Replying to Avatar Chris Tavrou

I think you're talking about two different things. A raspberry pi is a device you can use to set up your own node. I was referring to getting your bitcoin off the exchanges which you can simply do by withdrawing it to an address whose private key you control. Ideally a signing device/hardware wallet but even a hot wallet in your phone is better
Avatar
symbsrcool 2y ago

I was referring to a cold storage wallet on a raspberry pi zero, sorry I typed that quickly.

I agree with your sentiment, I’m trying to figure out what the best guides are to do this for people who don’t have cold storage and are moving decent amounts of btc off an exchange. Mg understanding is putting it into a phone or computer hot wallet isn’t recommended.

Reply to this note

Please Login to reply.

Discussion

Avatar
Chris Tavrou 2y ago

Definitely not recommended for significant amounts but still better than trusting an untrustworthy exchange

Avatar
Chris Tavrou 2y ago

You can get a relatively cheap hardware wallet such as trezor for about €80. There's also coldcard and several other options. You can connect it to your own node but that's not a must, you can use it with one of their nodes (then you trust that node and not yours) but again, still better than not having your own keys

36
zxcv 2y ago

Seedsigner