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How to create Bitcoin wallet





how to create bitcoin wallet
Bitcoin is not just a mother of all crypto-currencies but also the no.1 world acceptable crypto coins in the market, by the merchants and the exchangers; and so many importants websites like iCharity Club, Fiverr, Bitsplan, Overstock etc now accept Bitcoin as payment option order than Paypal or Credit cards. However, that’s a big relief to those from countries banned of using Paypal for online payment. 

As the technology fast changes and all the market forces leading online, crypto-currencies appears to be the current trend, leading oil and gas, and in top Google and Bing search queries.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Bitcoin as "decentralized crypto-currency provides an outlet for personal wealth that is beyond restriction and confiscation".

While crypto-currency is the new advancement in digital secured payment system, where you can create a digital currency wallet and securely stored digital currency, most people are yet to come to the full knowledge of cryptocurrencies like Bitcoin, Ethereum, Litecoin, TheBillionCoin etc, being the future of money, and yet, the leading trend. 
 
 

What is Bitcoin?

 
 
Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
 
 

Creating Bitcoin wallet

 
 

Creating Bitcoin wallet is easier than creating Facebook account. You do not need a picture, captcha, username, address and all that. Only with your active email address, you can create your Bitcoin wallet in few clicks.
 
Since Bitcoin wallet is easy to create, and also easy to buy stuffs online, sell and store your bitcoin, it is such a fun that you have a total control over your money; unlike the government financial institution that trade on your money and you have limited knowledge of happening with your money.
 
With Bitcoin or other crypto coins, you have access full to your account details and control it since it’s your personal and private money account without any institution controlling or manipulating it.
 
You can carry with you your Bitcoin wallet in your everyday life even with your mobile, or you can get bitcoins by accepting them as a payment for goods and services. Your “Bitcoin wallet” is basically equivalent to your bank account. It allows you to receive bitcoins, store them, and then send them to others.

The first and foremost requirement you must have to create your BTC wallet is your active email address. When you have your active email address ready, you are good to go for creating your bitcoin wallet. There are many suits or platforms you can use to create your bitcoin wallet such as Blockchain.info, Coinbase.com, Bitgo.com etc.
 
For the purpose of this article, I’ll lead you through creating your bitcoin wallet using Blockchain.info, regarded as the best platform for creating a bitcoin (BTC) wallet. Nevertheless, you can own as many bitcoin wallets from different platforms as you can, but ensure you keep all their respective account details separately. 
 
There following bellow procedure should help you create bitcoin account with Blockchain.info, after which, you’ll be provided with your Bitcoin wallet address.

Click on “wallet

  • Click on “Signup” or “create new wallet” depending if you’re using creating the wallet from Blockchain or Blockchain app. 
  • Enter your email, password, confirm password and then click continue.
 
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  • You will be sent a confirmation mail to authenticate your registration.
  • Login to your email to confirm the registration. Should you not found the Blockchan confirmation email in your mailbox, endeavour to check your spam folder. Remember and very importantly, the confirmation email comes with your Blockchain (login link) Wallet ID. It is different from your bitcoin wallet address. The wallet ID act as your email address when you want to login to your Blockchain bitcoin wallet account. Find the login link in you confirmation email, looking like a series of numbers and dashes at the end of the link is your Wallet ID. Example: 01cs3np-672b-5an6-f7p3-645h36a8d7c9.
  • Then, login with your provided wallet ID (eg: 01cs3np-672b-5an6-f7p3-645h36a8d7c9.) and your password used during registration.
 
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Most time, for security sake, when you login with your wallet ID and password, there’s always ‘authorized login’ email sent to your email, where you need to visit your email and click on the “authorized login” to finally get into your Bitcoin wallet account.
 
After successful logged into your bitcoin wallet account, you will see “send” and “request” where you can use to send or request Bitcoin payment.
 
 
how to create bitcoin wallet3
 

How to track your Bitcoin Wallet ID and Address

 
 
Remember that your Bitcoin wallet ID is diferent from your Bitcoin wallet address. When you logged into your Blockchain Bitcoin Wallet Account, at the left sidebar of the page are ‘Home’, ‘Transaction’, ‘Security center’, ‘Settings’ and FAQ.

 how to create bitcoin wallet4
 

To track your Bitcoin wallet ID, click on “Settings” tab and you’ll see your wallet ID by the right hand side of the page. (only for login).
 
 
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To track your Bitcoin Wallet Address, click on “Settings” >> “Addresses” >> (My Bitcoin wallet) Manage >> (Used address) Show.
 
You will see a long alphanumeric character (like this: 18YaE6TkQsMGBj8QT8ZmM9sKfufFtCFPBt). That is your *wallet address* and U will be using it to *collect* and *receive* Bitcoin. 

 
 
How To Fund Your Bitcoin Account

 
 The simplest way to fund your Bitcoin wallet is by sending your Bitcoin wallet address using like this – (1GmYPaWgDbRNJLudNS9ox9nExDEpEvm9yH) to the bitcoin seller whom he or she will use to send you the number of satoshi or BTC. There also trusted online platforms you can buy your Bitcoin like Paxfull . It just about following the procedure.


How To Send Bitcoin Out
 
 
  • Login to your Blockchain account and you will see ‘Send’ and ‘Request’ tabs.
  • Click on Send tab for a pop up page where you can insert the Bitcoin address, amount either in USD or BTC and click on ‘Continue’.
In conclusion, your Bitcoin wallet address (eg: 1GmYPaWgDbRNJLudNS9ox9nExDEpEvm9yH) is different from your Bitcoin wallet ID (eg: 01cs3np-672b-5an6-f7p3-645h36a8d7c9), and they are like your bank account on blockchain. Bitcoin wallet ID is for loging into your Blockchain Bitcoin account while your Bitcoin wallet address is used to send and recieve bitcoin.
 

Thought we have showed some of things you need to know. In case you have some questions, click HERE to write or call us, or simply use the comment box below.





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