Blockchain Wallet is a user-friendly hybrid wallet. It stores an encrypted version of your wallet online that decodes only when you access the service on your browser. For security reasons, you should always use the browser extension and email backups (and keep that email secure).
Blockchain is at present the world’s most popular provider of Bitcoin wallet. It is also has the most widely used Bitcoin APIs and has the most popular block explorer and search engine. Thus, Blockchain.info is widely recognized as the most trusted and the strongest name in Bitcoin. In just a span of two years, the wallet provider espanded rapidly from 100k users to over 3.5M users. Blockchain is one of the easiest and fastest wallets to use when sending and receiving bitcoins.
How to create and use a Blockchain.info wallet?
Step 1: Go to the website Blockchain.info
Step 2: Sign up an account
-
Click on Create a Free Bitcoin Wallet Button
-
Then, enter your email address and create a strong password. A strong password is a must in order to have a more secure account.
-
Next, you will be provided with a wallet ID and will be asked to sign in
Your wallet ID is your unique identifier. It is completely individual to you and what you will use to access your wallet.
Step 3: Set up your security center (IMPORTANT)
Setting up your security center is a must because this helps protect your account from hackers.
-
The following are the three security levels that you need to complete
-
Level 1 requires you to verify your email, write down a recovery phrase and create a password hint
-
Level 2 requires you to link your mobile number and enable 2 factor authentication (2FA)
-
Level 3 requires you to enable block Tor requests. Tor browser is usually the tool used by hackers because it provides anonymity to its users.
Step 4: Create your bitcoin wallet
-
Click on Transactions menu.
You may use an already created wallet named “My Bitcoin Wallet” or create a new one with a name of your choice.
You can create a number of wallets in your account
-
You will be able to see all of your transactions in each of your wallets
Each of the wallets have their own unique bitcoin address
Step 5: Send and Receive Funds
-
Click on the wallet of your choice
Click on “Send” if you want send funds to another bitcoin address and “Receive” if you wand to receive funds
-
In sending bitcoins, enter the bitcoin address of the recipient, the amount of bitcoins and a description of your transaction (optional) then click “Next Step”
-
Then click Send on the next pop up window
-
In receiving Bitcoins, just copy your bitcoin address and use it anywhere to receive bitcoins
Hope this guide will help you through in creating your first blockchain.info wallet. This guide is also a way to promote our free tips and tutorials on our blog.
If you have any questions to ask, please feel free to comment below. If you like our guide please do not forget to share.
This post first appeared on Bitcoin Everything | Your #1 Bitcoin Resource, please read the originial post: here