Bitcoin is a digital currency — also known as a cryptocurrency — that can be used to buy goods and services or trade securely online. Like any digital currency, bitcoin operates through digital wallets: small applications that store money electronically. You can think of your wallet as your virtual bank account for your crypto coins. As with any other bank, bitcoin wallets must be secured in order to keep your money safe from hackers.
Securing your wallet means safely storing it so it doesn’t get stolen by people who may have access to your personal information or home. And spending it means using it to buy items or trade with others in a secure way so that no one else knows you did so. In this post we’ll explain how to both securely store and spend bitcoin, with tips for keeping your savings safe and getting the most out of your crypto holdings.
Securing your wallet means safely storing it so it doesn’t get stolen by people who may have access to your personal information or home. And spending it means using it to buy items or trade with others in a secure way so that no one else knows you did so. In this post we’ll explain how to both securely store and spend bitcoin, with tips for keeping your savings safe and getting the most out of your crypto holdings.