how add security to our bitcoin ?

[Dorodha]

Coinbase is a much better wallet for securing bitcoin users use this wallet more than other crypto wallets. Hardware wallets are much better but more expensive than coinbase. If you do not share the private key of your wallet with anyone the chances of being hacked are much less. With the use of coinbase wallet, you can do many things with Bitcoin such as you can pay online with Bitcoin and with Bitcoin you can take mobile recharge, you can also use your earned bitcoin money to develop.

[AniviaBtc]

If you're smart enough to use a computer, you're probably smart enough to learn how to have self custody over your funds and properly secure them: https://NotYourKeys.org

But not all people are willing to learn to secure their funds so don't expect that if they know how to use a computer, they are already knowledgeable about securing their assets.

That's the reason why they are asking us how to secure our coins. The thing that I do is that I use both hardware and software wallets to store my coins so that I can manage and control my coins more compared to using only one platform. By that, I'm more comfortable on accessing my coins because I keep them safe by valuing and maximizing the use of hardware wallets.

[rijaljun]

Don't trust any wallets that won't allow you to save your own seed or give your private key. Try investing to some devices like Ledger and Trezor for the safety of your Bitcoins. That's I think the highest security you can do on your Bitcoins.

[cheezcarls]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

I would suggest that you should take it out of Coinbase and deposit them instead in a more-decentralized trustless Bitcoin wallet like Trust Wallet, Blockchain Wallet, or buying a Ledger Nano S. As the old man said, “Not your keys, not your coins”.

If you want them to be more secured than ever, you should keep your Bitcoin where you control the private key or mnemonic phrase.

[pinggoki]

I am using coinbase long time ago and yet I am entrusted so much with the coinbase because there is a 2fa that may helps us to protect and secured our wallet and bitcoins in coinbase, but it also be better if you will just try to used the Electrum wallet in which it is more secured *in my own opinion*, but it is your choice on what wallet you will put your bitcoin.

[coolcoinz]

I am using coinbase long time ago and yet I am entrusted so much with the coinbase because there is a 2fa that may helps us to protect and secured our wallet and bitcoins in coinbase, but it also be better if you will just try to used the Electrum wallet in which it is more secured *in my own opinion*, but it is your choice on what wallet you will put your bitcoin.

2fa can provide decent security but every security system is designed to protect certain value. If you go to a store with safes, you'll see that each of them has security rating. The toughest ones to crack will be the most expensive so you will not want to buy a 10k USD safe to store 10k in it, because it's counterproductive.
The security that coinbase provides is fine for up to maybe 1 BTC, but if you have 20, don't hold it on Coinbase. Get a hardware wallet.

[fiulpro]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

I do believe that you already got a lot of good replies but at the same time I do believe that you have to actually consider taking care of the personal security too, which usually includes the mobile and cyber security. If your mobile is bugged you won't be able to do anything about it. Yes the coinbase is a good platform and I do believe that you can move to other amazing wallets too , but for the while you have to be aware of the fact that :

You have to refrain from weird sites or download any content from the internet

Use only trusted sources

Make sure and don't tell anyone about your wallet or keys
Etc..

Personal security is as important as choosing any wallet therefore be careful about it too.

[Asuspawer09]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

Using a custodial wallet like coinbase is not the best wallet when it comes to security since they are not decentralized they could pretty much do anything to your investment, Just like what you said they could block your account or freeze your account at any moment.

If you really want to secure your bitcoin you should first choose a wallet that offers a private key to it like for example Electrum, Mycelium, etc. and then from that, you could use another layer of security to secure your wallet like hardware, 2FA authentication, etc.

Electrum:
https://bitcointalk.org/index.php?topic=5240594.0

[bounceback]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

Coinbase is good wallet for saving your money and always have notification and email confirmation if your device log in different from last access to your account, don't worry with your assets in coinbase because I ever hold more than two years bitcoin in coinbase keep safety until last week I withdraw to exchange binance wallet, but you should use email confirmation if have different device when log in to your coinbase account and activate with mobile phone number when you try to log in to coinbase.

