Tuesday, October 11, 2016

What is bitcoin and how to use them

Step 1 ---> How to get a Bitcoin wallet

Setting up your first Bitcoin wallet is simple. There are several quality mobiledesktop, and hybrid wallets available. If you want to do thorough research then you can read our comprehensive guide on how to find the best Bitcoin wallet.
A great path would be (1) a mobile wallet like Airbitz (iPhone, Android), Breadwallet (iPhone) or Mycelium (Android), (2) acquire bitcoins from a friend, as payment for a good or service orbuy bitcoins from one of the many exchanges (3) if you decide to store large amounts of bitcoins and want to know they are absolutely safe then use Armory.

Best Mobile Bitcoin Wallets

iPhone and Android apps are available with popular choices including:
CoPay
Copay is a Bitcoin wallet by Bitpay and available on iOS, Android, Windows Phone, Linux, Max OS X, and Windows. Because Copay is available on multiple platforms, it’s easy to use the same wallet or accounts across multiple devices.
Copay’s simple, clean user interface makes it a good choice for new Bitcoin users. Copay is also a good option for businesses due to a shared account feature, which requires a certain number of users to sign each transaction. Two co-founders, for example, could create a 2 of 2 wallet where both will be required to sign each transaction.
AirBitz is another Bitcoin wallet that’s great for everyday use. It’s integrated with Fold, meaning you can get 20% discounts at Starbucks from within the wallet.
Airbitz manages accounts with usernames and passwords, but doesn’t have access to your funds. This type of account creation is easier for less technical users who may have trouble backing up or understanding HD seeds.

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