What is a Bitcoin Wallet?

Just like a normal wallet that you use to carry physical cash and credit cards a Bitcoin Wallet is used to store your own secure private keys, which is required to access your own personnel Bitcoin address, so that you can spend your funds.

bitcoin-wallet

Wallets can be provided in different forms to suit your desired device ( Smart Phone, Tablet, DeskTop). Your different options to store all your information can be on physical paper to avoid any issues with loss of information or on any electronic device. If you choose either of these options it is very important that you place this information in a safe and secure place and always back up your own personnel bitcoin wallet.

A Bitcoin Wallet is essentially encrypted with your own password and protected from malicious individuals. The owner of the wallet is the only person who has access and is in control of this information.

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