Leonidas.Kalika
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 23
Joined: Sun Jul 30, 2017 10:41 pm

Exodus vs Coinbase ?

Tue Aug 01, 2017 5:38 pm

Hello,

What is the safer place to keep your cryptocurrency cash ?

Should I keep it online on Coinbase or transfer the funds to Exodus wallet ?

And what do you think of "Ledger Nano S" as Cryptocurrency hardware wallet ? Is that the way to go ? I am scared that it stops working and that I loose my money.

Thanks for your help and advice,
Leonidas

tosmartak
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Joined: Tue Aug 01, 2017 6:31 pm

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Re: Exodus vs Coinbase ?

Tue Aug 01, 2017 6:52 pm

The safest place to ever keep your asset is the wallet that gives you control of your private keys. Please note that private keys are not to be toyed with cause in the hands of the wrong person, your funds are gone forever.
That being said, between coinbase and exodus, I will choose exodus anytime anyday. Exodus is a desktop wallet which gives you access to your priv keys and it has a very good interface as well.
Every wallet has its own pros and cons depending on what you are looking for in a wallet but for safety, go for exodus. Now, exodus does not guarantee you total safety, as your funds are as safe as the PC you are using them on, so I will advise if you have lots of asset that you will be keeping for a long time, then try Ledger Nano.
Ledger Nano is a smartcard based Bitcoin hardware wallet which is very safe and gives you maximum security compared to desktop wallet. It cannot stop working and you cannot loose your money. It also gives you an access to your private key anyway, so you have nothing to worry about. You may also want to give Trezor, another great hardware wallet a try.
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