What is Bitcoin Wallet

Bitcoin is a cryptocurrency created in 2009 by Satoshi Nakamoto. The cryptocurrency is made out of blocks and it can only be used for online transactions to receive or send payments. It is a descentralized payment system and it does not have a physical form such as dollars or euros. This means that Bitcoin is not controlled by anyone and the only way to create Bitcoin is to mine it using advanced hardware. In order to initiate Bitcoin transactions you need to have a Bitcoin Wallet. Bitcoin wallet is the place where you deposit your cryptocurrency after purchasing it or where you can receive it or even send it to others. On our website GetbtcBitcoin.com you may find what are the most recommended type of wallet for Bitcoin and other cryptocurrencies.

 

Blockchain wallet

Blockchain is a transaction platform for Bitcoin, Ethereum, Ripple and other cryptocurrencies created a few years ago. This website is the safest place to send or receive cryptocurrencies and it is the most popular platform amongst Bitcoin fans. This website offers the most secure Bitcoin wallet online for its users. Creating an account is very simple, you just need an email address. Blockchain does not request any personal information so everything is annonymous and your identity is protected. After creating an account you will get access to your Bitcoin wallet and you will be able to generate unlimited addresses. For each Bitcoin address, Blockchain will offer its QR code too to send and receive Bitcoin fast and safe.

 

Ledger Nano Wallet

Ledger Nano is a hardware wallet for Bitcoin and other cryptocurrencies. It is an USB stick that can be purchased here and it is the most secure wallet on the market. It is protected by a pin code and 12 recovery phrases. You can deposit on it Bitcoin, Ethereum, Dogecoin and many other cryptocurrencies. Ledger Nano wallet it is a hardware device it is protected against hackers attacks. This wallet may also be used to transactioning Bitcoin directly without any other online platforms.

 

Ledger Nano S - The secure hardware wallet