Professional Documents
Culture Documents
Not everyone will need this! An easier way to buy bitcoin is via an exchange,
however sometimes you need a bitcoin wallet.
b) If you go somewhere to pay cash you will need a wallet address, this is where
you will get one
Now,
If you are using Quadrigacx (Canada) or BTCmarket (Australia) then you will not
need this to buy bitcoin (But you may want your own wallet to keep the bitcoin on
your computer)
The best wallet is the Trezor (lesson on this later under security) There are also
other wallets such as paper wallets which can be a pdf on your computer even. Keep
this in a safe place on a USB or on a safe computer.
https://bitcoin.org/en/choose-your-wallet
For anyone buying Bitcoin Locally in cash, Get this wallet on your computer first:
Step 1:
https://bitcoin.org/en/choose-your-wallet
Step 2: Select Mac or PC or Phone IOS or Android and Install the App on your
Step 3: Choose a password (DO NOT LOSE THIS OR YOU WILL LOSE YOUR MONEY FOREVER)
** So important as people have lost their password and there is NO WAY to recover
it **
Step 4: Now you are ready to import Bitcoin into your wallet. You will see what
your address is
** Your address will look like a long number and letters like this
Hb787dyefydisuhfif78sfy78fysfhdiufe78 (this is not a real one)
Step 5. Either you keep your bitcoin here OR you move it to bittrex to start
trading (video on this in "How to import Bitcoin into Bittrex"