Bitcoin Walletby Dominique V. King Promotions
How to Create a Wallet for Storing Bitcoin Recommended Features
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- DIFFERENT WALLETS OPTIONS
Review on Bitcoin WalletBefore you go ahead and buy Bitcoin with credit card or debit card, you first need to create a wallet where you will store your Bitcoins.
In simpler words, a Bitcoin wallet is like a personal bank account that helps you send, receive and hold onto your Bitcoins.
Depending on how many Bitcoins you want to buy, you might choose one of the following options for storing BTC:
Desktop wallets - Easy to use and very secure
Hardware wallets - Outstanding security
Online wallets- Very convenient
Paper wallets - Budget option thats also secure
In short, if you are trying to figure out which Bitcoin wallet is the best to buy Bitcoin online, we suggest that you use a desktop wallet.
These offer the best balance between security and reliability.
So, to create a desktop wallet:
1st Step: Head over here - https://electrum.org/#download.
2nd Step: Download Windows, Mac, or the most suitable wallet for your operating system.
3rd Step: Then, install the software and create your Bitcoin wallet.
4th Step: Next, go to the Receive section and copy your Bitcoin address, which looks like a string of characters.
In case you need more information, here is a detailed overview of the best Bitcoin wallets:
Desktop Wallet - Ease of use and security
If you are looking for a wallet that allows you to buy Bitcoin instantly with credit card or debit card, we suggest that you use a desktop wallet.
This option is both safe and easy to use.
Pros: These Bitcoin wallets are downloaded and installed on a computer and can only be accessed from the device they are installed on. This is also part of the reason why they are so secure.
They can be installed on several devices and synchronized automatically.
Cons: Just to be safe, you should keep a backup of your wallet on a USB drive, because any damage done to your computer may affect your funds.
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Created on Apr 19th 2020 02:08. Viewed 466 times.
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