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RE: The state of Cryptocurrency and STORM Operation | Def Vlog 4

in #steemit7 years ago

Hey Defango,
I'm new to the crypto game and right now everything is stored on Coinbase which I've heard is not good.
Can you recommend a good PC based wallet?
Also do you know if once I transfer my Litecoin would I be able to use the private keys on coinbase for the LCC hard fork?
Thanks

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If your are using PC wallet, I recommend the core wallets to ensure things are going to be safe and secure. I use the litecoin core wallet and a bitcoin wallet for cold storage. I only really ever keep stuff in coinbase I'm willing to transfer out to my bank account. I believe coinbase is starting to get annoying with this delayed payout thing going on. I haven't been able to get an exchange to accept my Arizona ID because it says it expires in 2052.

As I said in the video you will not be able to access the LCC funds if you were not in control of your private key. Coinbase has control of that and while you held LTC you needed your private key to do the swap. That means your not going to get it.

2052? I guess they can't tell the difference between a DL or ID.
So is that like deathclock.com you expire in 2052?
Deathclock told me I would die in 2042 and if I quit smoking 2035???
Anyways thanks for the info. Know anything about PotCoin? I lost mine in cyberspace.