How to move your bitcoin from a public exchange like Coinbase to your computer or any hard drive, using Electrum Bitcoin Wallet.
Secure Download – Electrum official website:
Setup new Bitcoin wallet.
What is the benefit of SegWit?
The increased capacity to store more transactions means lower transaction fee, more transactions per block = faster transactions. In addition to that, it would also fix transaction malleability, an attack that lets a person change a Bitcoin transaction unique ID before the transaction is confirmed on the Bitcoin network.
Remember to WRITE DOWN on PAPER your 12 word phrase (IN ORDER) and your newly created password. DO NOT LOSE THIS AND DO NOT GIVE TO ANYONE ELSE… EVER! KEEP IT SAFE! YOUR MONEY DEPENDS ON IT!!
Send your Bitcoin from Coinbase using your newly created BTC address.
When you need to move your crypto back onto a public exchange you’ll simply use the Send feature.
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