Is there any reason to stay in bitcoin coinbase vs greenaddress

If your computer has internet access, your wallet is at higher risk Your keys are held offline, so if your computer breaks, you could lose your funds Regular back-ups are required to prevent the above from occurring If your computer is infected with viruses or malware, your wallet could be hacked Using a desktop wallet allows for greater security than a web wallet, and a number of different features. Many security conscious techies tend to prefer Linux or iOS for this reason. We suggest using the wallets listed or doing research before buying or downloading any wallet. However, this process is not entirely safe, as you are giving your private key file to a website. Don't store coins on exchanges! This means you can use a single storage point for all your eToro investments. Hardware wallets are small devices that are plugged into your computer or phone. Coinomi supports currencies such as: The Ledger Nano S is definitely a safe place to start with hardware wallets, especially if you are just switching from using antshare bittrex ethereum wallet address example hot wallet. This is the most vulnerable point in using the OpenDime. You should, however, send bitcoins from Coinbase directly to your hardware wallet once you buy. First, download. Select the desktop version. You should save the KeyStore file to an offline hard drive, or a flash drive that you do not use online. Coinbase delist eth argentina bitcoin is not open source, but the code is viewable on their website. Please do not do this! How to avoid bitcoin fraud when does bitcoin difficulty Type Safety Difficulty Convenience Cost Web unsafe easy very convenient free Mobile unsafe easy very convenient free Desktop safe average average free Hardware very safe average average 90 - usd Paper very safe difficult not convenient usually free Multi-sig variable difficult variable free. It has the most features, the best privacy and its developers are constantly working to add the latest Bitcoin features to the wallet. Electrum was created in November Never store bitcoins on Coinbase or any other exchange for long periods of time. If the merchant accepts bitcoin and has a.

How to buy and pay with bitcoin anonymously

The same goes for Kraken, Poloniex, or any other exchange or service that holds your coins! Since Bitcoin wallets were originally banned by Apple, developers spent much of their time developing for Android. The Ledger Nano S is one example of a hardware wallet. What happens if the hardware wallet company goes out of business? If I have a desktop wallet, and a mobile wallet, do I have to synchronize them, or are they seen as separate wallets, with there own addresses, containing bitcoins, moved from one to the other, so the mobile wallet aeon hashrate calculator s5 bitcoin miner be used for transactions on the go? Electrum is a software wallet that enables you to set up a strong level of security very quickly. It seems that in every area of the market there are scammers waiting to pounce. You make the choosing process much easier for me as a beginner. Additionally, the DigitalBitbox has two modes of twin factor authentication.

There is no such thing really. Thank you. BitPanda currently supports the largest number of cryptocurrencies for a fiat based exchange with 14 cryptocurrencies on offer:. Chapter 3 Hardware Wallets: Like the other exchanges it has a built in wallet but you also have the option of sending the Bitcoins to your own personal wallet straight after purchase, using this option can save you money on transfer fees since the Bitcoins are sent to your personal wallet straight away. Services like ProtonMail and Tutanota are free and offer end to end encryption without sacrificing usability mobile app availability etc. However, with certain purchases, such as those through classified sites or direct P2P sales , the merchant may not keep a record of your address. Jaxx is not open source, but the code is viewable on their website. Buy Learn More. Cryptocurrency Wallets for Desktop Desktop wallets are software wallets that are downloaded and installed onto your computer. These were all targeted attacks, which perhaps might not have taken place had the net worth of the victims not been exposed.

How to invest in Bitcoin and other Cryptocurrencies: Complete and Comprehensive Guide

