Is Bitcoin wallet any good?

Best Crypto Wallet Reviews. Why we chose it: We chose Coinbase Wallet as the best crypto wallet for beginners because it’s an intuitive and highly secure wallet that is backed by a well-known exchange. Coinbase Wallet is an excellent wallet for beginners who have little to no experience with crypto .

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Does Bitcoin really have a future?

Citi noted that Bitcoin’s future is still very uncertain, but that it’s on the cusp of mainstream acceptance . The institutional investor interest is driving broad interest in the cryptocurrency, but issues over custody, security, and capital efficiency are still headwinds for the digital asset, noted Citi.

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Can you get scammed on Bitcoin?

Scammers will often work from any angle or take however much time they need to gain the trust of a potential victim so that they reveal key information or send money to the scammer’s digital wallet. When one of these trusted connections demands cryptocurrency for any reason, it can often be a sign of a scam .

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Is Bitcoin safe and legal?

Is bitcoin legal in India? As earlier discussed, bitcoin, as a medium of payment, has neither been authorized nor been regulated by any central authority in India . Further, no set rules, regulations or guidelines have been laid down for resolving disputes that could arise while dealing with bitcoins.

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