Buy bitcoin in India is getting a lot easier from 2 years back. When hardly people know about the digital currency. The demand of Bitcoin is increasing every day with lot new users joining the bitcoin exchange and searching for the best bitcoin exchange in India.
In this situation the danger of illegal activities and theft like hacking which was help a few months back where the hackers asked for the Bitcoin as Ransome also increase
To get safe from these unwanted acts. You need to know some safety measures. To store your bitcoin and get the best bitcoin rate in the market when you sell bitcoin in India. Firstly store them to the safe place. Now, this safe places are bitcoin wallets.
When you buy bitcoin in India from any bitcoin exchange in India store them into a hot or cold wallet. The safest Bitcoin wallet to store bitcoins is a paper wallet. How can you make sure your bitcoin wallet is safe?
1. Take cold Wallets: Cold wallets are the offline wallets. They are the safe wallet because they are not in network most of the time. Keep control over your private key.
2. Encrypt: Always keep your wallets encrypted with a strong password. This way hackers get comparatively fewer chances to stole your bitcoin.
3. MultiSig: Multisig is the option where the 2 or more than two signatures are needed to spend bitcoin. This multi-signature transaction increases the security of you Bitcoin wallet.
In this situation the danger of illegal activities and theft like hacking which was help a few months back where the hackers asked for the Bitcoin as Ransome also increase
To get safe from these unwanted acts. You need to know some safety measures. To store your bitcoin and get the best bitcoin rate in the market when you sell bitcoin in India. Firstly store them to the safe place. Now, this safe places are bitcoin wallets.
When you buy bitcoin in India from any bitcoin exchange in India store them into a hot or cold wallet. The safest Bitcoin wallet to store bitcoins is a paper wallet. How can you make sure your bitcoin wallet is safe?
1. Take cold Wallets: Cold wallets are the offline wallets. They are the safe wallet because they are not in network most of the time. Keep control over your private key.
2. Encrypt: Always keep your wallets encrypted with a strong password. This way hackers get comparatively fewer chances to stole your bitcoin.
3. MultiSig: Multisig is the option where the 2 or more than two signatures are needed to spend bitcoin. This multi-signature transaction increases the security of you Bitcoin wallet.
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