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RE: "Child Pays for Parent" on Electrum with Ledger Nano S

in #bitcoin8 years ago

Yeah, BitFinex no longer serves US Customers. They announced that a while ago and I got all my stuff out of there. Unfortunately, I also panic bought EOS at a high price. Heheh.

Always check the details of an exchange before using it.

Good luck on your journey of learning. I'm not a fan of Ripple. Seems like a centralized banker coin to me. Good luck.

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So I can put my BTC& LTC in my Coinbase right ? but what wallet would you recomend for Altcoins in general ?
Yea it's a journey but its the future and I have to prepare , I have a & month old and a 7 year old so I need to have some sort of foundation set for them because I am confident that Crypto is going to be the only currency for there adulthood .
Thanks for your response and honesty included in your advice , some tell you what you want to here an ask for a follow and a upvote !! If you got a wallet you know of or a fellow steemian that does I would appreciate the guidance ..
Thanks again @lukestokes

Which altcoins do you mean? The Ledger Nano S works for many of them. There's also Exodus, which I haven't had any problems with. For fancy stuff like Neo or Byteball Bytes, just use their native wallets.

Ripple and Dodgecoin LTC and BTC . I am familiar with the Leger Nano S , do you think that is my best bet compared to an online wallet is a hardware wallet ? They are most secure I have read , i just haven't decided to order one yet . I seen them for $80 on Amazon. I just don't know how how the work compared ;lets say a coinbase or changelly , or if its more practical to use those if you moving a lot of coin around ? Thanks for helping me out bro I really been trying to get all my coins in order and safe and secure , its stressing me out !

If you don't control the private key, you don't control the cryptocurrency. More on that here. Changelly is an exchange, not a wallet, right? Yeah, I'd say either paper wallet or hardware wallet is the best way to store your cryptocurrency. More info here: http://understandingblockchainfreedom.com