What is Bitcoin Wallet?

[mr.bean865]

There are different valets of bitcoin currently exist and bitcoin valet is used to keep your bitcoin safe by different methods. When you have bitcoin, first thing you need is to place is somewhere safe and it is just like a bank and you are the only person to access to your account where you can send or receive bitcoin and convert in to some other coins as well.

[kyle999]

bitcoin wallet is like a wallet wallet and if bitcoin wallet namn bitcoin is fixed here the bitcoin wallet is very valuable before you start with bitcoin whether you invest or work in the forum.

[bitfocus]

Bitcoin wallet is your personal storage (like your personal bank) to keep your Bitcoins and you can send any amount of Bitcoin from your wallet to another person's wallet.

[Sab11]

Theres a lot of bitcoin wallet like online, offline etc, bitcoin wallet serve as a storage for bitcoins, by the way all wallets have a security codes thats help you and your bitcoin to get secure from hackers.

[VBCryp@]

I think the bitcoin e wallet is like your wallet, and it is very valuable before you start with bitcoin whether you invest or work in the forum. E-wallet Bitcoin acts as a bitcoin storage. When you have bitcoin, the first thing you need is to put somewhere safe and it's like a bank and you are the only one to access your account where you can send or receive bitcoin and convert to some other currency.

[Tashi]

A bitcoin wallet is a digital storage where you can keep your bitcoins safe and secured, along with it is your private key. It is important not to share private keys to anybody.

[abhishek_bittu]

Information that enables you to access the coins that are in the blockchain.

So each coin always remains in an address on the blockchain - that means NONE of your cryptoassets is in your hard/soft wallet or in your exchange account.

The main point, you do not know on what address on blockchain are your coins, there are simply too many possibilities to guess the address.

So many, so much so that it is more likely that all of your electrons in your body are doing quantum tunneling, and you go through a wall and get out on the other side without ever touching the wall, then you finding an address on a blockchain by a chance.

[Janademir4]

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.

the wallet address is like the account number used as the address for altcoin owners including bitcoin, which later the wallet address is used as an address to send altcoi that we can from bountu mining or trading

[fransbenotius]

Bitcoin wallet is an account for us to save our coin that we get from bounty or investment. We use our wallet to save until we think the value of coin is right before we withdraw it in real money or buy something with coin.

[Donceng]

it is true that bitcoin wallet is very secure, because it is equipped with a very secured lock (with a very secret password) with this wallet our lives so frugal, different from saving money in the bank, we can not save because in the time of our need with quickly take it, if in this wallet we will think twice.

[barabut]

It is a digital wallet to store your digital currencies, it is much more safer to store them in an exchange or online system wallets. There are mainly four types of wallet are desktop, mobile, web and hardware.

[muhammed27aslam]

A logical storage where you store bitcoin and have the private key with you.

[dedens212]

according to information I've read that Bitcoin Wallet is a place where you can store your Bitcoin balance efficiently and securely. To create your own wallet, you can visit sites or companies that offer services in providing secure Bitcoin wallets such as: Blockchain.info, Hive or BitGo. You can also choose and compare the benefits and risks of using these wallets. because in the Bitcoin world, you are your own bank which makes it your responsibility to maintain the safety of your own wallet.

[nene14]

I think bitcoin wallet is an application do we use when we have an investment or saving our bitcoin money,.It is also has security when we put our money in it,its like a bank that has a private key,and you just the only one can control your own bank.It is also secure in your own hands while your in or outside your country.So we need to install it in our mobile phone if your a bitcoin investor or even working in a world of bitcoin..

[jrrsparkles]

Bitcoin wallet is online banking bro and you can get also benefit,s this types banking

You have to know what is bitcoin wallet first, .It is not a banking it is a wallet where we are allowed to store of bitcoin funds there are different types of bitcoin wallets are available
1.Hot wallet
2.software wallet
3.Hardware wallet

[zaytsevsasha654]

Hello! I have been investing for more than 2 years. Now I invest in the project ks monitor, I advise everyone to join

[AltcoinAuthority]

Hello! I have been investing for more than 2 years. Now I invest in the project ks monitor, I advise everyone to join

I want you to know what you are doing. Why are you promoting that project if you have no idea on how to post inside a forum?

[kxshcb]

A bitcoin wallet is what you use to receive, send, and store your bitcoin. Setting up a bitcoin wallet is very simple and takes just a few seconds. All you need is an email address and a password of your choice. You will be able to send and receive payments immediately. It will serve as bank account of digital currency. There are four different kinds of wallets: desktop wallets, browser-based wallets, mobile wallets, and hardware wallets. They differ mainly in where they are stored.

 

[Awan Awan]

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 it is true. Bitcoin wallet is like our bank account.in bitcoin we should use bitcoin wallet inorder for us to store or deposit our bitcoin where we have our bitcoin address and we have also our private key to make sure that our wallet is secured. So we should make sure that we keep our private key in a secured place and not to give to anyone .

Its more than bank i think since we have fully control it and nobody else have that control.
If bank, the bank people also know our data and they have control to our account. But the use is the same.

[pdutta]

Bitcoin wallet is a software coding where bitcoins are stored as safe and secured along with private key. Bitcoin wallets facilitate sending and receiving bitcoins and gives ownership of the bitcoin balance to the user. Bitcoin wallets come in many different forms as Mobile, desktop, web, Paper wallets and USB device.