What is Bitcoin Wallet?

[romeo111]

A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.

Source: Investopedia

[cyruh203]

We use. Bitcoin wallet to send, accept or pay,  it's like also same with atm 🏧 where you use them to send or received money specially to places where in you cannot just travel to give the money itself... And since bitcoin is a digital currency we need digital wallet to store them. Right?

yes its true, bitcoin wallet is a digital crypto wallet which we can recieve and store bitcoin. a wallet that contain a private key that only wallet owner can access on it.
we can use this wallet as our personal bank. easy to recieve and send money to a family and even paying bills.

[kanchuka2]

hi ,


A Bitcoin wallet is a wallet(software program) where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere.There is a private key for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.

[rext]

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.

I use a bitcoin wallet to store and protect bitcoin. I use it to trade. Anywhere I can receive or send bitcoin. There are two main types of wallets:
Software wallet: With this wallet you can install it on your personal computer or on your smartphone.
 web wallet, this wallet has the advantage of easy registration and use, but you have to trust the provider to maintain the security of Bitcoin

[sampoer23]

To receive Bitcoin payments, Bitcoin submitter must have two things:
1.The amount of Bitcoin to be paid
2.Your Bitcoin wallet address
Bitcoin wallet address (Bitcoin wallet address) is similar to a bank account number. This number consists of a combination of letters and numbers of 26-35 digits. Examples like this: 1ExAmpLe0FaBiTco1NADr3sSV5tsGaMF6hd
This address can also be described with a QR code (so the sender can also scan this QR code with Bitcoin app), without needing to enter a long Bitcoin address on his mobile device.

[omerL]

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.

Bitcoin wallet is simply app or web wallet that you most have to hold, send or receive the Bitcoin.
It is like a bank that hold your money just in here no other person  have access to your wallet.
It is very easy use most of the times.

[Petmalu001]

A bitcoin wallet is a program to send and receive Bitcoins, Store Bitcoins and Monitor Bitcoin Balances. Just like you need an email program like

Outlook  or Gmail to manage your emails, you need a Bitcoin wallet to manage your bitcoins. Wallets interface with the bitcoin is called

blockchain that global ledger of bitcoin transaction. Wallets monitor bitcoin addresses on the blockchain and update their own balance with each

transaction.

[bololord]

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.

Bitcoin wallet is usually used by bitcoin users to keep the money safe. It is also a sofware program where your money can be stored and needed your own password .Advantage of  this bitcoin wallet is safe and secured to all hackers.

[Fantastic33]

Bitcoin wallet is like a bank account on your phone or device where you can receive, store or send bitcoins. Owner of the wallet have this unique btc address (just like a bank account number) which is used when someone wanted to send btc. Bitcoin tnsactions are automatically registered on a ledger called blockchain, where personal details about the sender and receiver are kept private. Transactions are readily available and you can access it whenever you wanted. Some wallets also have features where you can convert bitcoin into a local currency, buy load, pay bills, etc. But you need an internet connection to access it.

[Shamie1002]

As an addition to everyone's perspective, wallets are sometimes build differently. Some are online wallets ( which is the one I am using ), offline, hard wllets.

They are storage of bitcoins, sometimes there are available that you can store other coins too.

I use online wallet because this is the only wallet here in our country that you could actually use bitcoins as payment. They built it with direct contact to bills, banks and remittances which makes transactions faster. Though there are fees.

[filtyfrank251]

Bitcoin wallet simply understands it as your bank account, it helps you store Bitcoin, which is used to receive and send Bitcoin to others. One can create a lot of Bitcoin addresses because the probability of two identical addresses is 0%. So you can rest assured that your wallet address will not be duplicated with someone else's wallet address.

[White32]

Bitcoin wallet is like a bank where you can store your bitcoin it allows you to recieve money from someone to another. It require a strictly private key to open or access this wallet. To be technically accurate bitcoin is not store anywhere.

[Nobel Jane]

Bitcoin wallet is like a bank account where you can save all your money from it. Bitcoin wallet is also a wallet where you can use anywhere exampe buyig, sending money and so on.

[Daboy_Lyle]

Bitcoin wallet is the place where to store your bitcoins. There are many kinds of bitcoin wallet, the best wallet is an hardware wallet. Online wallets can be easily hacked by other user but the best way is use 2 Factors authentication to avoid wallet being hacked.

[gareng1468]

where it is safe to store your coin, which gives the user: pass anywhere because it will keep your storage at risk

[DoublerHunter]

Bitcoin wallet is where you will be storing your bitcoin in order to not put it on a high risk by putting it somewhere that is not really trusted. Bitcoin wallet have a lot of types and they are online wallets, desktop wallets, paper wallets and also the most secured and most reliable type of wallet, the hardware wallet. You really need this because without this you can control your bitcoin at your full potential.

[Tiktik]

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.

A bitcoin wallet is a virtual wallet where you can put your bitcoins.It is more good because when you have it you can monitor what amount of money you have .because you can check it from time to time.Just log in your account and put your password and there you go.

[jason meneses]

Bitcoin wallet is our bank account .. If we get token to airdrop and bounty the bitcoin wallet are recieving our token to the wallet until we sell the token.. 

[bitctrimor1]

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.

A bitcoin wallet is, by function, similar to a wallet. Imagine that bitcoin is money, and a wallet is where you put that money. However, this wallet is different because it is made of a set of encrypted codes that keeps data. That data is your cryptocurrency holdings. Wallets can hold many different coins and tokens. Since it's a combination of encrypted data, you can store it anywhere, even offline, in a USB. You just need to input the code in the site that support it for you to open the wallet.

[sandarajasmine]

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.

Bitcoin wallet can be online or offline. You can pick any of the two, there are advantages and disadvantages which you can experience if you use it. This wallet can use to keep you wallet secured.

Yup. I second that, as the person above said the wallet has its own unique private key which makes it only the users who have to access of the wallet can perform any transactions.