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wond001

Safety of cryptowallets - 16 views

started by wond001 on 27 Jul 21
  • wond001
     
    Can you tell me, is it safe to use crypto wallets? I'm scared to trust all my crypto to some unknown app
  • hauptbahnhof
     
    You need to find a good crypto wallet used by many people, so you wouldn't have to worry. There are scams, so you have to be careful. But in general, I'm sure you'll manage to do that.
  • frankopalazzo
     
    A crypto wallet is just a software program for you to store your crypto, even though cryptocurrency doesn't have a physical shape. Crypto wallets make it easy for traders to send and receive cryptocurrency. As for safety, it really depends on the program you're using, because it's 100% safe to store your crypto there https://www.bitcoinharvestltd.com/bitcoin-wallet/ , for example, and a total waste of crypto to try to store it on websites that are not trustworthy.
  • myrocknrolla
     
    Cryptocurrency wallets are necessary for traders, but I believe that it's better to find a reliable trading platform first. I'll think about crypto wallets once I start trading, but I still can't choose a trading app. Do you know anything about BitQL? I consider using it since it seems like a trustworthy app, but I'm not sure.
  • morrinsot
     
    Usually all popular applications are safe. In general all crypto transactions are safe. Personally I never had some problems with this. Just check reviews from people and experts. Also pay attention on good exchange platforms.
  • insimter
     
    I understand your concern, but in my opinion you shouldn't worry about this. If you will choose good proven application, you won't have any problems. I have been working with cryptocurrency for a long time and I used several wallets to store Bitcoin, Litecoin and Ethereum. By the way if you are interested in different exchange operations like bnb to btc, eth to btc, usdt to eth and so on, here on Changelly you can do all of them!
  • anthonymorgan1
     
    Maybe you need more than a simple wallet? I use the Bitcoin Champion app for trading. Registration is free here, you only need to make a €250 deposit, which will go to your account. Moreover, there is a demo version, you can try it without money. By the way, the withdrawal of money is very fast. I think this is ideal for beginners and beyond.

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