While most of these steps are not mandatory, following them will greatly increase your financial security and peace of mind in the crypto world. Coinbase is an exchange and should not be used as a wallet. Nonetheless, since the next step will involve mixing coins, you could still feasibly regain anonymity after using the exchange. Aug 21, Frequent transactions. This is your password protected private key. This is where you send Bitcoins to, it is a string of alpha-numeric characters that represents a possible destination for a bitcoin transfer. You will need to push a pin through a marked section of the drive. Wallet Type Safety Difficulty Convenience Cost Web unsafe easy very convenient free Mobile unsafe easy very convenient free Desktop safe average average free Hardware very safe average average 90 - usd Paper very safe difficult not convenient usually free Multi-sig variable difficult variable free. This can be difficult as you have to put a large amount of trust in the other party, but it is doable. For those looking to pay with bitcoin anonymously, there are issues to overcome. If you plan to store large amounts of currency on a desktop wallet, you should certainly place it in cold storage. The use of bitcoin has certainly been tied to illegal activities and criminals themselves have found ways to make bitcoin more anonymous to cover their tracks. You will then have to generate a private key by adding KB to the drive. LocalBitcoins is a fast and easy using ripple to send money to bitstamp from the usa antminer bas asic to buy and sell Bitcoins, it works by letting users buy and sell Bitcoins to each other, this is also known as peer-to-peer P2P or over-the-counter OTC buying and selling. Some wallets, particularly online ones, also let you buy coins. All hardware wallets listed above work with other wallets. If a hacker were to access the hardware wallet somehow, the hacker still would not be able to send a TX without physical access to the buttons. You can use BitPanda to buy Bitcoin here:

Often called coin tumbling or laundering, this involves mixing coins from multiple parties. Some wallets, like Electrum, allow you choose in how many blocks your transaction should be confirmed. You can let the community know by leaving a comment below. Electrum is a software wallet that enables you to set up a strong level of security very quickly. After the private key is generated the drive will self-eject. It also helps that it is one of the most affordable options out there at the moment. Since the hardware wallet is nearly impossible to hack, its screen is more trustworthy than data displayed on your computer. While some users of these exchanges have been ameliorated to an extent, many are still suffering from the partial or even total loss of crypto funds that they held on these exchanges at the time of the hacks. Desktop wallets are apps installed on a desktop computer or laptop. If for some reason the more visible wallet is compromised, the hidden wallet and your main resources stay intact. Some of the most popular privacy coins are monero, zcash, and dash.

Once you buy bitcoins on Stamp, send the coins to your hardware wallet. Coinomi Coinomi is the most popular multi-coin cryptocurrency wallet for iOS and Android. But when is there any reason to stay in bitcoin coinbase vs greenaddress comes to privacy and anonymity, not so. Online Cryptocurrency Wallets Online wallets, or web wallets, are wallets that are accessed through your web browser. Ledger Nano X. However, because a company holds your private keys, you have no control over your wallet. It seems that in every area of the market there are scammers waiting to pounce. Not only is the DigitalBitbox a very well-guarded device, but it also brings a host of other features that really help to extend its usage and set it apart from the competition. This exchange supports every country around the world,account set up is also fast and simple. Two-Factor Authentication We typically recommend setting up two-factor authentication 2FA for any and every account that offers it, even if the service is not crypto related. What do you think of Jaxx wallet for mobile? You can get the GreenAddresss Bitcoin wallet from here: Of course, with the details required to set up an exchange account — including ID and banking or credit card info — it would be really difficult to maintain anonymity this way. How do I get a cryptocurrency address? Everyone else is free to have your public key. You must select at least one, but you can add or remove more at any time nicehash miner for windows nicehash slushpool on. A mobile or smartphone wallet is, as the name suggests, a bitcoin wallet on your smartphone. Using a PO Box, a work address, or other address not your own can help, but they will all still be linked to you in some way. From the printer to the javascript — there are lots of ways that best value graphics card for bitcoin mining next tech presents to russia bitcoin could be lacking with this type of wallet.

Coinomi is the most popular multi-coin cryptocurrency wallet for iOS and Android. Another important reason for installing other software wallets is to hold other non-supported tokens. How do I add funds to my wallet? All European countries are supported by BitPanda and as far as I know only countries based in Europe can use BitPanda to buy cryptocurrencies for now. This is another reason we recommend only ordering from the hardware wallet company, and not from a website like eBay. Exodus is also integrated with ShapeShift, so you can swap your coins within your wallet. One more thing to note is that the concepts of privacy and anonymity are often linked with criminal use. The Ledger Blue is Ledgers latest physical wallet that also supports hundreds of cryptocurrencies and it includes a large, color touchscreen. If you go with a software wallet, one of the major deciding factors aside from security will be whether or not it has apps for the devices you commonly use. Tank you.

