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is there any wallet i should use? I would like to start using bitcoins
Best wallet to use
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www.blockchain.info is the easiest and doesn't require much time to set up, good luck.
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I might be the odd man out here but if you really plan on keeping a sizable amount of BTC in a wallet, I most definitely wouldn't leave it on any exchange or simple web wallet.
If you have less than 5, I would go with Electrum desktop with a 2 factor auth set up, encrypted with a paraphrase. Just make sure to keep the seed memoric stored in a safe, and preferably none online spot(i.e...Email/Notepad on your computer). This will allow you to protect your coins and give you 100% access to the private key instead of trusting a 3rd party exchange with them, even if Coin-base is backed by FDIC Government backing up to $250,000 per account holder...I still wouldn't keep my coins there due to severe outages at peak highs and also in-case of hacks on the exchange itself.
If you have over 10, I would get a hardware wallet such as Ledger Nano S, which will run you about $50-100 but will protect you to the highest standard of security on your transactions. You will be able to rest easy knowing that your coins are protected from any sort of threat and that your private key is in your own hands instead of another parties. It's a simple plug and play set-up that is probably the safest way of holding any crypto on the market currently.
If you don't care to much about security or losing your coins, then by all means...keep it on the exchanges as the chances that they will be lost is slim, but still isn't outside of the world of possibilities. It has happened, and in the world of Crypto there is nothing more important than keeping your Crypto Coins safe from thieving hands!
Good-luck, and have fun with your BTC adventures.
If you have less than 5, I would go with Electrum desktop with a 2 factor auth set up, encrypted with a paraphrase. Just make sure to keep the seed memoric stored in a safe, and preferably none online spot(i.e...Email/Notepad on your computer). This will allow you to protect your coins and give you 100% access to the private key instead of trusting a 3rd party exchange with them, even if Coin-base is backed by FDIC Government backing up to $250,000 per account holder...I still wouldn't keep my coins there due to severe outages at peak highs and also in-case of hacks on the exchange itself.
If you have over 10, I would get a hardware wallet such as Ledger Nano S, which will run you about $50-100 but will protect you to the highest standard of security on your transactions. You will be able to rest easy knowing that your coins are protected from any sort of threat and that your private key is in your own hands instead of another parties. It's a simple plug and play set-up that is probably the safest way of holding any crypto on the market currently.
If you don't care to much about security or losing your coins, then by all means...keep it on the exchanges as the chances that they will be lost is slim, but still isn't outside of the world of possibilities. It has happened, and in the world of Crypto there is nothing more important than keeping your Crypto Coins safe from thieving hands!
Good-luck, and have fun with your BTC adventures.
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