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Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

Banking & Finance

How to have a bit coin wallet?

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How to have a bit coin wallet?

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إجابة الخبير: Ahmad Hawamdeh

Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

There is many sites that give you a account to deal with Bitcoin:

Create a shared Bitcoin wallet by following these 5 steps:

  1. Download the Bitcoin.com Wallet app for iOS, Android, Windows, Linux, or Mac
  2. From the Home screen, tap the "+" in the Bitcoin Cash Wallets Menu to create a new wallet.
  3. From the "Add Wallet" menu, select "Create shared wallet"
  4. Set the 'wallet name', 'your name', 'total number of copayers' and the 'required number of signatures' needed to send BCH from the shared wallet. Note: 'Total number of copayers' is the number of people or devices that will have access to this wallet. 'Required number of signers' is how many of these people or devices will have to manually authorize a transaction before it can be sent.
  5. Create the wallet and then share the invite code with the other people who you want to join the wallet. This code can also be scanned or the block of text copied and pasted

The most common Bitcoin wallet is Blockchain wallet (the wallet is called Blockchain, after the technology which underpins Bitcoin).
 
It is a software wallet that is simple to set up and provides the security benefits of coin ownership. This guide will explain the steps needed for you to open your own Bitcoin wallet.
 
Before we move on, it’s important to understand key terms associated with a wallet. 
Make sure you bookmark the page, as there have been many cases of phishing sites that mirror Blockchain.info’s site.
 
As a precaution, you should also examine the URL and look for “Blockchain Luxembourg S.A.R.L [LU]” Certificate to authenticate that this is the original site.
 
 
Create a new wallet by entering your email and a secure password. It’s good to have a long and arbitrary password to better secure your wallet.
 
If you have a tendency to lose it, make sure you note it down and store it somewhere safe. Click on “Continue” to proceed and you’ll receive a confirmation email.
 
Once you’re logged in, go to the “Security Center” tab on the left side of your dashboard and click on “Backup Phrase”. This is the first level in securing your wallet.
 
Print the “Recovery Sheet” and write down your 12-word recovery phrase. Be extra careful to ensure that you’ve written the correct word and letters. Store the Recovery Sheet in a safe place.
 
Enhance your security by moving towards “Level 2” of the Security Center. Link your mobile number to your wallet and enable 2-Factor Authentication.
 
(See more: Guide to Cryptocurrency Security: Activating 2FA)
 
Secure the final level in your “Security Center” by blocking IP addresses from the TOR network
 
You can begin to receive Bitcoin or Ethereum in your wallet from an exchange or import a paper wallet to start trading.
 
Go to your dashboard and click on “Request” to access your Bitcoin/Ethereum address, where you can start receiving Bitcoin and Ethereum. 
 

إسأل Accountant

Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

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