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Author Topic: Can we have a newbie Bitcoin wallet?  (Read 402 times)
Donneski (OP)
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August 15, 2023, 08:01:20 AM
 #1

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
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August 15, 2023, 08:06:16 AM
 #2

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies

On top of the this board there is guide on bitcoin wallets, here is the thread, if you read through this you will definitely find a lot of information regarding various wallets.

As for the wallets that have say tutorial  in built in them they are certainly few, although short demos are there to guide you for your first transaction but to have everything as a tutorial I think only centralized exchanges actually offer this functionality. The most common one is the binance Academy.

But this isn’t a wallet but an exchange so do not go and save your funds there. Stick to wallets and if you run into any problems you can simply bring it up on the forum, there are capable hands to help you

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August 15, 2023, 08:08:39 AM
 #3

It is just simple as do not let anyone to know your seed phrase. Anyone that knows your seed phrase will steal your bitcoin. Backup your seed phrase not online but offline on paper or steal sheet and have two copies of it. Avoid phishing.

Address is what you will give to people to send you bitcoin.

What should be known again for newbies? Nothing.

Use Electrum wallet or Sparrow and enjoy using them.

Read very well about malware. Also about passphrass.

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August 15, 2023, 08:12:11 AM
 #4

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
Many Bitcoin wallet softwares are available for everyone. You can choose either custodial wallets like online, exchange account wallet or non-custodial (self-custodial) wallets which are more recommendable to use.

No thing like wallet for newbies as even non-custodial wallets are easy to use for newbies.

Reminder: Do not keep your money in online accounts

Recommended wallets

Electrum wallet is convenient to use as it is non custodial, light in storage space, available for desktop and mobile.

[Guide] How to safely download and verify Electrum wallet

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Findingnemo
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August 15, 2023, 08:24:35 AM
Merited by OmegaStarScream (4), Welsh (4), Symmetrick (1)
 #5

It is not really rocket science, possible for anyone to understand who has the ability to read, and understand what is the meaning of deposit/ receive and send.

Let's say you are downloading Electrum as your Bitcoin wallet, you can find the Download link on their official website.

https://electrum.org/#download

Once you downloaded the wallet.
Setting up your wallet:

1. Launch Electrum then You'll be prompted to create a new wallet or restore an existing one.
2. Choose "Create a new wallet" and click "Next."
3. Select "standard wallet option" and click "Next".
4. Choose you want to create a new seed then Electrum will generate a seed for you.
5. write down this seed and keep it in a safe place. This seed is essential for wallet recovery.
6. Confirm the seed by entering it in the next window.
7. Set a strong password for your wallet and click Next.

Now you completely set up your wallet.

Receiving Bitcoin:

Click on the "Receive" tab to generate a receiving address. You can generate multiple addresses if needed.

Sending Bitcoin:

1. Click on the "Send" tab.
2. Enter the recipient's Bitcoin address, the amount you want to send.
3. Choose the right fee as suggested by Electrum, you can also use https://mempool.space/ to find the actual fee and click "Send."

If you still need any tutorials then you can use Helpful Guides For Newbie on the Electrum Wallet posted by Ratimov.




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August 15, 2023, 08:25:59 AM
 #6

A lot of mobile wallets are already pretty easy to use (outside of the typical 12-24 word backups that most people don't like). Check out BlueWallet — it's pretty much the wallet I recommend all the time to the newbies.

https://bluewallet.io/

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Mayor of ogba
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August 15, 2023, 09:04:05 AM
 #7

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn more about crypto, I've learned that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have a crypto wallet.


So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user-friendly to newbies thereby helping them to learn all the basics of Bitcoin wallets so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, sending, and receiving coins  and doing other things like message signing will  be less complicated for newbies and will also make the use of a Bitcoin wallet an easy task for all newbies
I think creating a wallet for newbies is not the best thing to do. Newbies should be educated not to share their seed phrase or private key and not to connect their wallet to an unknown site

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August 15, 2023, 09:08:54 AM
 #8

In contributing to that I also think there should be tutorials held here on bitcointalk forum to educate newbies on the basics of crypto and also how to exchange them . Speaking from experience since I'm also a newbie ,I still find it difficult to understand how to change my coins to money .
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August 15, 2023, 09:20:15 AM
 #9

There is no special wallet for newbies, all the wallets can be used by a newbie,depending on the amount of funds that you want to store in your wallet. There are hot wallets that are easy to use,all you need to do is to download the wallet and create it,with this you can use to store little bitcoin for your daily spending. One the other hand if you want to a wallet for saving a huge amoynt of your bitcoin,you will need a hard ware wallet which you have to use on an airgap device. Electrum is an easy wallet can a newbie can easily understand how to use it.

