Very often people wonder how and where to create a bitcoin wallet. It is quite obvious that only a virtual wallet is suitable for storing digital coins that do not have a material embodiment. There are several ways to create a Bitcoin wallet:
1. Install a special program on a PC or mobile gadget.
2. Use the services of a third-party platform.
It is necessary to approach the choice of a wallet designed for storing Bitcoins very responsibly. After all, the legal status of the cryptocurrency has not been fully settled to date. Therefore, the owner of the wallet independently bears all the risks associated with hacking the virtual storage or illegal seizure of funds on it. Let’s take a closer look at each of the options.
Cryptocurrency wallets for computers
With the help of special software, you can create the following types of Bitcoin wallets on your personal computer:
Armory.
Bitcoin Core.
Electrum.
MultiBit.
If the user stops at this option, then it is recommended to download the software on a public resource bitcoin.org . There is also an opportunity to learn more about the features of each virtual storage.
It should be noted that the user who has chosen such a wallet option must independently take care of the security of the computer on which it is installed. After all, the theft of the corresponding file by cybercriminals or the loss of access in any other way will lead to the irretrievable loss of funds on the wallet. Therefore, you need to install an antivirus program on your device, you cannot download suspicious programs or visit questionable web resources. Ideally, you should store wallets on a computer specially designed for this purpose, the entrance to which is protected by a strong password.
Online Wallets
There are many sites on the global web designed to store cryptocurrency wallets. It is the service that is responsible for the security and operability of the online wallet. In this case, the virtual storage is better protected than on the user’s computer. But you need to choose a reliable platform that provides truly high-quality services. These services inсlude the following resources:
Blockchain.info.
Coinbase.com.
Bter.com.
To create a wallet, you need to log in to the selected service and follow the instructions of the systеm.
Mobile Wallets
The popularity of such virtual storages is primarily due to their convenience. Thanks to a special application, the user can store a mobile wallet directly on the smartphone. This makes it possible to pay for purchases using a mobile device. However, they cannot be called a full-fledged client, since the limited memory of the smartphone does not allow downloading all the blockchain chains. The most popular mobile phone options are Blockchain, Haro and many others.
Features of hardware wallets
We are talking about specialized developments optimized for storing secret keys. Hardware Bitcoin wallets are optimally suited for storing a large stock of virtual coins. They are an ideal choice for well-earning freelancers who do not want to rely on the capabilities of third-party platforms. After all, browser wallets have too weak protection for storing large sums of money. The main types of hardware wallets are Trezor and KeepKey.
Paper Bitcoin Storage
This is the cheapest option for storing virtual coins. In the global network, you can find many sites offering similar services. The resource opens a new identifier for everyone and generates an image consisting of two QR codes. The first of them is a public and accessible address and is used to receive transfers, and the second is a secret key used to transfer savings. Hackers cannot steal data about a paper wallet, because they are not stored digitally, but printed on paper.
Flex account
Novice users often face a problem when the interface of a Bitcoin wallet displays the balance in different currencies. As an example, we can call the universal storage Cruptopay. It has advanced functions and the Flex account option stands out among them. The convenience of such a function was appreciated by the owners. After all, it offers the following features:
Availability of accounts in different currencies (dollars, euros and pounds).
The ability to open debit cards.
Implementation of conversion, purchase / sale of Bitcoins online directly on a web resource.
Integration of Bitcoin payments to your online platform.
Flex-accounts function like ordinary storages and make it possible to carry out manipulations of various types using cryptocurrencies. This option is designed to protect the owner from the risks associated with fluctuations in the exchange rate (volatility) Bitcoin.
At the end of the narration, we note that the list of Bitcoin wallets presented above is not complete and the number of such is growing every day.