Do you have Bitvoin wallet? If no, you are surely missing out. In this guide, I will show you how to create a bitcoin wallet with Blockchain. When you are done, you will be a proud owner of the bitcoin wallet which you can use to make or send out btcoin.
What is Bitcoin?
Bitcoin is an electronic currency that you can use to buy things online. It’s a crypto-currency, meaning you cannot not hold it as a typical bank notes.
Like paper money and gold before it, bitcoin is a currency that allows parties to exchange value. Unlike it predecessors, bitcoin is digital and decentralized. For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.
Why you need Bitcoin Now
You use bitcoin for many of the same reasons you opt to send an email, stream a movie, or download a song. It’s faster, cheaper, more secure and immutable. And its uses extend beyond the peer to peer payments. In many places, bitcoin is less volatile than the local currency so some use it to store value while others use it to consume at hundreds of thousands of vendors across the globe and online.
Bitcoin is highly acceptable in different online outlets like online stores, bitcoin donation systems, and more. The value of Bitcoin is rising everyday a it’s popularity increases.
Read Also: Turn N4,500 to N18millon with FIVE2BTC [BITCOIN]
What is Bitcoin Wallet
Bitcoin wallet is like a bank where you store your bitcoin. In Nigeria, people save their money in the banks. But in the internet, we service bitcoins in Bitcoin wallet.
There are many bitcoin wallets out there. But the most popular one is called Blockchain. I will show you how to open it right now. Read on…
How to create a Bitcoin Wallet with Blockchain
- You must have a valid email address
- Go to *blockchain.info*
- Click *wallet*
- Click *create new wallet*
- Follow the procedures
- You will be sent a mail
- Then confirm
- Then login with your details
- After successful login, you will see *send* and *receive*
- Click *receive*
- You will see a long alphanumeric character, that you were told to copy,
*copy* it ( like this
19jGTRH3DwM4FViqMFdwK5dTjNHWv6rFGV) - Go to your *Notepad* paste is there and save it so you can use it at anytime
- That is your *wallet address* and U will be using it to *collect* and *receive* Bitcoin
Read Also: Make Money Buying and Selling Bitcoin in Nigeria
What Next…
Now that you have a bitcoin wallet, you can use that you receive or send bitcoin across the internet.
Many of you may need Blockchain account to join networks like Five2BTC or Zarfund. A:; of the require that Blockchain bitcoin wallet.
Feel free to ask questions in the comments section.