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RE: My New Crypto Wallet Fun and Disturbing

in #cryptocurrency7 years ago

ah! a wallet to keep off your computer - now I understand.

I keep an exodus wallet on my computer.

(If I can use it anyone can - just a download. Anonymous - for now) to stock up on lite coin. In effect it is my bank - more secure than keeping in an online exchange.

Easy to use (I used it to transfer to bx first time - before doing directly.)

The BX thingy is very quick, isn't it?

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Yes - I love it. Best part of my day now!

Why do you use it on the computer?

I wanted to save up some litecoin - and didn't want to leave on an exchange (in case they disappear overnight)

This way its more secure

So can you freely send it back and forth?

I have sent it to bx so far.

And I also bought $11 worth of 'clear coin' token ico's with it. ( a gamble)

So yes.
(I see no reason why you couldn't send it anywhere else. If block trades sends it there, they can receive it to)

Oh Ok - that is interesting.

I'm not comfortable leaving my money on an exchange, is all.

....Just make sure your computer isn't stolen! lol. It is literally your bank !

(although from how I understand it, if you have all your information written down - security details etc. -hard copy - you can retrieve your account if that does happen. As I understand it anyway)

I'm really going to have to look into this more I guess. Don't leave another comment here. We are dug in deep!