R


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August 15, 2023, 09:22:39 AM
 #10

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
There are lots of tutorial threads about bitcoin wallets in the forum already created by members for newbies and anyone to access it for their own benefits, so assuming you're not informed let me drop a few here for your knowledge:

Which Bitcoin wallet to use (by Lauda)

Which hardware wallet to use (by BitCryptex)

Safely download Electrum (by DireWolfM14)

Electrum wallet for beginners and advanced users (by BitCryptex)

TUTORIAL: How to use Electrum (for beginners)

For a newbie that loves reading and wants to learn, these threads above with other ones that can be found in the forum is much pretty easy for any newbie to catch up as there's no unique wallet directed to newbies.

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August 15, 2023, 09:27:28 AM
 #11

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
If you have ever done online banking, using wallets to send and receive money will not be a big problem. You are already aware that you need to keep the password to your Fiat account safe. The difference is that you need to keep your wallet seed phrase and password safe. Most wallets have tutorials on how to use them and you can also find many tutorials on the internet. You should start using the wallet by transacting small sums. You can also practice using two wallets to send and receive funds between themselves to help you master the wallet.

In contributing to that I also think there should be tutorials held here on bitcointalk forum to educate newbies on the basics of crypto and also how to exchange them . Speaking from experience since I'm also a newbie ,I still find it difficult to understand how to change my coins to money .
You can not view videos in bitcointalk so don't expect to see such tutorials. But you can use the search option in the forum to get more information on wallets. This link also has a comprehensive guide on the use of wallets https://bitcointalk.org/index.php?topic=1631151.0.

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August 15, 2023, 09:32:27 AM
 #12

There really is no distinguishment whether a wallet should be for newbies or for experienced. But if talking about the experience, many of the people that I've seen that are new to this are mostly using centralized and mobile wallets. They all have the same reason and that's all about the user experience and easy to use. So since a lot of threads and links have been given to you. You can start with those links and get an idea on what is a user friendly wallet or what you think is good and easier to use and then from there, jot down the differences of those ones and to the ones that are being used by the majority like Electrum.

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August 15, 2023, 11:31:23 AM
 #13

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
There's no particular Bitcoin wallet designed for newbies but there are some good open source wallets you might want to take a look at like Electrum wallet, Blue wallet and Unstoppable wallet. Either of them is good for storing your Bitcoin but you still need to learn about wallet security. When creating a wallet you will be required to generate a seed phrase, write it down on a clean piece of paper and keep it somewhere very save. Do not disclose it to anyone.

You don't need to be a Bitcoin technical guru or crypto savvy to be able to use the wallets. As long as you can read, comprehend and follow simple instructions, you should be find. I would also like you to read the following Bitcoin wallet related topics written by forum members:

I. Helpful Guides For Newbie on the Electrum Wallet
ii. [GUIDE] Bitcoin Wallets - What's the best for you?
iii. What is different between Bitcoin wallet, address and clients

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August 15, 2023, 11:39:14 AM
 #14

Their is no need having a particular wallet for newbie because I don't see what is so difficult for newbies not to be able to set up a wallet.  The wallet is very easy for anyone to use, there is always guild that helps beginners on how to set up a wallet.  The wallet always instruct user how important the seed phrase is and the need to keep it safe  and from strangers.  The most important thing about a wallet beginners needs to know about is to handle seed phrase and to have have better knowledge concerning security that can prevent them from the hands of scammers.

R


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August 15, 2023, 12:03:14 PM
 #15

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.



All Cryptocurrency wallets are newbie friendly and you can read and learn all about Cryptocurrency wallets within a day I don't know what part of using a wallet you are having a hard time understanding, there are hundreds of tutorials on Youtube about creating a wallet it's straightforward and easily understood.
The most important is securing the seed phrase and private keys but creating a wallet is so easy, when it comes to securing a wallet there is no such this as a newbie for wallet, we should learn how to secure our wallet, whether we started just today or have been a user for many years.

