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information is subject to possible correction. So, how do you safely handle your Bitcoins? Current Bitcoin Exchange Rate The exchange rate varies daily and is affected by all users in the ecosystem, but never by interest rates or central institutions, as bitcoin is a decentralised currency. Most of the hacked exchanges were based in Asia. That means no one can cheat, scam, or otherwise fraud the system. But, one thing that scares most people, when it comes to cryptocurrencies, is safety. For cold storage wallets and backup wallet passphrases at home, store them in a bitcoin safe