How To Save and Protect Your Bitcoins

How To Save and Protect Your Bitcoins

Like all financial assets, cryptocurrencies need to be safely saved and protected. Cryptocurrency in its current state is largely a movement against the traditional banking system. However, this doesn't mean you can't use the platform to store value long-term, and recently, even to earn interest on your savings mimicking the nature of fiat bank accounts. For security and practicality reasons, it is recommendable when storing considerable forms of cryptocurrency to keep them in separate and more secure locations from the ones you would use for more regular transactions (this is commonly....


Related News

Terra Outlines Emergency Plans To Save LUNA And UST

Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […]

Are Passwords Robust Enough to Protect Your Bitcoins?

In this age of hacks and scandals, are passwords really capable of protecting your bitcoins? Each bitcoin address has a corresponding private key, which enables the owner to spend the bitcoins in it, but this private key also needs protecting. The private key for your public bitcoin address is crucial, because without it, you will lose access to your coins. You can't keep this key in your head, though, because it's a long string of alphanumeric gibberish, which is rather impractical to memorise. Some people protect their bitcoins by storing them in paper wallets, embedding them in a....

Save the Children Senior Advisor: We Chose ADA Because Its Backed by the Card...

In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save the Children’s acceptance of ADA donations was not the first time the non-governmental organization (NGO) had accepted crypto. In fact, Save the Children says it has been accepting donations in cryptocurrency form since 2013. However, some have questioned the wisdom of accepting donations in a form....

Bitcoin Will Save Humanity

It’s our duty to do everything we can to create a better world for future generations. Bitcoin is the main way to protect wealth for our children.

Bitcoin Allows Savings on Student Loans

In an age where college tuition and fees are growing larger than the 50 foot woman, wouldn't it be great if students could save a hefty bunch and not worry as much about the debt they're inducing? Well, now they can... With bitcoin. BTC store Brawker is partnering up with student loan service Tution.io in order to bring about what they're calling tuition gift cards, which can help students save up to 17 percent on their education loans. Brawker sells bitcoins at a markup, and thus students are allowed to sell bitcoins in exchange for a Tuition.io gift card. Cards carry a limit of $500 and....