What Is Proof of Reserves?
How custodians demonstrate that client balances are backed—and what to look for in published reports.
How to Store Bitcoin
Starting with Self-Custody
A practical path from exchange purchase to keys you control.
Overview
Buy on a reputable platform, then withdraw to a wallet you initialized yourself. Record your seed during setup, confirm the word order, and complete a test receive and send with a small amount before moving larger balances.
Store backups away from your primary device. Consider a passphrase if your wallet supports one, and document instructions for trusted family members without exposing seeds prematurely.
Step-by-step migration
Purchase on a reputable platform, then withdraw to a wallet you initialized. Start with a small test before moving the rest.
Record withdrawal transaction IDs and wallet labels for troubleshooting if needed.
Backup verification
Practice restoring your seed on a spare device before large transfers. Wipe the practice device afterward.
Store metal or paper backups separately from the hardware wallet—both stolen together defeats the purpose.
Growing your skills
Learn custom fees, address types, and history export. Consider running a node as you advance.
Join reputable communities, but never share seeds in chats. Real support never asks for your phrase.
