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Do not leave coins on an exchange. Any digital currency is only yours if you control the private keys. All recommendations are for Bitcoin. Most secure: A har
by pointsphere 9y ago
Do not leave coins on an exchange. Any digital currency is only yours if you control the private keys.
All recommendations are for Bitcoin.
Most secure: A hardware wallet like the "Trezor" or "Ledger". Good balance of security and usability. Gives you a backup phrase in case the device is lost. Backup phrase fits on a piece of paper, can be made as secure as required. Keep backup phrase in multiple locations.
Cheap and secure: (encrypted) paper wallets generated from https://www.bitaddress.org https://www.bitaddress.org , with backups stored in multiple locations. Bad usability, but can be made as secure as you want/require.
Easy, reasonably secure, not for large amounts: "breadwallet" for iOS/Android. OSS, user friendly, but not recommended for long-term storage. As most modern wallets do, this one also gives you a backup phrase to be stored on paper.
As for exchanges, I'm in Europe and trust bitcoin.de.
On Reddit there have generally been no major complaints about Bitstamp, a few about Coinbase, and a lot about Kraken.
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