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You have your Bitcoins in your own Bitcoin wallet, which will sort of your own bank. But there is a catch. If you lose your wallet key, you will no longer have access to your digital money. Also, if the key lands in wrong hands, your wallet will be empty in seconds. So, for your security, we suggest that you follow the following security tips. Read on.

Web wallets are risky as hackers use them to gain unauthorized access to people’s money. If you really have to use one, make sure you use a reliable exchange service. Once the exchange transaction happens, make sure you transfer the coins to your own wallet right away.

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