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How to Keeping Your Bitcoins Save and Secure

Started by Sub5, Jun 01, 2019, 11:40 am

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Jun 01, 2019, 11:40 am Last Edit: Jun 01, 2019, 11:44 am by Sub5
There are many method to keep your bitcoins save and secure, we will take it one after the other. Although Hardware Wallets are the most secured way to keep your bitcoins safe.

The most secure way, and the way I recommend is to store your Bitcoin in a hardware wallet.
Hardware wallets come with a price, but they are much safer. So, if you really, really don't want to lose your Bitcoin, you should think about buying one of these:

1. Nano Ledger S - The Nano Ledger S allows you to store Bitcoin, Ethereum, and other cryptocurrencies! This is an easy-to-use hardware wallet with a lot more security than online wallets and software wallets. You can buy the Ledger Nano S for around $95.

2. Trezor Wallet - The Trezor wallet is one of the most secure ways to store your Bitcoins. It stores the keys to your wallet on a small piece of hardware - like a USB! However, this USB is different -- it cannot be affected by viruses! You can buy a Trezor wallet for around $99.
Unlike online wallets and software wallets, the Trezor and Nano Ledger S are not always connected to the internet. They are only connected to the internet when you plug them into your computer. This makes it much harder for hackers to attack your wallet!

3. SSL Certificates
Whenever you sign up or log in to a website that you buy, sell or store cryptocurrency on, you should always check that the website has an SSL Certificate.

This is the green text that is on the left of the website address. In the image above, you can see that the SSL Certificate says "Secure" -- this means we are on the real LocalBitcoins website.

An SSL certificate is a type of security that is used to keep your information secure. It makes sure that any information that is entered into the website stays private -- this is very important for your safety!

SSL certificates are there to protect your privacy and stop you from using a fake Bitcoin exchange site, and it will keep your Bitcoin wallet safe from hackers. If the website doesn't have an SSL knowing how to buy Bitcoin won't be very useful, as you might lose them.

NOTE:  If you're going to use cryptocurrency website regularly, like LocalBitcoins or Coinbase, you should 'bookmark' the real website with the SSL certificate! This way, you can just click the 'bookmark' when you want to use that website -- you always know it's the real one without needing to check.


Jun 01, 2019, 11:40 am Last Edit: Jun 01, 2019, 11:44 am by Sub5