Cryptocurrency Q&A
Where are bitcoins stored?
Where are bitcoins stored?
BlockchainLegend
Tue Dec 24 2024
|
6 answers
911
I'm trying to understand where bitcoins are actually stored. I know they're digital, but I'm curious about the specific location or medium where these cryptocurrency tokens are kept safe.
6 answers
Valentina
Wed Dec 25 2024
Cryptocurrency does not physically reside in a wallet.
Was this helpful?
184
52
Margherita
Wed Dec 25 2024
Each node in the network has a copy of the blockchain.
Was this helpful?
242
31
Lorenzo
Wed Dec 25 2024
For bitcoin and its derivatives, the digital currency is stored and maintained in a decentralized manner.
Was this helpful?
45
93
TopazRider
Wed Dec 25 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services. These include spot trading, futures trading, and a wallet service. The wallet service allows users to securely store their cryptocurrency holdings.
Was this helpful?
285
80
DigitalDynasty
Wed Dec 25 2024
This decentralized storage is facilitated by a publicly accessible ledger.
Was this helpful?
89
79
Load 5 more related questions