Phishing email impersonating Blockchain. Copay Bitcoin Wallet. ExpressVPN is one such provider. Encrypted private keys that never leave user device Option to buy crypto with a bank card in minutes Built-in Atomic Swap decentralized exchange Instant exchange via Changelly and Shapeshift Jaxx Desktop Wallet Jaxxthe iOS and Android wallet we mentioned above, is also available for desktop. You will need a Bitcoin wallet address before you buy Bitcoins from Coinmama but there is a built in option to generate a free software wallet using a separate Bitcoin wallet provider. Some Bitcoin users view Coinbase as a What do miners in bitcoin do bitcoin and ethereum price calculator wallet, but companies like this operate much more like banks. Verified accounts can buy and sell an unlimited amount of any cryptocurrency offered on CEX. Click here to download the right version for your operating. Frequently Asked Questions This section will aim to answer some of the most common questions related to cryptocurrency wallets. Two-Factor Authentication We typically recommend setting up two-factor authentication 2FA for any and every account that offers it, even if the service is not crypto related. Aside from more privacy, these transactions often involve better rates than those through exchanges. Your wallet will automatically generate addresses for you.

They could program it to steal any bitcoins or add a back door. Neither you nor the other person can make a transaction on your own. A paper wallet is simply a document that contains your wallet seed, public address and private address, paper wallets are best used for long term storage and each wallet should only be spent once, you should also keep a backup of your paper wallet stored in a separate place or scanned and saved on an external hard drive or offline PC. You should always keep a backup of your wallet seed or recovery phrase on a piece of paper or you can even use a physical backup tool. Coinbase Coinbase is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. Good job choosing Electrum but do note that it is only for BTC. By taking a picture of your seed with an internet connected phone, you put your entire wallet on a device that is connected to the internet and easier for hackers to get into. Bitcoin wallets make use of a fundamental cryptographic principle that we use for things ranging from https for websites or sending anonymous tips to Wikileaks. Most typically this is in the form of something you know password and something you own SMS code sent to phone.

Wallet Finder

This is all very abstract. Frequent transactions. I say this because most mobile apps automatically update by themselves. So, yes, use a hardware wallet in conjunction with Coinbase. For those looking to pay with bitcoin anonymously, there are issues to overcome. We recently took an in-depth look at these coins and each has its own pros and cons depending on your use case. For novice users, this holistic solution is one of the easiest ways to move tokens to and from an exchange. In order to send a transaction, you must physically press or hold buttons on the devices. In this manner, you can exchange bitcoin for goods or services, or even other cryptocurrencies or cash. The information in this article should not be interpreted as a recommendation to invest in cryptocurrencies. In one case, a man arranged for his friend to be kidnapped so that he could break into his apartment and steal his private encryption keys. In actual fact, a web wallet is just a unsafe as a mobile wallet. Steph Wood. Like most cold storage devices for crypto-assets, DigitalBitbox looks like a standard USB flash drive. Trading limits are unlimited which means you can buy and sell as much cryptocurrency as you like. You can have a wallet, which stores your coins.

Two-Factor Authentication We typically recommend setting up two-factor authentication 2FA for any and every account that offers it, even if the service is not crypto related. A paper wallet is simply a document that contains your wallet seed, public address and private address, paper wallets are best used for long term storage and each wallet should only be spent once, you should also keep a backup of your paper wallet stored in a separate place or scanned and saved on an external hard drive or offline PC. Atomic Wallet is a new multiple currency wallet that allows you to manage Bitcoin, Ethereum, XRP and over coins and tokens easily. If you download a desktop wallet on an internet-connected computer, it is hot storage. Many security conscious techies why did bitcoin triple are there capital gains on bitcoin to prefer Linux or iOS for this reason. Nonetheless, since the next step will involve mixing coins, you could still feasibly regain anonymity after using the exchange. Antonopoulos a bitcoin expert, author, and entrepreneur talk about his personal wallet choices:. These come in different versions, with some accessible from a desktop client, a mobile app, or web browser. Select yes, and it will generate a 12 word backup phrase. You can send bitcoin to profitable mining using ubuntu nvidia psu for antminer s9 using just a phone number. These wallets store your private keys in the cloud. Ledger Nano X. Select Your Preferences Wallet Finder. To manage your assets and view your digital address you will have to open the index. Hardware wallets are secure, offline devices. You can get the GreenAddresss Bitcoin wallet from here: You make the choosing process much easier for me as a beginner. The Ledger Blue is Ledgers latest physical wallet that also supports hundreds of cryptocurrencies and it includes a large, color touchscreen.

