News about Cold Storage

by COINS NEWS - 1 year ago

Are cold storage wallets the way to go?

I got into stocks/crypto casually like 2 years ago and recently started to invest monthly into crypto. What's been on my mind recently is crypto wallets. I do all of my trading through Revolut but looking at how things are around the world right...

More / Bitcoin Reddit - 1 year ago

Question about moving BTC to cold storage

Is there a reason to split a cold storage of 0.2 BTC between two addresses, each with a different seed-derived address? Would this be an effective measure against the unlikely event of one address being compromised? Or would it simply increase transa...

More / Bitcoin Reddit - 1 year ago

I'm Afraid to Take BTC to a Cold Storage

I'm into crypto since 2016 but never moved crypto from exhcnages. Reasons are: I don't know how to do that. It sounds too complicated to me. Also, I'm afraid to lost my BTC. When I try to withdraw it to a cold storage and BTC "stuck&...

by COINS NEWS - 1 year ago

Best cold storage?

Hey, so I’m guessing this has been discussed to death already, but what are peoples opinions on the best cold storage? Like I’ve only really heard of a couple of brands (such as ledger and trezor), but I guess that there’s probably so many out there....

More / Bitcoin Reddit - 1 year ago

First withdrawals on Cold storage

Hello folks, I have a doubt. I've finally set up my cold wallet and I'm withdrawing from exchanges. What I'm not sure about is the Fee applied. I'm using Kraken where the BTC Withdrawal fee is fixed, but on my Trezor suit I see...

More / Bitcoin Reddit - 1 year ago

Hard wallet/ cold storage

I’m struggling to decide what kind of hardware wallet/ cold storage to buy for my Bitcoin I’d like to have a Bitcoin only wallet since most places say they are more secure. Any advice is welcome! submitted by /u/douglashoward1 [link]...

More / Bitcoin Reddit - 1 year ago

Difference Between Cold Storage and "No Storage"?

This is probably a dumb question but... If you move Bitcoin to a cold storage wallet then I understand that it is not on your computer anymore and that this is more secure as you can't get hacked unless somebody gets the cold storage drive and kn...

More / Etherum Reddit - 1 year ago

Cold Storage HELP!

I bought my ETH on Coinbase and I want to move it into cold storage. Can you please recommend the best device? Also, what’s the best software interface to use with this device? Do I need to know anything else? THANK YOU! submitted by /u...

by COINS NEWS - 1 year ago

PSA: If anyone is trying to get their money out of Binance DO NOT withdrawal as a BEP2/20 token - withdrawal to the native chain. That is a centralized wrapped token controlled by Binance. Withdrawing a BEP2/20 token to cold storage is the same as keeping

With recent concerns about Binance and everyone talking about withdrawing to cold storage/hot wallet - I thought it was important to make sure everyone is aware of the difference between withdrawing in a native chain verse a Binance-wrapped token. B...