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August 15, 2023, 12:42:42 PM
 #16

It is not really rocket science, possible for anyone to understand who has the ability to read, and understand what is the meaning of deposit/ receive and send.

Let's say you are downloading Electrum as your Bitcoin wallet, you can find the Download link on their official website.

https://electrum.org/#download

Once you downloaded the wallet.
Setting up your wallet:

1. Launch Electrum then You'll be prompted to create a new wallet or restore an existing one.
2. Choose "Create a new wallet" and click "Next."
3. Select "standard wallet option" and click "Next".
4. Choose you want to create a new seed then Electrum will generate a seed for you.
5. write down this seed and keep it in a safe place. This seed is essential for wallet recovery.
6. Confirm the seed by entering it in the next window.
7. Set a strong password for your wallet and click Next.

Now you completely set up your wallet.

Receiving Bitcoin:

Click on the "Receive" tab to generate a receiving address. You can generate multiple addresses if needed.

Sending Bitcoin:

1. Click on the "Send" tab.
2. Enter the recipient's Bitcoin address, the amount you want to send.
3. Choose the right fee as suggested by Electrum, you can also use https://mempool.space/ to find the actual fee and click "Send."

If you still need any tutorials then you can use Helpful Guides For Newbie on the Electrum Wallet posted by Ratimov.




Thank you for the very comprehensive guide and help on how to start somewhere I sincerely appreciate your kind gesture. I will try my possible best to put it to good use and also learn as much as I can learn from it.
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August 15, 2023, 01:17:57 PM
 #17

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies

Why newbie need that while there are reputable wallets available? You are just exposing yourself on danger since to many scammers hunt newbie and be their victim so if you go on new wallet which say they are newbie friendly then you might get scam with them.
Just follow what people suggest since they are the bes base on their experience. So try to grab those wallet which is tested by many people since scamming issue maybe less chance to happen on those platforms.

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Doan9269
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August 15, 2023, 05:17:31 PM
 #18

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies

Try faucets, also you can try creating crypto demo wallet accounts, there are specific tutorials, guides and mentoring you could learn from them and there are website also were you can begin as a newbie, when you're dealing with demo account you will not have to use real bitcoin or possibly the reward that may be given can be very little in sats since the intention was for learning purpose only.

With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies

There's a wallet best for newbies in this regard which can serve for learning purpose and easy to understand, they can make use of Exodus wallet but am not sure if all the features you mentioned were comprised in it usage.
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August 15, 2023, 05:23:38 PM
 #19

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
Yeah there are wallets in every types and in every color if you wants a pink one or your babe wants in pink then you could also get one we have all types of colorful wallets. What wallet do you need. hehe. Just kidding dear. There is no such thing like Pro wallet or newbie wallet. Because if you started to tag things out on the basis of ranks then how you will become a pro one day.

Why will you chose to be newbie because if you will chose the newbie wallet you will not become pro one until you use the pro one. SO, all wallet are equal security and UI levels and to understand about wallets you have to learn the basic of them from different sources. Instead of asking for one that is better for newbie.

Because every wallet has sending and receiving options but some wallet are decentralized and provide some good level of securities like 2FA and Multisig etc. If you try not to use them then how will you succeed one day in making your side completely secure.

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August 15, 2023, 05:36:44 PM
 #20

SO, all wallet are equal security and UI levels and to understand about wallets you have to learn the basic of them from different sources.
This is wrong, wallets don't have equal security, neither do they have the same UI, there are wallets that are more secure than others, like hardware wallets and good software wallets like Electrum, but there are also wallets that are not secure and very vulnerable to hacks, like web wallets, exchanges wallets, etc.
Because every wallet has sending and receiving options but some wallet are decentralized and provide some good level of securities like 2FA and Multisig etc.
'Decentralized' is an inappropriate term to use for wallets imo, it should rather be either custodial or non-custodial, mind you also that a wallet might offer features such as Multisignature and 2fa, and yet be unsafe, thus there are more things to access about a wallet than just that.

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