How to secure my bitcoins !

in #bitcoin7 years ago

WALLET APPLICATIONS
PAPER WALLET
HARDWARE WALLET
Wallet Applications
There are multiple wallet applications you can use to secure your Bitcoin. We provide steps for Electrum and Mycelium, but they are largely consistent across other wallets.

Electrum
Download Electrum
Electrum is arguably the best lightweight Bitcoin wallet available. To get started, download and install Electrum, and carefully note down the mnemonic seed generated by it. This seed is used as the root of your private keys, and can be used to recover your bitcoin in case your Electrum install, harddrive, or computer are destroyed.

Transfer any bitcoin from an exchange or online wallet to an address provided to you by Electrum. This must be done prior to August 1st, 2017 to allow you to work on both sides of the fork.

To export your private keys, simply go to Wallet->Private Keys->Export in the menu options. You must never share the output of this with anybody, as they will be able to access any bitcoin at any of the addresses in your Electrum wallet immediately.

Mycelium
Download Mycelium
Mycelium is one of the most stable Android and iOS wallets available. To get started, download and install Mycelium, and carefully note down the mnemonic seed generated by it. This seed is used as the root of your private keys, and can be used to recover your bitcoin in case your Mycelium install, harddrive, or computer are destroyed.

Transfer any bitcoin from an exchange or online wallet to an address provided to you by Mycelium. This must be done prior to August 1st, 2017 to allow you to work on both sides of the fork.

To export your private keys, simply go to Accounts, then select your HD Account and select "Export" from the menu options. You must never share the output of this with anybody, as they will be able to access any bitcoin at any of the addresses in your Mycelium wallet immediately.

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I use Exodus wallet, the localbitcoins wallet, Coinbase and my paper wallet that I generate here: https://www.bitaddress.org
And you?

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