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Article: Choosing your withdrawal wallet

Not all wallets are created equal. Here’s how to pick the right one to store your Bitcoin safely.

Updated today

Content:

🎯 What’s a Bitcoin Wallet?
A Bitcoin wallet stores your private keys—the secret that proves your Bitcoin belongs to you. If you control the keys, you control the coins.


💼 Wallet Types

  1. Mobile Wallets (Great for Daily Use)

    • Easy to install and use

    • You hold your own keys

    • Recommended: BlueWallet, Phoenix

  2. Desktop Wallets (More Features & Control)

    • Install on your computer

    • Ideal for managing larger balances

    • Recommended: Sparrow Wallet

  3. Hardware Wallets (Most Secure for Long-Term)

    • Offline, physical devices

    • Ideal for large savings or long-term storage

    • Recommended: Coldcard, Ledger, Trezor


🚫 Avoid These

  • Wallets where someone else holds your keys (like exchanges)

  • Web wallets without 2FA

  • Any wallet someone else set up for you


🛡️ Extra Tips

  • Write down and safely store your seed phrase (backup)

  • Never share your wallet or seed phrase with anyone

  • Always test a small withdrawal before sending large amounts


Questions about wallets?
We’re happy to help!

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