What are bitcoin wallets?

Bitcoin wallets can be hardware products, or software running on mobile, the web or through apps. Some of the most popular bitcoin hardware wallets include Trezor and Ledger devices, while other popular bitcoin wallets include the mobile app Blue Wallet and the desktop app Wasabi Wallet .

How do I create a bitcoin wallet?

How do I create a Bitcoin wallet? When you install the app, your Bitcoin wallet is automatically created. You can then receive bitcoin to your wallet immediately, store it safely, and use it as you please. Which Bitcoin wallet should I choose?

Is it safe to store bitcoin in a software wallet?

Since software wallets connect to the Internet, there's a very small risk of hacking. Therefore, it is generally recommended to not store large amounts of bitcoin in your software wallet. That being said, if you follow password management best practices, it's safe to store bitcoin in a software wallet.

What is a brain wallet?

A brain wallet is a Bitcoin wallet that is generated from a passphrase. It's similar to a paper wallet in that if the passphrase is lost, so are the bitcoins stored in that brain wallet.