Bitcoin Forum

hello guys
sorry for this very simple question hiw i can open btc account to recieve money on it sorry first time ever deal with btc

You're lost dude! This thread should be on the beginners and help section (https://bitcointalk.org/index.php?board=39.0) But personally I   can suggest coinbase.com or blockchain.info as a starting bitcoin account/wallet as it was very easy to make.

thx maty for ur help

Don't use blockchain.info unless you want to lose your BTC.

No problem! And next time you want to ask questions as you are a newbie, kindly refer to the link I provided above (beginners and help section link) so you'll receive much faster and more response there

Problem solved? Lock this thread now.

Do you have a mobile phone? There are plenty of Android and IoS wallets that are very user friendly and will have you rolling in minutes. Some of the most popular ones are Mycelium for Android and Breadwallet for IoS.

The problem with blockchain.info is that it depends on your own security being good as anyone can log in from anywhere if they have your details. Most people aren't so hot at keeping their machines secure.

I second this. Stay away from blockchain.info wallet.

Watch couple of videos and read on the basics of Bitcoin to start and understand this first. 

Then you need to chose a wallet. I would suggest that you download Multibit for example. You can try Electrum as well but the GUI is nicer with Multibit. Then I would suggest you to watch some YouTube videos and tutorials. Just type Multibit Bitcoin wallet into Google and try to understand what happening.

If you are still confused after doing this, come back and ask questions.

Instead, try one of these "hot" wallets:


Mycelium (https://mycelium.com/)

Greenbits (https://greenaddress.it/en/)

Do not use blockchain.info, their service is terrible and they tend to screw things up massively. Please do not use them.

I recommend that you use a desktop wallet. I recommend that you use Electrum since it is lightweight and secure.

You can go to the Choose your wallet page (https://bitcoin.org/en/choose-your-wallet) of bitcoin.org. They list good and trusted wallets their that you are recommended to use.

what about xapo guys it is fees free and they offer credit card to cash out ur money from any atm do u recommend that guys

i heard xapo got hacked long time ago, and he comes back to open again their service, think again if want to use xapo.

I can't see any mention of that anywhere. Not my cup of tea but plenty of people are using them. They're also insured against hacks but only if it happens at their end.

Its never hacked I am using this for long time working very good and very simple to use for any person even newbie

ok guys i will use xapo looks prety cool i downloaded their app on my iphone and i will register a wallet thax for every for trying to help me out  :)

Instead of Xapo, I would go with other wallets that does not involve the storing of Bitcoin with a third party. Main reason being they can freeze your account or steal it. Wallets like hive wallet gives you control over your private keys.

Personally I don't suggest xapo as they require an identity verification to able for you to send coins on other wallet and to be able for the wallet to become fully functional.

It's just my own opinion as I hate verification shits online (for privacy purposes of course) but if you are fine with that verification thingy then go and use that wallet, who am I to stop you :P :D

Everybody keeps suggesting "online" or "mobile" wallets...

Please, do yourself a favour and use a good, secure wallet.... Chances are you'll be using this wallet for a long time, so you'd better take a secure one.

If you have time, a good pc with plenty of recources, and unlimited bandwith, i'd suggest bitcoin core... If not, i'd suggest electrum or multibit HD. I personally find electrum easyer to use, but that's my personal opinion.

Bitcoin Core would ultimately be the best choice for desktop wallet. They do not trust miners like what SPV do and is IMO the best full node that exist. SPV clients do trust miners unlike Bitcoin Core. The downsite of using Bitcoin Core is that a backup is required for every 100 transactions as it sends the change to a seperate address. Some SPV clients are hierarchical deterministic wallets. They generate the addresses from a seed which you backup the first time you use the wallet.

you can just choose the bitcoin wallet according to your needs like if you want online wallet and offline wallet
if you don't have much bitcoins then just choose offline wallet like blockchain.info.it's the best
After signup you will get your own bitcoin address which you can use to recieve bitcoins :D

What the hell? Blockchain.info is a offline wallet? It is the most absurd thing I have heard this week. It is definitely an online wallet and they do store your encrypted private key on their server. A offline wallet is a wallet that have not and will not ever connect to the internet. When going with an online wallet, blockchain.info should be the last you should go for.

you can just go to blockchain.info and create your online wallet easily

This is the wallet I've started with and I'm still using it, one of the best there is.

if you want to use web based wallet you can try blockchain.info as you have full control over your private keys (which means you are the only one who can send the funds in the address you own)

if you want a wallet on your mobile device you can try mycelium just search it on the play store

least, try using an exchange as your wallet :)

The first simple way to get a wallet must be an online wallet. It's same as simple as opening your gmail or yahoo mail account creation. Once you have opened, you must be ready with your bitcoin address and you are all set to receive you first bitcoin payment from any faucet.

it depends which wallet will you use for store your bitcoin and choose wisely do not choose just because it is popular
but choose because the wallet is pretty safe and never had a problem to use it

I would use bit-x for their debit card. I trust them more. But still, do not keep all of your bitcoins with them, create your own wallet.

Several online wallet providers have to comply with their laws in their jurisdiction. They have full control over your coins while they have none. Some wallet providers does not allow users to use it with various services and their account would get closed if they do.

Got rid of the font size... a little to big.   A online wallet or hot wallet is something you should keep spending money in, not a ton.   This amount veries depending on the individual.

Cold storage/harware are MUCH better for storing your actual holdings.  Not being online or linked to a computer online is a good thing.

Hi there, ok i have adjusted text size

since you are new to bitcoin i recommend starting out with coinbase until you get the jist of it. on coinbase you can make a wallet and sell/buy btc instantly.

The only downside to this is that coinbase only operates in a limited jurisdiction so you can't buy and sell Bitcoins anywhere. Secondly, there are reports that coinbase closes accounts without valid reasons.

Hi,

Your best option is to have a paper wallet for storing long term, as long as you can keep it safe.

For daily use something like armory or greenaddress.it is best

Thanks

You can use blockchain or coinbase.
Or use wallet in your pc:bitcoin core,multbit,electrum.

use wallet where you are in control of your coins.
Do not trust no 3rd party your coins.
Simplest will be bitcoin core, eletrum.

Might I suggest that you find a hard wallet, one that you can remove from the internet when you want to keep it safe.  I have a number of wallets through a number of providers.  This allows me to keep my BTC separated to help me keep track of where I bring my BTC in.  Just my opinion.