<blockquote>
<p>Currently my bitcoin is store in Exchange.</p>
</blockquote>
<p>Storing your coins on an exchange can be risky for a great number of reasons. There is a saying amongst bitcoiners: <em>not your keys, not your coins</em>.</p>
<blockquote>
<p>I wonder if I should simply generate bitcoin address and private key in BitAddress and send to this address and safely store the keys that was generated.</p>
</blockquote>
<p>It is generally a good idea to store your coins at an address that you alone control the keys for (<em>your keys, your coins!</em>). I wouldn't recommend using bitaddress though, or any other online wallet. This page is generally a good starting point for choosing a trustworthy wallet: <a href="https://bitcoin.org/en/choose-your-wallet" rel="nofollow noreferrer">https://bitcoin.org/en/choose-your-wallet</a></p>
<blockquote>
<p>But then how i could trade my bitcoin if they aren't on a Exchange?</p>
</blockquote>
<p>You send them back to the exchange, or even better, to a person that you are directly trading with. The wallet software you choose will have a 'send' page that you will enter the relevant info into, so that you can submit a transaction to the network. Once the transaction confirms (according to the exchange's policy), you should see your funds listed in your exchange account).</p>

CC BY-SA 4.0
2021-08-29T00:46:54.590Z
2021-08-29T00:46:54.590Z
chytrik
<p>Currently my bitcoin is store in Exchange. I wonder if I should simply generate bitcoin address and private key in BitAddress and send to this address and safely store the keys that was generated. But then how i could trade my bitcoin if they aren't on a Exchange?</p>

<security><storage><trade>
How do I get my bitcoin from exchange and put it on the bitcoin network (blockchain)? and how do i do something similar with ethereum?
Heitor Giacomini
# How do I get my bitcoin from exchange and put it on the bitcoin network (blockchain)? and how do i do something similar with ethereum?

(Asked by: username_0 on 2021-08-28)

Currently my bitcoin is store in Exchange. I wonder if I should simply generate bitcoin address and private key in BitAddress and send to this address and safely store the keys that was generated. But then how i could trade my bitcoin if they aren't on a Exchange?

**Tags:** security, storage, trade


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## 1 answers

### Answer by username_1 on 2021-08-29. Score: 0

> Currently my bitcoin is store in Exchange.

Storing your coins on an exchange can be risky for a great number of reasons. There is a saying amongst bitcoiners: *not your keys, not your coins*.

> I wonder if I should simply generate bitcoin address and private key in BitAddress and send to this address and safely store the keys that was generated.

It is generally a good idea to store your coins at an address that you alone control the keys for (*your keys, your coins!*). I wouldn't recommend using bitaddress though, or any other online wallet. This page is generally a good starting point for choosing a trustworthy wallet: <https://bitcoin.org/en/choose-your-wallet>

> But then how i could trade my bitcoin if they aren't on a Exchange?

You send them back to the exchange, or even better, to a person that you are directly trading with. The wallet software you choose will have a 'send' page that you will enter the relevant info into, so that you can submit a transaction to the network. Once the transaction confirms (according to the exchange's policy), you should see your funds listed in your exchange account).


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