In fact, with hardware wallets, if you accidentally lose them for any reasons at all (misplaced, stolen, etc), then it is almost impossible to retrieve your money. Combine that with state-of-the-art security and approval system, it is virtually impossible for anything to happen to your cryptocurrencies. Take Cex.io for example, it’s regulated closely by FinCEN and other financial regulators. While it might seem controversial, my honest opinion is that digital wallets are as safe if not much safer than any other forms of wallets (but you need to make sure you go with licensed, reputable financial platforms). Click here to sign up (privilege applied automatically after clicking the link, valid only for a limited period of time). With over 4000+ positive reviews, you can’t go wrong.Īs a Crypto Digest News reader, you will get to register an account for free and claim your free wallet. From an operational standpoint, 2FA (two factor authentication) is needed to login and initiate any form of transfer or withdrawal which makes Cex.io as safe as any wallet can be. Cex.io is a highly regulated financial platform particularly in UK. If you are concerned about security issues, you are in good hands. It’s an exchange which allows you to buy bitcoin and other cryptocurrencies directly on the platform, trade between different cryptocurrencies and easily send/withdraw bitcoin whenever you want. Not to mention that it’s completely FREE (unlike a hardware wallet where it will cost you $100+), but it’s extremely convenient as well. 30 Seconds Summary: My Top RecommendationĬex.io – This is arguably the best platform to get your very own bitcoin wallet in the UK.
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