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Cryptocurrency for Beginners

How Do I Get A Bitcoin Wallet? In 3 Easy Steps

1 min read
You can easily get a Bitcoin wallet at Bitcoin.org. But did you know that there are hundreds of cryptocurrencies? And that each cryptocurrency runs on a different algorithmic system (also called blockchain)?

How Do I Get A Bitcoin Wallet? In a few Easy Steps

You can easily get a Bitcoin wallet at Bitcoin.org. But did you know that there are hundreds of cryptocurrencies?
And that each cryptocurrency runs on a different algorithmic system (also called blockchain)? So, instead of focusing on a just bitcoin wallet, would you not prefer a multi-cryptocurrency wallet instead to store your Bitcoin more easily?

You can easily get a Bitcoin wallet at Bitcoin.org. But did you know that there are hundreds of cryptocurrencies? And that each cryptocurrency runs on a different algorithmic system (also called blockchain)?

So, instead of focusing on a just bitcoin wallet, would you not prefer a multi-cryptocurrency wallet instead to store your Bitcoin more easily?

 

How Do I Get A Bitcoin Wallet?

Statista reported 50 million Blockchain wallet users at the end of June 2020.

However, that doesn’t mean that all Cryptocurrency Wallets are created equally. There are several types of cryptocurrency wallets.

I recommend the Exodus cryptocurrency wallet for those new to cryptocurrency.

It is safe, secure, reliable and most importantly BEGINNER FRIENDLY! Oh and it’s completely free to use!

They make money by offering in-wallet cryptocurrency exchange service. But it is completely free to send and receive cryptocurrency.

 

Step 1: Download Your wallet

If you are on a desktop computer/laptop, go to Exodus.io and download your wallet if And if you are using your phone, go to you app store or play store.

You’re ready to go.. yayyy!! But we’re not going to stop here. Smartphones get lost and computers crash.How Do I Get A Bitcoin Wallet? In 3 Easy Steps☠

 

Step 3: Now Back up and Secure Your Wallet

You will be directed to your portfolio which will be empty.

Select to theHow Do I Get A Bitcoin Wallet? In 3 Easy Steps settings iconHow Do I Get A Bitcoin Wallet? In 3 Easy Steps on the bottom right corner.

4. Then Back Up and you are going to see “Are you being watched?”

5. Click on “View Secret Phrase”.

6. You will see 12 blank spaces:

 

7. Then scroll down How Do I Get A Bitcoin Wallet? In 3 Easy Steps to the bottom of the screen until you see all of the 11 words

 

VERY IMPORTANT! Write all of these on a piece of paper and never give it to any one

PRO TIP: The passphrase is also called your private key. Your private key works like your login and password. Giving this out will give the person access to your wallet and its contents.

Public Key vs. Private Key: What’s the difference?

 

Conclusion: What now?

First of all, Welcome to the Cryptocurrency Revolution! Congratulations! If you are wondering what to do now, check these two articles out: I Have A Bitcoin Wallet, Now What? I have Bitcoin, Now What? 2 Possibilities

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