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RE: One of oldest Bitcoin Exchanges Down for half a day. Reminder - Do not Keep Coins on Exchanges

in #bitcoin • 7 years ago

Really good advice. Coins on an exchange are not yours. Period.

This is especially relevant with the coming chaos on August 1st. Regardless of what happens, keeping your coins in your own wallet ensures you have control on whatever new chains come about.

I recommend Breadwallet for casual users who have some Bitcoin on an exchange and haven’t used a Bitcoin wallet before.

See my post below for information on Breadwallet and what to do come August 1st.

Chaos is Coming; a Praise of Breadwallet: keep control over your coins, follow the chain of your choosing.

7 years ago in #bitcoin by
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     7 years ago 

    @KYLE.ANDERSON I'd rather recommand a cold wallet as EXODUS or JAFF !

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     7 years ago 

    Neither are “cold wallets”. Also both are not fully open source. A critical problem and complete dealbreaker for me.

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