The Bitcoin Self-Custody Program is our Signature Service, and a cornerstone for experienced Bitcoiners.
Taking custody of your Bitcoin means having direct control over your private keys, eliminating reliance on third parties like exchanges or custodians. This approach reduces risks such as hacks, account freezes, or loss of access, but it places the responsibility of security on you. Here’s a clear guide to taking custody of your Bitcoin:
1. Understand Wallets and Private Keys
A **wallet** is a tool that manages your Bitcoin by storing your **private keys**.
- **Private keys** are secret codes that prove ownership of your Bitcoin and allow you to spend it. Whoever controls the keys controls the funds.
- **Non-custodial wallets** give you sole control of your private keys, unlike custodial services (e.g., exchanges) that hold them on your behalf.
2. Choose Your Hardware Wallet
For most users, a **hardware wallet** is the best option due to its balance of security and usability.
- **Hardware Wallets** (e.g., Trezor, Blockstream):
- Physical devices that store private keys offline.
- Highly secure against online threats like hacking.
- Recommended for long-term storage or significant amounts. For maximum security, opt for a hardware wallet.
Here’s how to get started with a hardware wallet:
Included in the Bitcoin Self-Custody Program that we offer, and sold as an authorized reseller to avoid tampered devices.
3. Set Up Your Hardware Wallet
This is the part where we can guide you through doing your thing without knowing the specifics of what you are doing (ie writing down your private keys, etc). YOUR SECURITY IS OUR MUTUALLY SHARED CONCERN!
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Bictoiners, Not Bankers.
We earn a fee for bundling together products and services that result in your ownership of REAL BITCOIN. YOU ARE THE ONLY ONE THAT KNOWS YOUR PRIVATE KEYS AND THOSE KEYS SHOULD REMAIN IN YOUR CONTROL! That is the VALUE of DIGITAL GOLD!
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Check for security seals and use the manufacturer’s official software to verify the firmware. - **Set a Strong PIN**: Add a PIN to protect the device if it’s lost or stolen.
During setup, the wallet generates a **seed phrase** (12-24 words).
There are SECURE PROTOCOLS for SECURING YOUR SEED PHRASE (secure practices and risks to avoid).. WE TAKE YOU THROUGH THESE PROTOCOLS during the set up of YOUR BITCOIN HARDWARE VAULT.
4. We Transfer Bitcoin to Your Wallet
We SEND a mutually agreed sum of Bitcoin directly to your hardware wallet after first:
- **Generating a Receiving Address**: You open your wallet’s software and generate a new address. Use a fresh one for each transaction to enhance privacy.
-**Paste your wallet’s BITCOIN RECEIVING ADDRESS into our set-up support chat.
- **Double-Check the Address**: Mistakes can lead to lost funds.
- **Confirm and Wait**: After SENDING, the Bitcoin will appear in your wallet once the blockchain confirms the transaction.
Final Thoughts
Taking custody of your Bitcoin with a hardware wallet gives you full control and eliminates third-party risks.
It requires effort to set up and secure, but the peace of mind is worth it—especially for significant holdings.
You can confidently manage your own Bitcoin with some help from the right Bitcoiners.
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