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Storing coins on an exchange may seem convenient but consider self-custody alternatives such as hardware wallets instead. Using Strong Passwords and Passphrases One of the most important things you can do to protect your Bitcoin wallet against brute force attacks is to use a strong password or passphrase. See this post: hash - Computational requirements for breaking SHA? Wallets can be accessed by hackers using various techniques and can even be locked by ransomware. Bitcoin wallets have been the focus of several hacking attempts in the past.
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