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Some tips for privacy and security

Bitcoin Reddit

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This is a super simple workflow for a beginner that want to buy Bitcoin with attention to privacy and security that it would have been very useful to me to know from the start:

  1. Buy Bitcoin on Relai (no KYC) just send your fiat money with a bank transfer. Relai is also a non-custodial wallet, you have your keys (keep them safe like every private key of every wallets)

if you already have some experience: you can buy your Bitcoin with the the peer-to-peer Bisq

  1. send them to another address created with Wasabi Wallet for making a CoinJoin

if you already have some experience: you can try to study and use JoinMarket

  1. send them to another address and use Wasabi + hardware wallet

best hardware wallet for a cold storage: Coldcard with no doubt but you can also use a Ledger Nano S for this combination with Wasabi (without using Ledger Live for creating your Bitcoin account, use it just for updating your Ledger Nano S)

A full node, a VPN, a Password Manager and a Security key are additional layers of security and privacy, my suggestions are:

Bitcoin/LN Full node: RaspiBlitz

VPN: Mullvad

Password Manager: Bitwarden

Security key for U2F: SoloKey v2 (open source)

Keep in mind: you’re the only person responsible for your bitcoins, study before doing things and then hold them safe.

Cheers

submitted by /u/Grimknuckle
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