Beginner's Guide to Bitcoin Wallets

In order to send or receive bitcoins, you need to use a Bitcoin “wallet”. Learn what a wallet is, the different types, and how to use them.

What is a Bitcoin Wallet?

In order to send or receive bitcoins, you need to use a Bitcoin “wallet“. But unlike a wallet in the real world that actually holds your cash (and debit and

What is a Seed Phrase?

In the early days of Bitcoin, a wallet only generated one private key, which meant there was also only one public key and one address. Nowadays, crypto wallets now give you the ability to generate an

Why Are Bitcoin Wallets Needed?

What is the purpose of using a Bitcoin wallet? Why is a crypto wallet needed anyway? In order to understand why Bitcoin wallets are needed, we need to look at

Which Bitcoin Wallet Should You Use?

Should you use a hot wallet or cold storage? A mobile wallet or a hardware wallet? It depends. The best Bitcoin wallet for you will depend on your preferences across three

How to Send Bitcoin

Fortunately, just like sending NSFW selfies, sending bitcoin is a pretty simple process. In order to send or receive bitcoins, you need a “wallet”. The exact process for sending bitcoins

How to Receive Bitcoin

In the previous lesson, you learned how to send bitcoins, now it’s time to learn how to receive them. Receiving bitcoin is an even simpler process than sending. (Just like receiving selfies is even simpler

Do Bitcoin Wallets Store Bitcoins?

What does it actually mean to “store crypto”? A popular misconception about crypto wallets is that they contain or actually store actual crypto. In Bitcoin’s case, this means that some people believe that Bitcoin wallets actually

Putting It All Together: The Bitcoin System

What is Bitcoin? While there are many different ways to answer this question, now that you’ve gone through the previous lessons, you can now answer with confidence! Let’s now take