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Bitcoin Wallet

 

 

What Is Bitcoin Wallet?

A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user.  The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets.

How To Choose a Bitcoin Wallet?

There are two types of bitcoin wallet, offline wallet and web wallet. For starters I suggest you should choose a web wallet. Why? Because web wallet is an online wallet, easy to use, without downloading and synchronizing every day.

There is so much online wallet offers their advantages, such as the fee and security. But, there are two online wallets of the most known; Blockchain.info and Coinbase.

The advantages of Blockchain.info :
- Web
- Mobile app 
- Block Chain explorer
- Keys backup
- You can control private key
- Easy to use
- Custom fee  
- Friendly user interface

The advantages of Coinbase :
- Web
- Mobile App
- Easy to use
- Cheap transaction fee 
- Link Bank Account  
- Pay by email
- Merchant service

Choose what you need, and welcome to the bitcoin world!

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