I currently use localbitcoins as my wallet, is that ok?

Bitcoin Questions and AnswersI currently use localbitcoins as my wallet, is that ok?

Mike asked 1 year ago

I currently use localbitcoins.com as my wallet, is that ok or should I use another wallet 

1 Answers
Ofir Beigel answered 1 year ago

It’s only ok if you don’t mind losing the money that’s in that wallet in case LocalBitcoins gets hacked. I highly suggest getting a wallet that isn’t operated by a 3rd party such as MyCelium or Greenaddress. Here’s a complete tutorial about Bitcoin wallets that may help explain this even better.

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