Digital wallet or Bitcoin wallet. Explains how to create for free and easily:
To store their crypto, the owners of this digital asset will keep it in a blockchain wallet, one of which is a bitcoin wallet.
In this case, a correct understanding is needed regarding how to choose the best wallet that will be used to store crypto.
Well, if you are looking for a good bitcoin wallet with a good reputation and credibility, and is very safe to use to store your assets, then you can create one on Blockchain.com.
Are you curious about how to make it? Take a peek at the complete guide in the description below!
What is a Bitcoin Wallet?
Before knowing how it’s a good idea to understand what a bitcoin wallet is. Talking about bitcoin wallets, you should also know about digital wallets first.
A digital wallet itself is software that will store private and public keys, which are blockchain-based, to allow owners of crypto assets to receive and send assets while also monitoring their balance.
This digital wallet is the same as wallets in the real world, but the difference is that digital wallets move on the blockchain network, and of course, they are digital-based, so they are a little different from the everyday wallets used.
Meanwhile, a bitcoin wallet—as the name implies—is a digital wallet that will be used to store your Bitcoin crypto assets. After having this bitcoin wallet, you can later transfer and receive Bitcoins from fellow users and other service providers.
Why Are Bitcoin Wallets So Important?
The question that might cross your mind is, “Why is this bitcoin wallet so important?”
This wallet is essential because the existence of this digital wallet is indeed one of the requirements as well as a way to start getting bitcoin or other digital assets.
Bitcoin wallet or bitcoin wallet, also commonly referred to as an electronic wallet (electronic wallet), will later become a place that collects ownership of the crypto assets that you have.
Therefore, its role is vital, especially for users and owners of digital assets, so they must create them.
It would help if you also remembered that Bitcoin is a digital asset that does not have a physical form. Therefore, the place to store it or the wallet will be digital.
Create a Bitcoin Wallet Easily
Making this bitcoin wallet is very easy and even free of charge. Interesting right?
However, sometimes you will be charged a fee (deduction), usually when you transfer crypto assets between different wallet providers (platforms).
Currently, there are many bitcoin wallet platforms that crypto asset owners can choose from, and one of the most popular is Blockchain.com.
Prepare This Before Creating a Bitcoin Wallet
If you are interested in creating a bitcoin wallet right now, then there are a few things you need to prepare.
For information, later, you can create this wallet for free on online wallet provider sites.
All you need to prepare for the process of making this wallet is an email and an identity card (KTP).
For Android smartphone users who want to register via cellphone, you can use the email written on your smartphone.
Next, you can follow the steps given by the site until the wallet registration is successful.
How to Create a Bitcoin Wallet on Blockchain.com
As one of the best and most trusted bitcoin wallets in the world, Blockchain.com has become the choice of many people as a wallet provider service that will be used to store crypto assets.
The following is a guide on creating a bitcoin wallet on blockchain.com that you can try.
1. Visit Blockchain.com
As a first step, you need to log in or visit the blockchain.com site. After logging in, please click the “Create Your Wallet” button.
The next step is that you need to register to create this bitcoin wallet. The trick is to fill in the email and password used for your wallet.
3. Identity Verification
Then, you must verify the identity requested by this blockchain.com site.
4. Bitcoin wallet is ready to use
If the above process has been successfully carried out, you already have a bitcoin wallet. Congratulations!
You also need to know that this digital wallet can later be used to accept various types of crypto assets.
However, it is also important to underline that each address is usually specific, aka only one type of crypto asset. Check out other updated articles about the world of digital assets only at Indodax Academy.