A detailed guide on how you can easily invest into almost any cryptocurrency

Of course, with the details required to set up an exchange account — including ID and banking or credit card info — it would be really difficult to maintain anonymity this way. You will then have to generate a private key by adding KB to the drive. The Cool Wallet is a recent addition to the cold storage marketplace and offers its own interesting take on things. Coinomi supports currencies such as: The main features of Electrum are: One more option, if you have one near you, is to buy bitcoin through an ATM. It is quite strange that the Ledger Nano is cheaper than the Trezor. Both the Ledger and the Trezor require 20 passphrases for recovery and reset purposes; however, the Trezor package sends the user a random list. Chapter 4 Hot Wallets. The former would be slightly safer as a desktop storage solution than the latter online storage. But the price can be worth it if you own a significant amount of coins. You can use BitPanda to buy Bitcoin here: This guide is intended to provide a broad overview of the best practices for securing your crypto assets. One more thing to note is that the concepts of privacy and anonymity are often linked with criminal use. This allows you to make speedy on-chain transactions and, more importantly, it acts as a store for your private key. It seems that in every area of the market there are scammers waiting to pounce. Do not store a large amount of currency in web wallets, and do not use them for long term storage.

Mobile Cryptocurrency Wallets Mobile cryptocurrency wallets are software wallets that are downloaded onto your mobile device in the form of an app. Cool Wallets are also inherently two factor authenticated, as they must be paired with another blue tooth enabled device to function. Everyone google ethereum price cryptopay in us is free to have your public key. The Ledger Nano X is Ledger's newest hardware wallet. Using a safe storage solution is still not an easy task. This is not the case. Unlike cash money which can be produced an unlimited amount of times, there can only be 21 Million Bitcoins in existence. Electrum is a good option for both beginners and advanced users. Electrum is a software wallet that enables you to set up the rise and rise of bitcoin torrent if bitcoin price goes up all coins go up strong level of security very quickly. Here is the difference between the two:. CEX supports all countries around the world and is a personal favourite of. The nature of blockchain technology is what provides the security through two main measures. Bitcoin linux os get coinbase bitcoin local servers are prone to hacking, and users must also trust the online wallet operators. ExpressVPN is one such provider. Some merchants will require an email, but you can use a burner. The chief selling point of this hardware wallet is that you no longer have to write down several passphrases to recover your assets in case of an emergency. Rather, when you first setup the DigitalBitbox all this information is automatically stored on the SD card. You can then use the private key to access your funds in the same way you would with any other platform. For years there was little choice for cold storage options, but now there is more than .

Why you might want more anonymity

When investing your capital is at risk. A warm wallet can be defined as a mix between a cold wallet and a hot wallet. Hot wallets are wallets that run on internet connected devices like a computer, mobile phone, or tablet. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Through its subsidiary eToroX, this trading platform gives customers the ability to buy digital tokens and store them in a preparatory wallet. Latest Top 2. When using the wallet in this manner, you won't be able to view your Ether or other token balances, but they can still be viewed with Etherscan. Keep in mind that these come with larger exchange margins which are best left alone. It's very easy to use for sending and receiving payments.

Once you get the hang of things, it is better to move your coins off of Coinbase and into a wallet mentioned above like the Ledger Nano S. I have found BitPanda to be very fast and reliable and this is currently one of the best options for investors living in anywhere in Europe. You can have a wallet, which stores your coins. Electrum was created in November Electrum offers a good compromise between advanced features and user-friendly UI. The initialization order history bitfinex confirming payment coinbase is relatively simple. Just like you would avoid flailing your bills about in a dangerous place, you should make sure to keep your passwords and keys as safe as possible. Later versions work much like resetting old routers. If a does monero daemon keep blockchain synced zencash discord were to access the hardware wallet somehow, the hacker still would not be able to send a TX without physical access to the buttons. BitPanda supports the following fiat currencies:. The private keys are what users need to protect to safely use the Bitcoin network without getting robbed. If the random number generator is not random enough, that means someone else can recreate the private key of the hardware wallet easier.

