Bitcoin makes history by crossing the 20K mark and reaching a new all-time high. This price barrier is a major turning point for the currency clearing the path for an imminent bull run.
To all the skeptics and non-believers, Your Loss...
Some resources for all the bitcoiners who have or are looking to get started with bitcoin,
Store and Use Bitcoin--Wallets
- Hardware: Trezor, Ledger*
- Paper**: bitcoinpaperwallet.com, walletgenerator.net
- Desktop: Electrum, Exodus
- Mobile: MyCelium
Check Bitcoin Transaction Status
- blockchain.com/explorer
- btc.com
Buy/Sell Bitcoin--Exchanges
- USA: Kraken, Coinbase
- Europe: Bitstamp, Bitpanda
- India: WazirX
- Global: Binance
- P2P: LocalBitcoins, Paxful
Accept Bitcoin Payments--Payment Processors
- Blockonomics
- BTCPay Server
- Coin Payments
Some tips on how to keep your Bitcoin Secure:
#1 Use Hardware Wallet: Hardware Wallets are considered the safest solution to store your bitcoin. Your private Keys stay offline so the chances of a hacker stealing your bitcoin are relatively low.
#2 Never Store your Bitcoin on Exchanges: Most of the major Bitcoin hacks have always taken place at an exchange. Such platforms are always a high target for cybercriminals thus storing your bitcoin/crypto there is not a good idea.
Always withdraw your assets once the trade is made and store them in your personal wallet(s).
#3 Use separate wallets for daily use and savings: It is always wise to keep your daily use bitcoin and savings in separate wallets.
If you are using bitcoin for daily transactions your wallet will spend a much higher time online, which increases its risk of getting hacked. Only keep a small amount in such wallets.
Keeping your extra bitcoin separate protects it at such events.
#4 Keep Backup: If anything to your device or wallet, the only to recover your funds is through a backup so make sure you have one.
#5 Store your Private Keys/Wallet Seed Offline and Never Share them: Make sure that your private keys are securely stored offline. This is the most secure way to protect your wallet from hackers.
The same goes for your Wallet Seed. Never store your wallet seed online, in case of a cyber-attack you risk exposing your seed to the hacker if they are stored online.
#6 Never click links or send your bitcoin to unsolicited schemes: If the recent Twitter hack has taught us anything it's that we should never send bitcoin to 'quick-rich' or similar sensational schemes no matter the source.
Always verify the source and get more information before sending your bitcoin.
\Ledger wallets have recently been subject to multiple phishing attacks, please be careful with your wallet seed when using Ledger.*
Source: Bitcoin & Security: How to keep your BTC Secure
EDIT:
\* Even though paper wallets are a relatively safe solution, they do carry some* risks that users should be aware of.
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