Joshua Newton
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COINTRACKING A hardware wallet is by far the most secure way to store your bitcoin itself. This is because access to your cryptos remains offline, within the device. This means that you always need the device to send your coins. If you’ve got Bitcoin in Coinbase, it only takes a few simple steps to send it to another ‘wallet,’ a place where cryptocurrency can live on the blockchain. Transferring cryptocurrency between wallets — that is precisely what the miners on the blockchain are verifying. Their computers are solving very complicated coding problems, to verify that yes, indeed, what those other dozen computers are saying is true, and this bitcoin wallet to wallet transfer is totally legit. We currently limit the amount you can send to cryptocurrency exchanges. This applies to payments made through Mobile and Online Banking, payments set up over the phone, CHAPS, Open banking and payments in branch.
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