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I've seen some posts around here recently about people wanting to take custody of their own coins. THIS IS AWESOME. Good job. I've also seen quite a few people delaying this action because they are either unsure of which hardware wallet they want, don't have the funds to get a hardware wallet they want yet, are waiting to receive their hardware wallet in the mail, etc.

There is NO reason you need a hardware wallet to take your coins into your own custody. There is NO reason to delay such action. If they are available to withdraw. Withdraw them. They are A LOT more secure in your custody than someone else's. It doesn't HAVE to be a hardware wallet. Put them in a reputable software wallet until a time you can afford or receive the hardware wallet you want.

Don't delay, take custody of your coins TODAY!

Reputable Wallets: https://bitcoin.org/en/choose-your-wallet

There are many more and the community here is more than happy to help and recommend other free options, but as always DYOR.

Edit: I want to make this really easy for anyone. There are no dumb questions and I will help anyone that has questions and is unsure. I also wanted to add that it's best practice to send a test transaction of a small amount and make sure it goes through before sending large sums of Bitcoin to and from addresses.

Another good point brought up in the comments is that I personally don't even have a hardware wallet. I keep my stack of Bitcoin in a wallet whose seed is stamped on a steel plate in my safe. I only ever send BTC to that wallet, never from that wallet. I can always grab the seed out the safe, restore a wallet on some old hardware I have (old phone) and broadcast a tx if I really need to send from it. I have a smaller amount, I'm okay with losing, in a hot wallet on my phone for spending. That is of course still backed up but it's a separate wallet, more public knowledge of addresses and identity.

I hope this helps. Please ask questions.

submitted by /u/OceanSlim
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