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Why do I need a hardware wallet if my seed phrase is safe? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

I know this is a rookie question, but what is the best hardware wallet to store my bitcoins? With all this international business happening, I really want to take control of my own financial future, and would like a safe way to store my bitcoin

submitted by TheWhiteWizzzard to Bitcoin [link] [comments]

Coinbase is pissing me off. How do I withdraw my coins safely? How do bitcoins wallets work?

They’re giving out information on thousands of users to the Fed. I know tax evasion is illegal; I don’t plan on evading my capital gains taxes. But the whole point of digital currencies is gaining back your privacy in cyberspace. There doesn’t need to be a digital record of every goddamned thing I do with my money with my full name written all over it and with time stamps that some company or government entity can exploit whenever they feel like it.
How do I withdraw my bitcoin into my own wallet for safe keeping? What is the best way to store my bitcoin outside of an exchange? I need help to avoid scams and unnecessary risk. I have no idea how to bitcoin outside of Coinbase.
submitted by Claxicon-Jaxus to Bitcoin [link] [comments]

Is "Mycelium" wallet good/safe to store my bitcoins?

What is the best safest mobile wallet out there right now for BTC?. With all safety and backup options.
submitted by mmoorroonn2016 to Bitcoin [link] [comments]

Auto Post from Bitcoin: Coinbase is pissing me off. How do I withdraw my coins safely? How do bitcoins wallets work?

submitted by bunnywinkles to Crypto_Warriors [link] [comments]

What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware wallet? Thanks.

I'm about to get my first 5$ tonight
submitted by thebloggingpot to Bitcoin [link] [comments]

Is it really safe to keep my Bitcoins in a Cold Wallet?

Is it really safe to keep my Bitcoins in a Cold Wallet? submitted by joshan_96 to Bitcoin [link] [comments]

Just bought my first .0066 bitcoin. Got it from coin base, sitting in my Coinbase wallet? Is it safe there, or should I move it ? If so how do I move it? I plan to hodl this little amount.

submitted by sizzlinglavamonster to Bitcoin [link] [comments]

Is the Copay Android wallet safe for keeping my bitcoins for the upcoming hardfork?

submitted by The__Chaos to Bitcoin [link] [comments]

Is it safe to transfer my Bitcoin from Bread(wallet) to a Trezor while these forks are happening?

Sorry for the newbie question, I'm overwhelmed with work at the moment and don't have much time to research this myself unfortunately, so I was hoping you guys might be able to point me in the right direction.
I have my BTC in Bread (formerly Breadwallet), but decided to buy a Trezor which should be arriving in the mail later today.
I see that a soft fork is happening now/has happened and that the another hard fork is probably happening soon.
I read that perhaps there's some danger in transferring BTC at the moment with the forks happening, if the chain splits and there are two similar, yet different, types of "Bitcoin", which could lead to the transferred Bitcoin being converted to the new one. And also that I could do something that would mean I lose the possibility to take advantage of any 'airdropped' fork coins.
Is it safe for me to transfer my BTC from Bread to my new Trezor today? Is there anything in particular I should be doing to make sure nothing goes wrong?
Again, apologies if I have anything wrong including the terminology used above. I'm new to this. Thanks in advance!
submitted by bsaires to Bitcoin [link] [comments]

What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware walle /r/Bitcoin

What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware walle /Bitcoin submitted by cryptoallbot to cryptoall [link] [comments]

What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware walle /r/Bitcoin

What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware walle /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is it really safe to keep my Bitcoins in a Cold Wallet?

Is it really safe to keep my Bitcoins in a Cold Wallet? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is it safe to keep 100% of my bitcoins in a BIP38 paper wallet?

submitted by therumking to Bitcoin [link] [comments]

I set-up my bitcoin wallet on my laptop. If I connected my laptop to a public wifi, but my laptop is in safe mode with networking, would my bitcoin wallet get comprimised?

Title. I am a newbie here. Not really sure if this community hates bandwagonners like me or not, but I really wanna learn about bitcoin
submitted by LeGreatMarquis to Bitcoin [link] [comments]

Trying to get my Bitcoin Cash out of Electrum. Is it safe to create an Electron Cash wallet with a still unconfirmed Bitcoin transaction in the original Electrum wallet?

