How to create a BITCOIN wallet address

At least by now you should have been able to understand more about Bitcoin and Cryptocurrency in general, now I am gonna give a simple guide on how to create and operate a bitcoin wallet account successfully, I hope you are learning and following quite well, please concentrate enough on this guide thanks.

Just like you have a Bank Account with different Bank having different Account Number; that is exactly the way your Bitcoin operates. You will have a Bitcoin Address (Bank Account – you can have as many as you want); a Bitcoin Wallet Address (Account Number – this is what you use to send or receive payment from people) and Bitcoin Websites (Bank – you can have different Bitcoin Wallet Address with different Bitcoin Website).

What is a Wallet?
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets. A software wallet and A web wallet or hosted wallet . A software wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain. A web wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins.

Though there are different type of web wallet or hosted wallet to which you can create a bitcoin wallet, the likes of Coinbase, Luno, Xapo, e.t.c but I will be using Blockchain as an example of Web wallet or Hosted wallet.  So, how do you have an account with BlockChain? BlockChain is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. You can send and receive bitcoins via email and buy and sell bitcoins directly from BlockChain. A full-featured Android app enables access to all account functions on the go

HOW TO CREATE A BITCOIN WALLET

Step 1: Go to www.blockchain.info Please, take note of the web address closely as there are  FAKE website to steal your bitcoin if care is not taken. 



Step 2Click on Wallet and Click on Create A FREE Bitcoin Wallet



Step 3: A new page comes up that requires you to fill correctly and click CONTINUE


Step 4: Then you are login and can start to SEND and RECEIVE Bitcoin



Step 5: You can click the Send Button to start sending Bitcoin and the Receive Button to start receiving Bitcoin into your Bitcoin wallet. Simple right?

So you've created your wallet and you want to fund it?,  you can reach me directly via my email oyebiyidavid@gmail.com

Comments

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  2. Putin’s Personal Trader Exposes How To Turn $10 To $100K

    Renegade Russian Analyst Reveals How To Turn $10 To $100K

    Have you seen this viral video?

    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!

    [Click here to watch this before it’s taken down]

    This is shocking.

    I didn’t believe this myself until I saw it.

    See for yourself.

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  4. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
    It will blow you away.

    ReplyDelete

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