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Is Coinbase Secure? I'm new so just asking.
Whether something is secure enough for you to use depends on your threat model.
If you’re looking for generic advice, use a non-custodial Lightning wallet. If you can’t run a computer, but have a phone: Mutiny, Zeus, or Breez. If you can run a computer: look into Start9 and Umbrel.
If you want personally tailored advice, you’ll need to provide more information.
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Thank you so much. I see. There's actually a great difference between Coinbase and your suggestion. To break it down even further which one is good for a newbie among Zeus, Mutiny and breez?
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I like Mutiny for the simplicity. All of them are all hard to use for a newbie. If you’re in India, you might be able to use Phoenix which is an easier non-custodial experience.
If you are just looking to try things out with small amounts of money that you don’t mind losing, there are custodial wallets like Blink and Wallet of Satoshi that are very simple to use. But again, I’d only recommend using these with small amounts of money for learning/fun purposes. If you want to be an early bitcoin and lightning user, and security is a concern, you’re going to have to nerd out a bit and learn some technical stuff.
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71 sats \ 1 reply \ @Athena 18 May
Thanks for your detailed response. I will be using mutiny, I won't go custodial not even for smaller amounts.
I will also check phoenix.
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I like mutiny
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Mutiny is beginner friendly
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Yes, it seems so. That's why as beginner I liked it at first sight.
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