I started buying Bitcoin a couple years ago on Coinbase. I still have some with them, moved some to Kraken and others on Blockchain. What is the consensus on best place to store? thanks
Where to store Bitcoin?
8 years ago by j-pool (38)
Where to store Bitcoin?
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It depends on what you want to do with them, for short term storage I'd say an online wallet of some sort should be fine if you want to sell it quickly and so on. Or alternatively for medium term storage look at just putting it on your own computer's wallet, for long term storage you could maybe looking at getting a paper wallet set up.
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I usually just keep mine in Coinbase. The only time I keep them in Poloniex (or any trading platform) is if I'm going to trade immediately to another coin. I don't like keeping it in an exchange anymore because of down time and they require a lot more personal info if you want to trade higher amounts.
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I am also curious. I have ETH and LTC on coinbase currently.
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