What Is Stored In A Bitcoin Wallet?

An electronic wallet is software that stores your bitcoin address. It acts as a conduit between the user and the blockchain, allowing users to send and receive bitcoins. The main benefits are speed, low transaction fees, security against theft or loss of passwords, convenience in terms of payment processing terminal etc.

How can I get my first bitcoins?

There are many options for getting Bitcoins:1) bitcoin exchange sites where you buy coins using old currencies (USD / EUR / GBP) or secure credit cards via PayPal2) BitBargain – an independent platform where you pay with cash only3) mininghas been described in great detail already so i won’t repeat myself here. But basically… these days it’s less profitable than it used to be, but if you have some patience you could still make money this way. You can take a look at our Mining Section 4) legit work for coins5) other