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What is a bitcoin wallet?

On a practical level, a Bitcoin wallet is a device or program that is used to send and receive bitcoins. The term wallet can be a little confusing for people new to Bitcoin and crypto. A physical wallet is used to store physical currency, however a Bitcoin wallet does not store bitcoins within it. How can this work?

Does the bitcoin com wallet provide access to my private keys?

The Bitcoin.com Wallet of course provides you with access to your private keys. Importantly, generating your private keys using the Bitcoin.com Wallet is done exclusively on your device. This means that only you will have access to your private keys (not Bitcoin.com nor anyone else).

Does the bitcoin wallet have a cloud backup?

The Bitcoin.com Wallet offers 'Cloud Backup' for your private keys. With this feature, all of your private keys are saved in the cloud (Apple or Google) and whenever you create a new wallet, the new private keys for it are automatically backed up to the cloud.

How do I send bitcoins to a wallet?

To ensure that you truly own your bitcoin, you should send them to a wallet that only you can access. To do this, switch over to the Blue Wallet app. The small plus sign in the center will prompt you to create a wallet, like a subfolder. Choose the bitcoin option.

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