[finaleshot2016]

If you are using platforms such as coinbase, I suggest keeping your device safe first because if you add any extensions like 2fa for additional security, you can't do anything once breached. Coinbase is a good platform for saving BTC and has a lot of users. If you don't have a lot of bitcoin then I think it's enough but if you have a lot of bitcoin then consider buying trezor hardware wallet, it's much more secured since you're the one holding it.

and btw, I'm using electrum for 2 years, nothing unusual happened to my wallet and of course, I keeping my computer a malware-free device.

[MFahad]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

That depends upon how much bitcoins do you have on coinbase ? Since you mentioned that you are new to bitcoin, you would probably have few satoshi or  500-1000$ worth of bitcoins. If that is the case, you can keep them on coinbase. Once you have a bigger portfolio, it will be better to move the coins to desktop wallet and avoid storing your coins on online wallets where you have no access to private keys.

[hahay]

Such worries are normal, but the best security is having a lot of confidence in yourself when holding bitcoin. Because with you having high self-confidence, at least you will be careful in doing anything related to your bitcoin, so anonymously or not when you are careful and don't act carelessly I think it will be fine. Basically storing money on an exchange is always risky, so to make it more secure you can use a wallet with controls such as private key access or hardware wallet if needed. But I guess it depends on how much you invest, because if it's a big amount then of course you need a wallet to use as storage and not in an exchange.

[jerrison]

When you talk about security, I am considering the levels of security to avoid account compromise. For this reason, two level security is always a feature in modern exchanges as it creates a security layer that can not be breached easily just incase their passwords gets compromised, their funds should still be safe.

[taufik0911]

what I know is you can't add special security for your bitcoin on Coinbase but you can use 2fa and mobile verification but in my opinion it's safer if you store your bitcoins in your own personal wallet, not the wallet of an exchanger

[Question123]

If you have doubt to this wallet you should try another wallet than you can try but I tried before this wallet and It is a good wallet and I did not experienced any trouble to that wallet. But suddenly I used only my country wallet now because I feel safe so I store my bitcoin there. Hackers are there anytime they attacks us so we need to secure our wallet by having strong password and also enabling a 2fa for so for every transaction you made just like in my wallet that I use when you send a coin it will need code before it process.

[jerry0]

Isn't coinbase and binance probably the best two exchanges if you want to keep coins there?

[taufik123]

Isn't coinbase and binance probably the best two exchanges if you want to keep coins there?

Coinbase and Binance are indeed the best exchanges.  But even so, don't entrust all your assets to an exchange, because you don't have full control.  We recommend that you use a hardwarewallet or other personal wallet which is more secure and has complete control.  Asset security depends on how we can maintain the privacy of our keys, not to be exposed to malware or lost, because the private key is the main key to creating your assets.

[n0ne]

Isn't coinbase and binance probably the best two exchanges if you want to keep coins there?

Both are reputed exchange service providers of the cryptomarket. For the same they can't be completed relied of holding our funds securely. The exchanges won't let our funds go away, but we can't claim if something happens. As we've already agreed to the TOS of their service it is like they don't have any responsibility for our funds.

These service providers never let the reputation get destroyed. For this, they'll work hard in holding user funds securely. Even in a recent hack on Binance, the team recovered the fund and for funds lost from users wallet were settled from their own reserve.

[Sithara007]

Hello,

i don't know bitcoin very well but i have money in btc on coinbase. I am not sure have money on coinbase is very secure. What do you think about it ? Is there a way for have bitcoin with security because i scared coinbase block my account or give information on how much money i have on it, i think it is not very anonymous

The problem in keeping the coins with third party service providers such as Coinbase is that they can freeze your coins without any warning and then ask KYC documents in order to get back the access. As such there is no need to store coins in third party wallets. You can easily set up a desktop lite wallet or an online wallet and store your coins. It is going to be as secure as a Coinbase wallet. Just remember to take the basic security precautions, such as email confirmation and 2FA.

[AicecreaME]

The security of your Bitcoin entirely depends on the wallet you're going to have, and an exchange wallet is not that worthy of your Bitcoin security. Exchanges are always prone to hacking, unlike using hardware wallets like ledger or trezor, I suggest investing to these wallets if you have extra money to secure your Bitcoin. The next thing of course about security of your Bitcoin depends on you too. For example you already bought a hardware wallet but carelessly gave your private key to someone else, then you just lost your Bitcoin.

In short, the security of your Bitcoin will depends on your knowledge on how to properly store it and guard it. I hope this opinion of mine helps you a little bit.