How to store Bitcoin - best practices

The best custody options for small, medium & large amounts at a glance.

Small amounts: App wallet or exchange wallet

If you do not already own large amounts of cryptocurrencies, you can also store your coins on an exchange or on a wallet app on your smartphone. However, we do not recommend this, as you do not have the private keys to the coins and are powerless in case of hacks or fraud. Understandably, some users do not want to spend more money on a special wallet for small amounts (more on this in the next point).

Hold medium - large amounts for the long term:

If you simply want to store your coins for the long term ("hodln") and are looking for a simple and secure solution, our card wallet is the ideal solution. It is based on decentralised key generation using secure entropy technology developed by Coinfinity.

Buy Card Wallet here

Advantages: Simple, safe, you don't have to be tech-savvy

Disadvantage: Unsuitable for regular selling of coins

Hold with regular sales:

If you want to sell your coins in shorter time intervals, e.g. piece by piece, hardware wallets are a good choice. These create a good bridge between security and flexibility. There are numerous variants; BitBox, Trezor and Ledger are recommended here, for example.

Advantages: Repeated selling easier possible, many altcoins are supported

Disadvantage: More complicated than card wallet, dependence on software and hardware components

By the way, BitBox02 can be purchased directly from Coinfinity - just contact us by email at
.support@coinfinity.co

Price: € 113,38 (incl. VAT / BitBox: € 109,- / shipping: € 4,38)