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https://powerupstartup890.weebly.com/boyhood-movie-download-torrent-720p.html. Congratulations! You now own some Bitcoin. Now you need to decide where you're going to store it. There are three options:
1) Keep it on the exchange.
This is the easiest option, and pretty safe (as long as you enable 2-factor authentication). But exchanges have been hacked before, and many people simply prefer having their coins under their own control.
2) A desktop/web wallet.
There are plenty of wallets out there, for desktop and mobile, and a full list of Litecoin approved wallets can be found in the 'download' section of their official site.
Storing your coins in a wallet on your computer is as safe as you make it- if you lose or forget your password you can lock your coins away forever, or if your computer is hacked and security compromised you can be vulnerable to having your coins stolen. So, choose this option only if you're confident you have good security practices and are sufficiently technically minded.
3) A hardware wallet.
We all hear of computers and phones being hacked. Websites running illicit code to steal passwords. Phishers tricking people into clicking links that steal information from their computers.
Another line of defence to keep our coins from being siphoned out of our wallets is essential.
And that's a hardware wallet.
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Hardware wallets plug into your computer like a USB stick, and they have one job- to be a firewall between your Bitcoin and the outside world.
To do this, they encrypt the private keys to your cryptocurrency wallets so that no-one- not even you- can know them. That way only someone with physical access to your hardware wallet- and who also knows its password- has a chance to access and move your coins.
Hardware wallets made by Ledger and Trezor support the storage and sending of Bitcoin.
Where do I get a hardware wallet?
Our recommendation is to either get a Ledger Nano S from their official website or Amazon, or a Trezor from their official site or Amazon.
The Nano S makes it easy to manage your coins- it's compact and discreet, and wallet management is achieved through a small LCD screen and two buttons.
The Trezor is just as easy to use, small and also featuring two buttons, with a lot of information packed into its small LCD screen.
Christine Lakin
Here's the Ledger setup guide, and the Trezor user manual.