At noon yesterday, I initiated a transfer of my Bitcoin in Electrum to a new Electrum wallet. I am doing this prior to creating an Electron Cash wallet with my original Electrum wallet seed, as is recommended by Electrum.
The transaction is still unconfirmed despite using a reasonable fee for the time (although the recommended fee has skyrocketed since). My question is, is it safe and advisable to create an Electron Cash wallet with a still unconfirmed Bitcoin transaction in the original Electrum wallet?
There's a lot of value at play here so I want to be certain my Bitcoin and Bitcoin Cash are safe.
submitted by bm2xv to btc [link] [comments]

I'm looking to gift my family bitcoins for christmas, what is the easiest yet somewhat safe wallet to give them? They NOT tech sawy at all

submitted by Rallerbabz to Bitcoin [link] [comments]

Safe to keep my Bitcoin on Blockchain wallet in case there is a split?

I just transferred my bitcoin from coinbase to my blockchain wallet. What do you guys think? If I should move it, please let me know the most user-friendly site. I am out of the country and will purchase a Trezor once I return.
Yes I am a Noob, thanks in advance.
submitted by ballsackyjo to Bitcoin [link] [comments]

is it safe to open my bitcoin core wallet to electrum?

i formatted my laptop and needed to download and install the bitcoin qt again, after i copy and paste my wallet.dat its showing that it has to sync for 8 years, and i think it would take weeks beforenit fully sync. i wonder if i can save my wallet.dat and paste it to electrum? but is it safe? i look at youtube and no instruction on how to do that.
submitted by liteayan to Bitcoin [link] [comments]

Is offline wallet truly the best way to safely for hodl-ing my funds? Can someone give me some tips or advice, preferably video or text tutorial as well alternatives to how to freeze my bitcoin until a future day comes¿ I'd quite appreaciate it, thanks.

Is offline wallet truly the best way to safely for hodl-ing my funds? Can someone give me some tips or advice, preferably video or text tutorial as well alternatives to how to freeze my bitcoin until a future day comes¿ I'd quite appreaciate it, thanks. submitted by lacertasomnium to Bitcoin [link] [comments]

Is coinbase a safe place to keep my bitcoin wallet?

submitted by dbeyr to Bitcoin [link] [comments]

So is the small amount of bitcoin I have on my computer safe? Its hadn't been moved to the wallet yet.

submitted by Rylentless to NiceHash [link] [comments]

What is a Bitcoin Wallet? (in Plain English) - YouTube Is Bitcoin 100% Safe? Where Is Cash App Bitcoin Wallet Address? 🔴 - YouTube How to get a Bitcoin Wallet Address - FREE & in under a ... How to keep Bitcoin Safe and Secure (without taking it offline)

Whether you’re new to Bitcoin or just want to brush up on your knowledge, it all starts with a wallet. Without a Bitcoin wallet, there’s nowhere for you to keep your cryptocurrency. In this guide, we’ll walk you through… What a Bitcoin wallet is and how it works. … I must be the unluckiest Bitcoin user ever because my wallet got hacked 3 times! I can’t believe my luck! After the first time I started documenting on ways to protect myself but it happened again nonetheless. After 3 times, I feel I know more about protecting your wallet than anyone else J! I’m not sad because I only lost about 1 Bitcoin ... Ledger Hardware Wallet For Bitcoin & Cryptocurrency Storage [REVIEW] The Ledger Nano S is a hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons. A cryptocurrency wallet is a software program that let you to store, send and receive Bitcoin or any other cryptocurrency. Furthermore, it stores private and public keys which enable you to access and transfer your funds through various blockchains. When you download and set up cryptocurrency wallet, you generate the wallet address that is similar to account number. The real identification of ... The ability for to keep your Bitcoin or any other cryptocurrencies safe over a long time horizon is important, especially for those who are investing a lot of their money into these digital tokens. Private Keys are Kept Secured . When you use a hardware wallet, you private key is stored separate from the other data on the device. This compartmentalization means that your sensitive data is ...

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What is a Bitcoin Wallet? (in Plain English) - YouTube

If you want to find out more about the tools we have for cryptocurrency investors in our Masters area, see video here: https://moocharoo.ninja/bmm Also try: ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X A Bitcoin wallet is a device or program that stores your private keys and allows you to ... In today's video I show you guys the top 5 safest crypto wallets to store your crypto in. Make sure not to use exchanges to store your crypto! Not your keys,... Where Is Cash App Bitcoin Wallet Address? __ Try Cash App using my code and we’ll each get $5! SFGQXGB https://cash.me/$AnthonyCashHere __ Price Check: https... I heard horror stories of Bitcoin getting hacked and moved and never being seen again. There are extremely secure and safe ways you can use, like using a paper wallet or a cold storage device, but ...

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