If you’re entering the world of cryptocurrency, there is one major thing you need to brush up on. It isn’t your trading skills (though that can help). No, it is your security. Bitcoin, Ethereum, and other cryptocurrencies are kept in wallets, just like your regular cash. Except these are digital wallets, stored on your computer. There are different type of wallets, used at different times. Sensible people keep their Bitcoin offline, in a cold storage wallet. But how does this increase security, and what are your options? What Are Cryptocurrency Wallets? First off, let’s establish what cryptocurrency wallets are. Wallets…
Read the full article: Why You Should Keep Your Bitcoin in Cold Storage
