NWORLD : How to Open Bitcoin Wallet? | NWORLD BUSINESS by VICENTE MEJILLANO

How to Open Bitcoin Wallet?

OPENING A BITCOIN WALLET

There are two ways to get a bitcoin wallet; the the bitcoin client and the Online Bitcoin Wallet Service Provider.

Bitcoin Client

With this option you get all your bitcoin (money) stored in your computer, or smartphone. Here you are your own bank and it follows you wherever you go, and so it is up to you to keep it safe, any tampering or fraudulent activity could lead to losing all your bitcoin. So always make sure that you have a backup of your wallet and that wallet is password protected.

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Online Bitcoin Wallet Services.

With these option all your bitcoin are stored on the website of a bitcoin wallet service provider, and it is accessible with your username and password from any internet enabled computer or smartphone. The only disadvantage with this option is that if the online service close or was attacked, you could lose all your bitcoin, so be sure to go for trusted online bitcoin service providers.

BITCOIN WALLET ADDRESS

A bitcoin wallet address is a combination of numbers and alphabets which you used to receive bitcoin from another bitcoin user, it is the same with a bank account number
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