Bitcoin cold storage as of 2025

I was reading the history of people who are concerned with using cold storage wallets in the past for cryptocurrency. There are a lot of exchanges, cryptocurrencies, and types such as meMeme coins etc. There are also many different cold storage wallets. And there are exchanges or companies that provide their own wallets. What is important is to understand that whatever type of cryptocurrency you hold operates on a certain type of exchange. If we go with the largest and August cryptocurrency bitcoin... There is the default and legacy exchanges. Most important things is to make sure that if you send your cryptocurrency that you use the correct exchange. You can't go wrong with using the default bitcoin network. Also, just as important as to make sure that you send your currency to the correct address known as a "hash". As of 2025 you want to make sure that this is the correct hash that you are sending to. bc1qnpzetvny3hrzqr6e0ce7az9p6jtqexx9xm60te Different wallets might put in a different address so you need to copy that and paste it into the address that you're sending it to, Exactly as it is listed. As far as all the different cold storage wallets and the "seed" phrase, which essentially is 12 separate words that is your password to which you will need to use generally three of those to "authorize" the sending of your cryptocurrency... Never give that to anyone. And never keep those next to your cold storage wallet. That's pretty much the easiest way to send your money from an exchange to cold storage so that it is yours. I read an old post where somebody tried to say send your cryptocurrency to them and they hold the "keys" but the cryptocurrency is yours. Do not follow that advice. The only person that needs access to your cryptocurrency is you... So just make sure you're sending BTC which is the official bitcoin, on the default bitcoin exchange. submitted by /u/NJLEO25years [link] [comments]

Apr 20, 2025 - 12:14

I was reading the history of people who are concerned with using cold storage wallets in the past for cryptocurrency.

There are a lot of exchanges, cryptocurrencies, and types such as meMeme coins etc.

There are also many different cold storage wallets. And there are exchanges or companies that provide their own wallets.

What is important is to understand that whatever type of cryptocurrency you hold operates on a certain type of exchange.

If we go with the largest and August cryptocurrency bitcoin...

There is the default and legacy exchanges.

Most important things is to make sure that if you send your cryptocurrency that you use the correct exchange. You can't go wrong with using the default bitcoin network.

Also, just as important as to make sure that you send your currency to the correct address known as a "hash".

As of 2025 you want to make sure that this is the correct hash that you are sending to.

bc1qnpzetvny3hrzqr6e0ce7az9p6jtqexx9xm60te

Different wallets might put in a different address so you need to copy that and paste it into the address that you're sending it to, Exactly as it is listed.

As far as all the different cold storage wallets and the "seed" phrase, which essentially is 12 separate words that is your password to which you will need to use generally three of those to "authorize" the sending of your cryptocurrency...

Never give that to anyone. And never keep those next to your cold storage wallet.

That's pretty much the easiest way to send your money from an exchange to cold storage so that it is yours.

I read an old post where somebody tried to say send your cryptocurrency to them and they hold the "keys" but the cryptocurrency is yours.

Do not follow that advice.

The only person that needs access to your cryptocurrency is you...

So just make sure you're sending BTC which is the official bitcoin, on the default bitcoin exchange.

submitted by /u/NJLEO25years
[link] [comments]