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Which exchanges are the best? --- Depending on where you are located, best exchanges probably means an exchange that has high liquidity and smoothly facilitates
by tmlee 9y ago
Which exchanges are the best?
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Depending on where you are located, best exchanges probably means an exchange that has high liquidity and smoothly facilitates withdrawal and deposit. In this case consider Gdax, Bitfinex, Coincheck, etc.
How should I secure my coins once I've bought them?
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Really securing coins is hard and requires up most attention. The easiest way to get started is to purchase a hardware wallet. I recommend Trezor but you may also use a Ledger. These wallets supports a few other coins aside from Bitcoin such as Litecoin, Dash, Ethereum.
As for Ethereum, the Trezor wallet works well with Myetherwallet, a web wallet for Ethereum which you can secure your own private keys. This private key can reside in your hardware wallet in which you use to sign transactions. This very same wallet is also used to store all ERC20 tokens.
- nitin_flanker 9y agoWhat if I can't/don't want to buy a hardware wallet? (Since the amount that I want to store isn't worth buying an expensive wallet) I've heard that paper wallets are good too but I have no idea how to use them. It would be great if you (or anyone) can help me with the process of using them.
- jrruethe 9y agoI wrote a guide a while back that may be of some help: http://jrruethe.github.io/blog/2015/04/23/bitcoin-paper-wallets/ http://jrruethe.github.io/blog/2015/04/23/bitcoin-paper-wall...