is like leaving your funds on someone else's hands.
There are various good bitcoin wallet you can store your asset we have.
Electrum
Bluewallet
Exodus
Mostly electrum is pretty great and also do your research about them too. And you don't have to pay anyone here for asking for help. Because one of the aim of the forum is to render help to those who need any assistance. Because here you can meet alot of pro.
Exodus is a close source wallet. Not recommended at all. Online wallet also not recommended unless you use them as a cold wallet on an airgapped device.There are various good bitcoin wallet you can store your asset we have.
Electrum
Bluewallet
Exodus
Mostly electrum is pretty great and also do your research about them too. And you don't have to pay anyone here for asking for help. Because one of the aim of the forum is to render help to those who need any assistance. Because here you can meet alot of pro.
I’m thinking OP may be a scammer. It’s unlike that someone would want to gift a stranger $200 for doing next to nothing. For the more trusting members of the forum, remember that there is no free lunch in this world. If it sounds too good to be true, it is not real. Anyone who is greedy enough to pm that telegram account will surely be roped into a scam.
I guess so as well. He may likely be a scammer 
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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 are so desperate to lure people to Telegram and that is a red flag for me. You posted this enticing message with another brand new account telling people to visit this same telegram @leaneek. You are most likely not pure and people should be careful of you. If you are saying the truth in this post that you have such amount, you would have known how to go about the money because there is enough information about wallet in this forum. hero member
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Just like a few people have said, I still support what they have said concerning the hardware wallet. Hardware wallets are the best place to store huge amounts of bitcoin. It's more safe since it's not directly attached to your device (phone or laptop) all the time, just like you can have a normal software wallet just on your device. If you had $8000 on Binance Exchange, you should quickly get a hardware wallet and transfer your funds out of hardware.
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.
Do not use online wallet if you can not afford to lose the coins. Use cold wallet.
Do not use online wallet if you can not afford to lose the coins. Use cold wallet.
Please write to my telegram @leaneek
You are easily drawing scammers to yourself. 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.Using cex account keep your coin not actually advisable. You can use it and to purchase any coin you wanna purchased and send them in any Dex account. Because leaving your funds in cex account is like leaving your funds on someone else's hands.
There are various good bitcoin wallet you can store your asset we have.
Electrum
Bluewallet
Exodus
Mostly electrum is pretty great and also do your research about them too. And you don't have to pay anyone here for asking for help. Because one of the aim of the forum is to render help to those who need any assistance. Because here you can meet alot of pro.
Exodus is a close source wallet. Not recommended at all. Online wallet also not recommended unless you use them as a cold wallet on an airgapped device.There are various good bitcoin wallet you can store your asset we have.
Electrum
Bluewallet
Exodus
Mostly electrum is pretty great and also do your research about them too. And you don't have to pay anyone here for asking for help. Because one of the aim of the forum is to render help to those who need any assistance. Because here you can meet alot of pro.
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 
Hey, you don't need to share your personal contact information here, because scammers would contact you with some phishing wallets.
I’m thinking OP may be a scammer. It’s unlike that someone would want to gift a stranger $200 for doing next to nothing. For the more trusting members of the forum, remember that there is no free lunch in this world. If it sounds too good to be true, it is not real. Anyone who is greedy enough to pm that telegram account will surely be roped into a scam. 
Hello everyone, I'm new to cryptocurrency and I was able to earn 8,000$ 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
As suggested buying a Hardware wallet is the best choice and if you are not willing to go for a hardware wallet then consider setting up an airgap device where you can install Electrum wallet and move your funds from the exchange to the wallet.
Guide : Creating a Cold Storage wallet in Electrum
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