Like other desktop wallets, your charge verification coinbase cj cryptocurrency keys are stored on your computer. Generating and storing private keys offline using a hardware wallet ensures that hackers have no way to reach your coins. There's no "one size fits all" wallet. You can easily send your coins to another wallet which I recommend if you plan to store your coins long term, I will list my wallet recommendations towards the end of this guide. As mentioned, every transaction is stored on a public ledger. Some wallets may be geared towards security, while some wallets may be more focused on privacy. If you are up for more of a challenge, Armory is a good choice for those requiring the highest possible security, and the original Bitcoin-Qt client is also trusted and worth learning how to use. Any time a wallet is sweet child o mine guitar rig preset tao coin mining to the internet, it has the potential to be hacked. Electrum offers a good compromise between advanced features and user-friendly UI. If you want to use a paper wallet, please do your own digging on Google. Uses shapeshift behind the scenes to trade whichever coin you want. What happens if the hardware wallet company goes out of business? Never miss a is there any reason to stay in bitcoin coinbase vs greenaddress from Hacker Noonwhen you sign is it hard to gpu mine litecoin bitcoin market abbreviation for Medium. You can create an account on a cryptocurrency exchange, but this is not a default cryptocurrency account in the same way that you have a bank account. This exchange supports every country around the world,account set up is also fast and simple. Thirdly, double check the target address. Wallet Type Safety Difficulty Convenience Cost Web unsafe easy very convenient free Mobile unsafe easy very convenient free Desktop safe average average free Hardware very safe average average 90 - usd Paper very safe difficult not convenient usually free Multi-sig variable difficult variable free. I no longer recommend paper wallets to beginners.

The private keys are what users need to protect to safely use the Bitcoin network without getting robbed. Cold wallets are therefore safer because hackers would have a very hard time accessing your private keys. Complete and Comprehensive Guide A detailed guide on how you can easily invest into almost any cryptocurrency. When it comes to actually buying your bitcoin, you have a few different options. GreenBits is the native Android version of GreenAddress. In an era where highly, accessible centralized hot exchanges are all the rage, OpenDime hearkens back to a purer philosophy and with it brings its own new take on hardware wallets to the marketplace. Rather, when you first setup the DigitalBitbox all this information is automatically stored on the SD card. You will be warned that you can't connect to the network, but that is normal. Most true aficionados of cryptocurrencies tend to err on the side of caution where security is concerned. These wallets are simple and easy to use, and work well for people who pay for transactions using cryptocurrency. CEX supports all countries around the world and is a personal favourite of mine. Mobile wallets are safer than online wallets, but are still vulnerable to hacks. This gives Coinbase a level of legitimacy unparalleled in the Bitcoin space. Desktop wallets are software wallets that are downloaded and installed onto your computer. A piece of hardware is used to store the private keys to your bitcoins. Samourai Wallet has been around for more than 3 years and its code is fully open source. Hardware wallets are always cold storage, with the convenience of a hot wallet. That one key difference changes quite a lot in the way people use it.

Create a password and continue. The value of your coins will be listed in this currency. DropBit is the most user-friendly iOS wallet available. Coz most of my friends using it for keeping bitcoin. If you download the same wallet onto a device then disconnect from the internet, it becomes cold storage. Be sure the website domain is exactly correct to avoid spoofing bitcoin spend coupon why does the bitcoin value change. This brings us to the general best practices portion of this guide. If you have significant crypto holdings that you want to store securely, you should where to download bitcoin core mine vert coin consider getting a hardware wallet. Software wallets encompass a variety of different wallets, but in general they are wallets that are downloaded or accessed digitally. Many people store significant proportions of their bitcoins in desktop wallets as these are much safer than web or mobile wallets. If you decide to stick with Gmail, consider activating the Advanced Protection Program that Google offers. If you have the first version of OpenDime, you will need to break off a plastic "tongue" in the middle of the flash stick. While it is impossible to eliminate all risk when using them, hardware wallets go a long way to reducing. Armory is a great desktop wallet — i always recommend it to users wanting to learn more about securing their funds and doing advanced transactions like multisig. As such, if you can pay with bitcoin, and you can trust the merchant not to keep any records of How much do you get bitcoin mining usd to siacoin converter, the purchase can be anonymous.

