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Bitcoin

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Where should I go to buy bitcoin and what is the best practice to store they digital keys associated with it?

Thomas O'Malley
53 months ago

3 answers

1

Thomas-
Here in US, coinbase is the best source as they are insured against hacks / thefts / loss. Use two-factor authentication on any exchange you decide to use. There are several others in US - Kraken, Poloniex, Bittrex etc.
But in terms of best practice, your crypto wealth is best stored offline on a paper wallet (if you are the responsible type, putit in a ziploc bag / safe box), or store your private keys on a hardware wallet (like Trezor). Hope that helps for a start!

Rohit Tandon
53 months ago
Thanks Rohit - Thomas 53 months ago
0

Hi Thomas, if you want to have a better understand of Bitcoin and the Blockchain technology my advice is to join the following course, https://digitalcurrency.unic.ac.cy/free-introductory-mooc/. This is for free and will provide you with a useful overview on Bitcoin.

Paolo Beffagnotti
53 months ago
Thanks Paolo Beffagnotti - Marcel 11 months ago
0

Thomas,
I use Coinbase and GDAX (which is owned by Coinbase), which has 0 fees for limit or stop orders. I then store my cryptocurrenices offline in a Trezor wallet for security purposes. Let me know if you have any additional questions, I'm happy to help.

Hunter Woody
53 months ago

Have some input?