How to Store Bitcoin
Bitcoin wallets enable you to send, receive, and store bitcoin, but how do they work and what are the best options?
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.
Cold storage wallets isolate bitcoin private keys from the internet. Cold storage offers superior security at the cost of lower convenience.
Learn how to manage Bitcoin's UTXOs to reduce transaction fees, a detailed guide on UTXO management, its impact, and practical tips for every Bitcoin user.
This is a step-by-step guide to help you get started operating a self custody bitcoin mobile wallet.
Bitcoin can be safeguarded as a service by a third party called a custodian. Users also have the option to maintain full control in the process of self-custody.
To protect Bitcoin's private, free nature, many developers are actively working on ways to make chain analysis heuristics obsolete and ensure that Bitcoin users can continue to transact pseudonymously.
Choosing a Bitcoin wallet relies on several factors, including the use cases of each individual user. Hardware wallets are optimized for long term storage while mobile and desktop wallets are best for day-to-day spending.
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.