While exchanges are a great way to easily buy Bitcoin, they are not the safest way to store your Bitcoin.
The safest way to store Bitcoin is through hardware wallets that store the private keys to your bitcoin off-line with a multi-word seed backup. Examples of popular and inexpensive hardware wallets are:
Mobile wallets on a phone like Cash app, Strike and Blue are good for storing a small amount of Bitcoin to use on the go, but they are not very secure since they can more easily be broken, stolen, hacked or lost.
