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What should you do after you get your Bitcoin?

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Transfer them to an offline wallet right away - exchanges are at the risk of being hacked, and it's extremely hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.


A desktop-based wallet is the best option, though you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.


Everyone we spoke to suggested using an online wallet as a 'hot' wallet - where you keep just a little bit of your money, which you can use to make purchase online easily, while keeping the rest of your money safely offline.

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