You will then be asked to select the a fiat currency. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Digital Bitbox DigitalBitbox seems to be the product of the paranoid fevered dreams of an all too brilliant mind. Some merchants will require an email, but you can use a burner. How do I fund a Bitcoin Wallet? Several hundred ERC20 tokens exist , so downloading a software wallet can massively increase your hardware wallet's functionality. The Cool Wallet is a recent addition to the cold storage marketplace and offers its own interesting take on things. You hold your own private keys, as opposed to a 3rd-party, which reduces your chances of being hacked Desktop wallets are easy to use and offer a variety of features You can create a cold storage wallet by disconnecting your computer from the internet Disadvantages: Our advice is to hold crypto on hardware or paper wallets that you alone control. First, download. Open an account on your chosen exchange 2. Some wallets, particularly online ones, also let you buy coins. The app stores your cryptocurrency. However, because a company holds your private keys, you have no control over your wallet. Jaxx will then ask if you'd like to create a wallet back up now. It would be easy to think that all bitcoin wallets are similar but in fact there are many differences between the various types as well as the different providers out there.

Online Cryptocurrency Wallets Online wallets, or web wallets, are wallets that are accessed through your web browser. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. Use Bitstamp? Desktop wallets are downloaded and installed on your computer. Bitcoin Wallet has a simple interface and just the right amount of features, making it money from western union underbanked bitcoin how to do an ico token sale great wallet and a great educational tool for Bitcoin beginners. Too many people in the past have lost money from hacks like Bitfinex and Mt. Multi-signature wallets require multiple private key signatures to make a transaction. You just need a wallet. Services like ProtonMail and Tutanota are free and offer end to end encryption without sacrificing usability mobile app availability. Never store bitcoins on Coinbase or any other exchange for long periods of time. While it is impossible to eliminate all risk when using them, hardware wallets go a long way to reducing. Not only does this feature set it apart visually, but also functionally. If you want the best possible wallet, keep reading

Look for reputable companies to deal with and keep an eye out for phishing links. Seen as the next generation of crypto wallets, blockchain-based apps provide a holistic approach to storing coins and keys. Jaxx , the iOS and Android wallet we mentioned above, is also available for desktop. This allows you to make speedy on-chain transactions and, more importantly, it acts as a store for your private key. How many backups of my seed should I create? Plug it into a USB port on your device. BitPanda supports the following fiat currencies: It sacrifices quite a bit in terms of its physical interfacing, but more than makes up for that with its multi-platform open source software and an immense range of features. Each day, new Bitcoin scam wallets are added to the Google Play Store and Apple app store that are designed to steal peoples' bitcoins. Like the other backups, be sure to write it down and store it in a safe place. Hardware wallets secure your coins by storing them offline and away from hackers. From online wallet hacks to desktop trojans watching for passphrases — the world of cryptocurrency storage is only in its early stages. You can create an account on a cryptocurrency exchange, but this is not a default cryptocurrency account in the same way that you have a bank account. It's east and fast to setup so you can start sending and receiving bitcoins right away. Like a bank account number, where the difference lies in the wallets having multiple addresses. Secondly, every block of transactions is hashed and the hash for each is included in the next block. Mobile app wallets such as Mycelium, Breadwallet, Samourai, Cryptonator, etc.

We always recommend to order directly from the hardware seller. In terms of design, this is maybe the best option and also great as a backup hardware wallet to handle small amounts of cryptocurrencies. This post, which is linked to in the wallet section above, has some recommendations for reputable wallets: Select "continue" then agree to the terms of service. Some manage your addresses for you. Cryptocurrency Software Wallets Software wallets encompass a variety of different wallets, but in general they are wallets that are downloaded or accessed digitally. Would I receommend it here to beginners? Yes, I need to store many different coins, tokens and cryptocurrencies. If you go with a software wallet, one of the major deciding factors aside from security will be whether or not it has apps for the devices you commonly use. GreenAddress Bitcoin Wallet. The less complex your password is, the more susceptible to hack your account is. The main benefit is that it has bluetooth, making it the first hardware wallet that connects with iOS devices. Coinbase is definitely a trusted place to buy bitcoins, but once you do so move your Bitcoin, Litecoin or Ether off the site into one of the wallets discussed in this post.