How to Store Bitcoin

Bitcoin wallets store and protect the public and private keys, allowing you to send, receive, and store bitcoin. Bitcoin wallets can come in the form of software or hardware devices.

Bitcoin wallets hold a user's keys, allowing them to sign transactions on the Bitcoin blockchain. Wallets also allow users to receive bitcoin and store it securely.

A cold storage wallet has keys that never touch an internet-connected computer. Cold storage offers superior security at the cost of lower convenience.

Depositing funds in a traditional bank account and storing bitcoin with a custodian are not equivalent. Banks have greater physical access to your funds than bitcoin custodians do to your bitcoin.