News about Cold Storage

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...

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...

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...

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...

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...

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...

by COINS NEWS - 1 year ago

How many of you actually back up on a cold storage wallet?

Right off the bat, I have to say, I have been in this for a year, and still consider myself to be very much a noob still - so please forgive this if it’s “below your level” but I feel it could offer some macro insights into how many people actually t...

More / Bitcoin Reddit - 1 year ago

I need some help with cold storage!

Hi everyone! I plan to set up a cold storage wallet and I would like to hear your opinion if described method is safe enough. I have an old phone which I would use to download blue wallet, disconnect it from Wi-Fi, turn of my Wi-Fi router, generate...

More / Bitcoin Reddit - 1 year ago

Reminder: Cold Storage

As we continue through these uncertain global markets, take the time to move your assets to cold storage. If a multi-generational bank can be put on the brink of insolvency in a 15-20% index declines, so can your crypto exchange. I only moved mine re...

More / Bitcoin Reddit - 1 year ago

Bitcoin Core cold storage?

Does anyone else use Bitcoin Core as cold storage by disconnecting from internet, creating wallet, creating receive address, close the wallet and then either encrypt the wallet.dat or cut from Core and paste onto external usb, then remove usb and rec...

by COINS NEWS - 1 year ago

Get a cold storage wallet

I’ve seen the trouble centralized exchanges can cause. I was using Celsius for a year and half and luckily removed my money 1 month before the halted withdrawls. I see countless posts about people getting their crypto frozen on Coinbase. Asking for r...