1Yr·

How do you buy your bitcoins?

And where do you store them?

I currently have a savings plan on the $BITC (+2.91%) but this is associated with a lot of fees etc. That's why I'd like to switch.

31 Comments

Pope Donkey XXI@DonkeyInvestor

1Yr

Bison, on a hardware wallet. I have Ledger, but I wouldn't recommend it, although I have also bought from Kraken, Binance, BTC-E, wex.nz and Mt Gox in the past

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View all 11 further answers

Philipp B.@Philipp83

1Yr

Relai

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DerFinanzminister@DerFinanzminister

1Yr

BSDEX

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Laurin@_laurin

1Yr

I regularly buy my shares via Bitvavo and hold them on BitBox02, Bitvavo because of the comparatively low fees and BitBox02 because it is open source.

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Christoph@ChrisBizz

1Yr

Via an open-end certificate from Vontobel: ISIN DE000VX1BTC7. This is of course associated with a few disadvantages (e.g. issuer risk, tax, no "real" Bitcoin, ....), but for me it is the easiest way to participate in the performance.

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Dani@Danibanani

1Yr

Honestly, Ledger is absolutely TOP. Scandals..., everything is unnecessarily pushed into the negative. If you don't want the seed phrase recovery option, you can continue to use your ledger as usual and nothing will be transmitted. I think every hardware wallet manufacturer can program this option! @DonkeyInvestor @Joris

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Pope Donkey XXI@DonkeyInvestor

1Yr

@Danibanani Apart from the fact that this was not the only scandal, you have probably not understood the reason. There are AirGapped wallets, for example, that cannot receive an update and are certainly not forced to receive an update. So the function cannot be added later.

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six@six

1Yr

Bison + Ledger Nano X

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Evcharista 🇨.@Evcharista

1Yr

Purchase via Relai, then Ledger

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Das Portfoliopferd@Portfoliopferd

1Yr

Kraken + Ledger

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SGP@Koenigmidas

1Yr

Bison, Bitvavo, nexo

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Joris@Joris

1Yr

@Koenigmidas hi, is it safe to leave the purchased coins on Bitvavo?

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SGP@Koenigmidas

1Yr

@Joris Actually, you should never leave your coins on an exchange. I only find flex staking attractive there

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Joris@Joris

1Yr

@Koenigmidas ok thanks. Which crypto are you staking?

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SGP@Koenigmidas

1Yr

@Joris eth, the graph, near, cosmos, cardano

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Joris@Joris

1Yr

@Koenigmidas thanks. Cosmos with 10% is insane 😅

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Joris@Joris

1Yr

@Koenigmidas in the app you can't see how much there is, can you? ok I just saw that there is staking and lending, what's the difference? https://support.bitvavo.com/hc/de/articles/4405243949841-Staking-und-Lending-bei-Bitvavo

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SGP@Koenigmidas

1Yr

@Joris With staking, cryptocurrencies are not lent out but held in a wallet to support and secure the network. Staking rewards are offered as a reward and incentive. With lending, the loans are tied for a certain period of time. source:google

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Aggregation@Aggregation

1Yr

BSDEX, BitBox2 Bitcoin only Edition. Ledger Nano S without recovery update for ETH

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Bob@Market_noob

1Yr

I buy it on Kraken and store it on a Trezor

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