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Where do you keep your coins???

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So I have entered into the community by buying some bitcoin initially. My BTC are currently in and exchange platform where I initially invested, so a lot of people are telling me to transfer it to a wallet, what is the difference and which is safer? Which do people use to hold BTC long term and to prevent any kind of corruption of BTC? Please help me as I'm yet a beginner and am juts getting started.

submitted by /u/beastcherry73
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