STORAGE AND WITHDRAWAL OF CRYPTO

Storage of Cryptocurrency

1. You can use 3 resources to store funds.

Binance

ByBit

Bitstamp.

On the exchanges, we can quickly transfer our btc/zec balance to another coin and withdraw it through the exchanger at a minimum percentage.

2. Third-party wallets such as BlockChain.info and MyEtherWallet – Their limitations are that you can’t store all coins on your wallet, but only selective ones, which is what the service itself is designed for, but the main btc/usdt/ethe, of course, are available. 3) Cold wallets – The most reliable option for storing coins for many, because their safety depends solely on you, and the wallet can only be hacked if you have your keys (human factor). There are a lot of crypto wallets on the market, let’s highlight only the main market leaders:

Trezor Model T

Hardware crypto wallets that meet all the latest requirements for encryption and protection of your funds.

Ledger Nano S/X

*It is worth mentioning that funds are not stored on a “flash drive” but in the application, and the wallet is the key to it.

Withdrawal of cryptocurrencies from the EXCHANGE

There are time-tested resources and exchangers for withdrawing funds, we highlight 2 main ones:

1. BestChange is a resource where exchangers from all over the CIS are collected, and you can conveniently withdraw any coin from your wallet and exchange it for the currency you are interested in for hryvnia (Privat, Mono), rubles, Fiat $. 2. Kuna Exchange – Ukrainian analog, which has also proven itself in the market, and copes with all the duties of withdrawing and buying Crypto.

The first 2 methods are good if you don’t want to “show” large volumes on your cards, but if we are talking about large amounts, it is much more reliable to use a physical exchange office in your city.