CassieHoward
peace out ss
- Mar 11, 2022
- 254
exodus is an excellent platform, but the major drawback (and really the only one, for your purposes) is that it's up to you to protect absolutely everything - if you e.g., lose your details or private keys or drop your laptop in a lake, you're going to lose all your btc and there's nothing you can do about it. i'll always recommend binance or coinbase for this reason - it's going to be a bit more expensive, but it'll be a bit more secure and, more importantly, you're protected by binance. so if you lose your details or drop your laptop in a lake, you'll be able to recover your btc. in addition, there are far more trading options which provides greater flexibility with how you shop for btc.I still need to figure out how to do the bitcoin stuff but thank you so much for answering!
I wonder if I can use Exodus to send. They seem to allow a buy and send feature on there. Any pointers? Sorry for asking two questions in one go! Just for anyone who is reading this. I'm glad this megathread exists.
what you do from there is up to you. some people send the btc directly to d through binance or coinbase - some export it to another wallet (like exodus) and then to d. again, my personal preference is to export it to another wallet and then directly to d which gives another layer of security. realistically, just like using either platform to buy is fine, going either withdrawal route is fine as well. however, given the amount of money you're buying and launching into the void, i'd highly suggest doing it as securely as possible. better to spend an extra $50 than it is to have to redo the transaction and spend way more than that.