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Alt 03.05.2018, 20:07
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Standart Always Keep Your Coins In Wallets





While exchanges are a wonderful area to purchase digital currencies, they will not be the best place to maintain such assets.

"Don't store coins with an exchange," emphasized Eliosoff. "In Bitcoin's short history many, many exchanges have gotten hacked," he noted.

"It's fine to buy with an exchange like Coinbase, then again move your coins into a web based wallet like https://blockchain.info/wallet/, a mobile wallet like Jaxx or Coinomi, or create a paper wallet - all free and pretty easy," said Eliosoff.

Investors will take further action to manage risk through the use of both hot wallets (online) and cold wallets (offline), emphasized Matthew Unger, founder and CEO of iComply Investor Services inc.

"Just like you keep some coinage in your wallet, some with your bank account as well as perhaps the really valuable stuff in the safe, you need to manage digital currencies in a similar manner," he stated.
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