{"id":407,"date":"2019-02-15T14:30:26","date_gmt":"2019-02-15T14:30:26","guid":{"rendered":"http:\/\/labapps.wgl-demo.net\/?p=407"},"modified":"2019-02-15T14:30:26","modified_gmt":"2019-02-15T14:30:26","slug":"spend-and-store-bitcoin-cash-in-your-wallet","status":"publish","type":"post","link":"https:\/\/belocal.thoi.art\/en\/2019\/02\/spend-and-store-bitcoin-cash-in-your-wallet\/","title":{"rendered":"Spend and Store Bitcoin Cash in Your Wallet"},"content":{"rendered":"
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W<\/span>hat are the best tools for storing and using bitcoin today?Even if you don\u2019t want to store any of your bitcoin on an exchange long-term, you\u2019ll likely still need an exchange account to purchase bitcoin (unless you\u2019re paid in bitcoin\u00a0are mining it yourself). And even if you trust an exchange to store your bitcoin, you’ll probably still want to keep some Bitcoin in a reliable bitcoin software wallet for making bitcoin purchases. Exchanges often take a couple of hours to batch and broadcast outgoing payments, so they frequently fail to send payments on time.<\/strong><\/p>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”16px”]\n

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We know it’s hard to choose. The FOMO is real. Thankfully, you can have the best of both worlds \u2013 exchanges and wallets. It’s possible to easily move spending money out of an exchange into a spending wallet for your occasional bitcoin purchases<\/a>. It’s also possible to store your bitcoin savings in a more secure software wallet while still getting access to the buying and selling features of bitcoin exchanges. Let us show you how.<\/p>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”60px”]\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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Using Your Exchange-Bought Bitcoin In Your Spending Wallet<\/h4>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”21px”]\n
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You\u2019ve likely had trouble with a credit or debit card at some point, but almost everyone everywhere takes cash. Just as cash is easier in the real world, the bitcoin you hold in a software wallet is easier to use in the digital world. <\/span><\/p>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”16px”]\n

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Before moving any bitcoin from an exchange, make sure you have a good bitcoin wallet. BitPay recommends the WallApp and Softlab wallets for secure bitcoin storage and on-time payments, but other wallets on our list of fully up-to-date software wallets will do the job, too.<\/p>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”60px”]\n

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\nThere are no secrets to success. It is the result of preparation, hard work, and learning from failure. – Paul Tournier<\/cite>\n<\/p><\/blockquote>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”67px”]\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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Rather, the main criticism we have seen is from individuals using exchanges like base to both store and use their cryptocurrency. These users caused a significant percentage of our payment errors precisely because they didn\u2019t<\/span> have direct ownership of their cryptocurrency which led to a slower<\/a> and less reliable payment process. In short, the majority of criticism seems to have more to do with UX than politics.<\/p>\n\t<\/div>\n<\/div>\n\n\n\n[wgl_spacing spacer_size=”17px”]\n

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With traditional payments online, you never actually send a payment. That sounds shocking, but it\u2019s true. The payment processor pulls the required funds from your account. With Bitcoin and cryptocurrencies, it\u2019s like handing cash to a cashier. You initiate or push the payment. That means you can give too much or too little and the mistake is instantaneous. <\/strong><\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Crypto payments are fast, secure and anonymous, they are cheaper to process and hence are widely used by businesses in all areas. Best of all, there is no chance of Chargeback or fraud! We are proud to provide one of best crypto payment…<\/p>","protected":false},"author":1,"featured_media":128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"footnotes":""},"categories":[16,17],"tags":[23,26,28],"class_list":{"0":"post-407","1":"post","2":"type-post","3":"status-publish","4":"format-link","5":"has-post-thumbnail","7":"category-apps","8":"category-business","9":"tag-app","10":"tag-mobile","11":"tag-wallet","12":"post_format-post-format-link"},"yoast_head":"\nSpend and Store Bitcoin Cash in Your Wallet - Local<\/title>\n<meta name=\"description\" content=\"%\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spend and Store Bitcoin Cash in Your Wallet - Local\" \/>\n<meta property=\"og:description\" content=\"%\" \/>\n<meta property=\"og:url\" content=\"https:\/\/belocal.thoi.art\/en\/2019\/02\/spend-and-store-bitcoin-cash-in-your-wallet\/\" \/>\n<meta property=\"og:site_name\" content=\"Local\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/belocalmexico\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-15T14:30:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/belocal.thoi.art\/wp-content\/uploads\/2019\/02\/blog_single_bg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"861\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Luis Enrique\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Luis Enrique\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/belocal.thoi.art\/2019\/02\/spend-and-store-bitcoin-cash-in-your-wallet\/\",\"url\":\"https:\/\/belocal.thoi.art\/2019\/02\/spend-and-store-bitcoin-cash-in-your-wallet\/\",\"name\":\"Spend and Store Bitcoin Cash in Your Wallet - 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