Tim Mendez
1 min readMar 27, 2018

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Hey Randy,

Congrats on the buy! You got it cheaper than I did :D
It would be more secure if you move it out of Binance to a Stellar wallet. Binance right now controls the private keys to your Stellar wallet, but accessed is blocked through authentication, which is good. Binance has shown time and time again that they’re the best exchange out there. However, it is more secure if you store your crypto in an offline wallet, in case the exchange is somehow hacked. This means that if your harddrive or flash drive containing the wallet dies, then your coins die with it (you can recover in some cases, but not always). I recommend the Ledger Nano S if you’re going for an offline wallet. It’s pretty expensive, but is the best thing on the market right now. Make sure you get it from the official retailer as people can hack them and sell them on eBay and such, causing your funds to funnel to their wallets after you transfer in.

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Tim Mendez
Tim Mendez

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