Recommendations to make your Bitcoin wallet experience safe.

In analogy with real life, your purse must be protected. Bitcoin allows you to transfer money to any place easily and allows you to have control over your money. These great features also carry security risks. At the same time, Bitcoin offers high levels of security if used well. Always remember that it is your responsibility to take appropriate measures to protect your money.

You should be thorough with any service that stores your coins online. Many exchange houses and purses online have had security breaches and are not a safe enough option to keep your coins as if they were a bank. Therefore, you should use other types of Bitcoin purses. You should research other options of exchange of bitcoins in India, such as Bitxoxo which is one of the most reliable and safe currently; try to choose these services very carefully.

A Bitcoin purse is like a purse with real money. For the same reason you would not keep a thousand dollars in cash in your pocket, you have to be as careful with your Bitcoin purse. In general, it is advisable to have on your computer, mobile or server only small amounts for daily use and have the rest of your funds in a safer place.

It is also advisable to back up your wallet if you keep it in a safe place; backing up your wallet can protect you from your computer or human malfunctions. It also allows you to recover your wallet if your mobile or computer is stolen, as long as you have your wallet encrypted.

An offline purse, also known as cold storage, offers the highest level of security for your savings. This system consists of keeping the wallet in a safe place and not connected to the Internet. When done correctly, this system offers very good protection against the vulnerabilities of a computer. Using an offline wallet along with backups and encryption is also very secure.  Using the latest version of your Bitcoin software allows you to have important stability and security updates.