Creating a Bitcoin wallet is as easy as installing software on your mobile device or laptop/desktop.
When you install the app, your Bitcoin wallet is automatically created. You can then receive bitcoin to your wallet immediately, store it safely, and use it as you please.
There are a number of wallet apps on the market from a variety of vendors and with different features to choose from. We welcome you to try the Bitcoin.com Wallet, the fully self-custodial crypto wallet trusted by millions.
The Bitcoin.com Wallet is what's known as a 'software wallet'. Quality software wallets provide an excellent combination of security and ease-of-use. Depending on how you're using your bitcoin though, you may want to consider another wallet type. Here's a rundown on the different types of Bitcoin wallets and their respective pros & cons:
Tip: Make sure the software wallet you’re using is fully self-custodial like the Bitcoin.com Wallet, meaning only you can access your crypto — not the wallet provider. This protects you from the risk of fraud or bankruptcy by the wallet provider.
Read more: What features to look for in a Bitcoin software wallet.
Tip: Hardware wallets are well worth the initial cost — especially if you own a lot of bitcoin. To make sure the device isn't compromised, only buy one from a company you can trust.
Tip: CEXs are not a secure place to store digital assets. Once you’ve bought your bitcoin, you're advised to move it to your software or hardware wallet if you don't plan on trading it immediately.
Paper wallets are created by downloading a software package, then running the software (for security, preferably in an offline environment) to generate a public/private key pair which you print out on a piece of paper. Having created a paper wallet, you can send any amount of bitcoin to the wallet address. To spend it, you use the private key written on the paper to sign the spend transaction.
Like hardware wallets, paper wallets allow you to store bitcoin completely offline. This makes them a lower-cost alternative to hardware wallets.
Since the public/private key pair is written on the paper, handing over the paper to another person is similar to handing over a cash note. This makes paper wallets a novel way to exchange bitcoin face-to-face.
You can create your own Bitcoin Cash paper wallets at Bitcoin.com Paper Wallet.
You can learn how to create a Bitcoin paper wallet here.
Understand how the self-custodial model puts you in charge of your cryptoassets and protects you from third-party risk.
Make sure your cryptoassets are safe with these simple tips.
To receive bitcoin, simply provide the sender with your Bitcoin address, which you can find in your Bitcoin wallet.
Sending bitcoin is as easy as choosing the amount to send and deciding where it goes.
Understand how the self-custodial model puts you in charge of your cryptoassets and protects you from third-party risk.
Make sure your cryptoassets are safe with these simple tips.
To receive bitcoin, simply provide the sender with your Bitcoin address, which you can find in your Bitcoin wallet.
Sending bitcoin is as easy as choosing the amount to send and deciding where it goes.
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