Before buying your first bitcoin, you will need a digital wallet to store them.
LibertyX is non-custodial by design. We believe the customer should be the only one in control of their own bitcoin at all times.
Setting up your own wallet is easy, below we have listed a select few safe and easy to use wallets.
Why Self Custody
Bitcoin self custody is important because it allows users to maintain full control over their funds. This means that users can store their own private keys, which are used to access their funds, without relying on a third-party custodian. This is important because it eliminates the risk of a third-party custodian mismanaging or stealing funds, as well as the risk of a third-party service being hacked. Additionally, self custody allows users to remain in full control of their funds, allowing them to make decisions about when and how to spend their funds without relying on a third-party. This is especially important for users who value their financial privacy and autonomy.
Popular Bitcoin Wallets
Bitcoin wallets are one of the most important tools for securely storing and managing cryptocurrency. The most trusted bitcoin wallets are those that offer the highest levels of security, privacy, and convenience.
| Munn Wallet | Free mobile wallet available on IOS and Android |
| Blue Wallet | Free mobile wallet available on IOS and Android |
| Green Wallet | Free mobile wallet available on IOS and Android |
| Edge Wallet | Free mobile wallet available on IOS and Android |
I have my wallet, now what?
Write down your recovery phrase
Your wallet will provide you with a recovery phrase you can write down and safely store incase you lose or damage your device. This will allow you to restore your wallet on any new device in the future ensuring your bitcoin is safe.
Set up Two-factor authentication (2FA)
It is a good idea to set up any type of two-factor authentication (2FA) offered by your wallet.