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Hi I'm new to shitcoins and need to clarify a couple questions. I been in neet status for the last 2.5 years and just borrowed $20k from the bank that I'm not paying back.
There's a bitcoin/eth exchange in my country. So I will fund my account there, buy the eth/btc and then I have to move it to a wallet or some shit like that? Or do i just leave it in my exchange account?
If former, how do I move it?
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Don't leave it on the exchange. Exchanges are subject to hacks / potential legal loopholes that allow them to take your money and run. Think of them as a train-station or airport for your wealth.
As for how wallets work,
You'd better read the documentation, friend.
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>>2413506
Okay but what about transaction fees, they're so fucking high
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>>2413506
so I guess there's a way inside the exchange website where you can send it to a wallet? can you recommend the best ones for btc/eth or does a wallet holds for any shitcoin?
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>>2413519
yeah in my exchange if you do less than 50 transactions or something like that in a month they charge 1%. The only one that works in my country is bitso (mex) and im having trouble getting to coinbase or others without usa documents, plus i need a fucking cell number from there to verify.
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so as soon as i buy from an exchange i should move it to a personal wallet which exists on my computer or what?
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