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Topic: What is Bitcoin Wallet? - page 12. (Read 1422 times)

member
Activity: 168
Merit: 10
January 29, 2018, 06:46:06 AM
#62
It is a digital wallet that you can use through your devices like laptops and smartphones. It can convert your country's currency to Bitcoin anytime and anywhere. There are also wallets that are so user-friendly that it has partner banks and establishments for you to easily cash-in and cash-out from the application.
legendary
Activity: 2576
Merit: 1043
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January 29, 2018, 06:30:23 AM
#61
When we heard the word wallet, what is the first thing that comes into our mind? Isn't it "storage of money"? Our money has been stored in our wallet then bitcoin wallet is like a tangible wallet too. Bitcoin wallet is the place where we store our bitcoin. Before you try to transact, you must have a bitcoin wallet first. You can obtain it by generating it or it automatically generates as you register.
sr. member
Activity: 672
Merit: 253
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January 29, 2018, 06:12:08 AM
#60
I have been using my local bitcoin wallet in my country and the reason I use my local bitcoin wallet is because I think using a local bitcoin wallet that exists in my country this will certainly tend to be safer. besides, of course there are some things that I get and, among other things, I think I do not have too much trouble to transfer the fiat money assets I have exchanged from bitcoin assets in my local bitcoin wallet to my bank account.
newbie
Activity: 51
Merit: 0
January 29, 2018, 05:51:28 AM
#59
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets. A hot wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure. The second type of wallet is a hardware wallet. They maintain high levels of security to protect your coins by storing your coins offline. Offline storage keeps your coins and ata out of reach from hackers.
full member
Activity: 518
Merit: 101
January 29, 2018, 05:50:52 AM
#58
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Good discussion about bitcoin wallet that is very useful for newbie for them to understand what really bitcoin wallet is. Maybe it would be a lot better if you include the safety measure one should consider when having a bitcoin wallet.
sr. member
Activity: 686
Merit: 253
January 29, 2018, 05:40:31 AM
#57
A bitcoin wallet just like any other fiat or cryptocurrency wallet is  a storage  for in this case "bitcoins" and securely stores the bitcoins with advanced encryptions which can be personalized with private keys that can be generated and kept safe from the public.
full member
Activity: 1106
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January 29, 2018, 04:50:06 AM
#56
Bitcoin wallet is a digital wallet it is important to have this wallet because it is an important steps in obtaining bitcoins. Because bitcoin wallet is use to store, send and receive bitcoins.

A bitcoin wallet is a type of storage place for storing bitcoin in a safe place and it yes to store withdraw and exchange your money in a good and safe way this is the uses of bitcoin's wallet .
newbie
Activity: 15
Merit: 0
January 29, 2018, 04:39:46 AM
#55
Bitcoin wallet is like a pocket or bank account where you can deposit your money or BTC.It is a way where you can invest or spend and receive your money or BTC.
member
Activity: 1041
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January 29, 2018, 04:27:02 AM
#54
   Bitcoin wallet is the first step in using bitcoin. Without this wallet you can't receive,store and spend bitcoins. It is your online digital bank or your personal interface to the regular monetary system. It contains private keys,secret codes and password  that makes your wallet safe and secure.
newbie
Activity: 95
Merit: 0
January 29, 2018, 04:09:24 AM
#53
Bitcoin wallet is a wallet which is used to store our currency in a safer way ..In that we are provided with a private and public address but we want keep safe of our private address because if anyone knows our private key they will withdraw our amount..
full member
Activity: 1022
Merit: 100
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January 29, 2018, 04:04:30 AM
#52
Bitcoin wallet is your saving account. That digitally controlled by only you Cheesy you can use it at any time when you needed. One kind of bank of yours whose owner is only you. Cheesy to earn bitcoin you must have your bitcoin adress. I like to use coinbase as my bitcoin wallet;)
newbie
Activity: 56
Merit: 0
January 29, 2018, 03:53:59 AM
#51
Bitcoin wallet is like a wallet where you put your bitcoin to secure it. It comes from a different form, online or hardware wallet. It is also responsible for making transactions, sending and receiving bitcoins.
newbie
Activity: 30
Merit: 0
January 29, 2018, 03:18:12 AM
#50
A bitcoin wallet is where you will put your bitcoin to be safe. I use coins.ph for my bitcoin wallet. It is safe and you don't need to worry about it.
newbie
Activity: 58
Merit: 0
January 29, 2018, 03:15:33 AM
#49
Bitcoin wallet is a privacy bank, that keep, receive and save your digital coin. It is a keeps digital blockchain of bitcoin.
member
Activity: 392
Merit: 12
MINTER
January 29, 2018, 03:06:20 AM
#48
Bitcoin Wallet is a wallet that is used to store bitcoin currency that we have, like storing regular money in a pants pocket. but in this case bitcoin wallet is stored in a particular site that does provide a service to make bitcoin wallet.
brand new
Activity: 0
Merit: 0
January 27, 2018, 09:25:17 AM
#47
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.
Yes, that's all correct of course. But what about how reliable the bitcoin wallet is? Which wallets are better, online or offline ones, or is a paper wallet the best thing to open and go and hybernate?
full member
Activity: 350
Merit: 102
January 27, 2018, 09:58:52 AM
#47
Bitcoin wallet is comes in many forms; desktop, mobile, web and hardware are the four main types of wallets. Bitcoin wallet is a software program where Bitcoins are stored that you can use to receive, send, and store bitcoin.
newbie
Activity: 42
Merit: 0
January 23, 2018, 09:30:20 PM
#46
In my opinion, Bitcoin Wallet is a very secret application using private key, this application can be downloaded to software to our personal computer and do not let any one who know it, we also have to have Bitcoin wallet to simplify the transaction, the excess can easily transacting even on the way. There are several types of Bitcoin purses one of them desktop wallets and cellular wallets.
full member
Activity: 224
Merit: 100
January 23, 2018, 09:25:45 PM
#45
Bitcoin wallet is an app or a program in smartphone or in PC where you can store you bitcoin.It is a digital wallet that needs internet in order for you to cash in,cash out and in any trnasaction youll made.Bitcoin wallet is safe and secure and also in is more convenient because you can use it anytime,anywhere as long as you have internet connection.
sr. member
Activity: 602
Merit: 250
January 23, 2018, 09:25:02 PM
#44
whether bitcoin wallet can move ownership?
what do you mean?

whether bitcoin wallet can move ownership? this is a simple thing, you just give your username, wallet id, password, and private key wallet to the person you want. I think it has moved ownership
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