Topic: Can we have a newbie Bitcoin wallet? - page 3. (Read 469 times)
There is no special wallet for newbies, all the wallets can be used by a newbie,depending on the amount of funds that you want to store in your wallet. There are hot wallets that are easy to use,all you need to do is to download the wallet and create it,with this you can use to store little bitcoin for your daily spending. One the other hand if you want to a wallet for saving a huge amoynt of your bitcoin,you will need a hard ware wallet which you have to use on an airgap device. Electrum is an easy wallet can a newbie can easily understand how to use it.
In contributing to that I also think there should be tutorials held here on bitcointalk forum to educate newbies on the basics of crypto and also how to exchange them . Speaking from experience since I'm also a newbie ,I still find it difficult to understand how to change my coins to money .
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn more about crypto, I've learned that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have a crypto wallet.
So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user-friendly to newbies thereby helping them to learn all the basics of Bitcoin wallets so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, sending, and receiving coins and doing other things like message signing will be less complicated for newbies and will also make the use of a Bitcoin wallet an easy task for all newbies
I think creating a wallet for newbies is not the best thing to do. Newbies should be educated not to share their seed phrase or private key and not to connect their wallet to an unknown site So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user-friendly to newbies thereby helping them to learn all the basics of Bitcoin wallets so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, sending, and receiving coins and doing other things like message signing will be less complicated for newbies and will also make the use of a Bitcoin wallet an easy task for all newbies
A lot of mobile wallets are already pretty easy to use (outside of the typical 12-24 word backups that most people don't like). Check out BlueWallet — it's pretty much the wallet I recommend all the time to the newbies.
https://bluewallet.io/
https://bluewallet.io/
It is not really rocket science, possible for anyone to understand who has the ability to read, and understand what is the meaning of deposit/ receive and send.
Let's say you are downloading Electrum as your Bitcoin wallet, you can find the Download link on their official website.
https://electrum.org/#download
Once you downloaded the wallet.
Setting up your wallet:
1. Launch Electrum then You'll be prompted to create a new wallet or restore an existing one.
2. Choose "Create a new wallet" and click "Next."
3. Select "standard wallet option" and click "Next".
4. Choose you want to create a new seed then Electrum will generate a seed for you.
5. write down this seed and keep it in a safe place. This seed is essential for wallet recovery.
6. Confirm the seed by entering it in the next window.
7. Set a strong password for your wallet and click Next.
Now you completely set up your wallet.
Receiving Bitcoin:
Click on the "Receive" tab to generate a receiving address. You can generate multiple addresses if needed.
Sending Bitcoin:
1. Click on the "Send" tab.
2. Enter the recipient's Bitcoin address, the amount you want to send.
3. Choose the right fee as suggested by Electrum, you can also use https://mempool.space/ to find the actual fee and click "Send."
If you still need any tutorials then you can use Helpful Guides For Newbie on the Electrum Wallet posted by Ratimov.
Let's say you are downloading Electrum as your Bitcoin wallet, you can find the Download link on their official website.
https://electrum.org/#download
Once you downloaded the wallet.
Setting up your wallet:
1. Launch Electrum then You'll be prompted to create a new wallet or restore an existing one.
2. Choose "Create a new wallet" and click "Next."
3. Select "standard wallet option" and click "Next".
4. Choose you want to create a new seed then Electrum will generate a seed for you.
5. write down this seed and keep it in a safe place. This seed is essential for wallet recovery.
6. Confirm the seed by entering it in the next window.
7. Set a strong password for your wallet and click Next.
Now you completely set up your wallet.
Receiving Bitcoin:
Click on the "Receive" tab to generate a receiving address. You can generate multiple addresses if needed.
Sending Bitcoin:
1. Click on the "Send" tab.
2. Enter the recipient's Bitcoin address, the amount you want to send.
3. Choose the right fee as suggested by Electrum, you can also use https://mempool.space/ to find the actual fee and click "Send."
If you still need any tutorials then you can use Helpful Guides For Newbie on the Electrum Wallet posted by Ratimov.
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
Many Bitcoin wallet softwares are available for everyone. You can choose either custodial wallets like online, exchange account wallet or non-custodial (self-custodial) wallets which are more recommendable to use.No thing like wallet for newbies as even non-custodial wallets are easy to use for newbies.
Reminder: Do not keep your money in online accounts
Recommended wallets
Electrum wallet is convenient to use as it is non custodial, light in storage space, available for desktop and mobile.
[Guide] How to safely download and verify Electrum wallet
It is just simple as do not let anyone to know your seed phrase. Anyone that knows your seed phrase will steal your bitcoin. Backup your seed phrase not online but offline on paper or steal sheet and have two copies of it. Avoid phishing.
Address is what you will give to people to send you bitcoin.
What should be known again for newbies? Nothing.
Use Electrum wallet or Sparrow and enjoy using them.
Read very well about malware. Also about passphrass.
Address is what you will give to people to send you bitcoin.
What should be known again for newbies? Nothing.
Use Electrum wallet or Sparrow and enjoy using them.
Read very well about malware. Also about passphrass.
So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins and do other things like message signing will be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
On top of the this board there is guide on bitcoin wallets, here is the thread, if you read through this you will definitely find a lot of information regarding various wallets.
As for the wallets that have say tutorial in built in them they are certainly few, although short demos are there to guide you for your first transaction but to have everything as a tutorial I think only centralized exchanges actually offer this functionality. The most common one is the binance Academy.
But this isn’t a wallet but an exchange so do not go and save your funds there. Stick to wallets and if you run into any problems you can simply bring it up on the forum, there are capable hands to help you
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins and do other things like message signing will be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins and do other things like message signing will be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
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