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.


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31 Comments

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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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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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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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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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@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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Bison + Ledger Nano X
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Purchase via Relai, then Ledger
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Kraken + Ledger
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Bison, Bitvavo, nexo
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@Koenigmidas hi, is it safe to leave the purchased coins on Bitvavo?
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@Joris Actually, you should never leave your coins on an exchange. I only find flex staking attractive there
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@Koenigmidas ok thanks. Which crypto are you staking?
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@Joris eth, the graph, near, cosmos, cardano
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@Koenigmidas thanks. Cosmos with 10% is insane 😅
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@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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@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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BSDEX, BitBox2 Bitcoin only Edition. Ledger Nano S without recovery update for ETH
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I buy it on Kraken and store it on a Trezor
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