Posted on Leave a comment

How to create a Bitcoin wallet?

The easiest way to create an account, or wallet. Here is the company we recommend as they are very easy to set up.

https://blockchain.info/wallet/#/

To create an act go to the address listed, then at the top left there is a green button that says ‘Create a free blockchain wallet’. Click that and go through the progressions to create the wallet. It should only take a few minutes. Once you are done, it should open to a page that will have your wallet address listed on it.

It should say: ‘This is your Bitcoin address’ with a long series of letters being it, looking something like this: œ1Gm4pN9FBtgtaftVJdVVyelBswaMztTZuiâ

You must remember all of this info, as if you lose it there is no way to get back in here. So save the PW and userID somewhere safe!

Next you will want to buy some bitcoins to put in your wallet. Now, there are many ways to buy or obtain bitcoins. There are many exchanges where people are offering to sell BTC. When they are selling the BTC ( bitcoins) they will sometimes charge a fee depending on how you pay for them. Most exchanges have some type of escrow system they use so you or the seller is not ripped off. On many exchanges you will find a seller of bitcoins and see what payment methods they accept. Most will take Paypal, some will take a bank deposit ( you will deposit $ in their bank acct), others will meet in person to exchange cash, and may other ways.

Here is a website with many different exchanges you can buy BTC on https://www.bestbitcoinexchange.io

I like to use Local bitcoins, but theres many on there that work well. https://localbitcoins.com/?ch=6udq

There is another service called ‘Wall of Coins’ that allows you to create an acct and deposit some cash into someones bank account and then have bitcoin transferred in to your bitcoin wallet. We have a blog post on this as well.

Leave a Reply

Your email address will not be published. Required fields are marked *