Do I need to use an exchange to trade bitcoin? It is primarily designed to send and receive Bitcoins between individuals, when sending Bitcoins from one account to another, the transaction log is recorded in the Blockchain after the sending process is executed, this information cannot be removed from the blockchain logs Your message will be there as long as the Bitcoin is present.
Types of Bitcoin trading wallet, there are many websites for creating bitcoin wallets on the Internet, the most famous of which is Coinbase, Xapo, and BLOCKCHAIN.
In the following lines, we will discuss how the Bitcoin wallet works on each site separately.
Types of Bitcoin trading wallet
How to make a Bitcoin wallet on a blockchain
Blockchain technology is one of the largest, most powerful, and widely used cryptocurrency technologies.
1- Entering the Blockchain website, and making sure of the website address to avoid exposure to electronic bullets.
2- Register the email and password on the registration page, then click OK, then continue.
3- A message will be sent to your e-mail that you registered on the registration page, the message contains: ID number to enter on your wallet on the BLOCKCHAIN website, in addition to the e-mail activation link, which when you click on it the e-mail will be activated.
4- You can log in to the site using the ID number sent to you on the e-mail and your password.
5- After logging in, click on Start REceiving Bitcoins, you will be automatically transferred to a page with a serial number, and this is your wallet number.
How to make Bitcoin wallet on Xapo
1- Entering the Xapo website, and making sure of the website address.
2- Register the e-mail, code, bin, and password on the registration page, then click on Create an account. The automatic transfer will be made to a new page that contains several personal data.
3- You will press next, after answering, to automatically switch to the other inquiry, when you finish answering all the data, Thank you will appear.
4- A message will be sent to your email that you registered on the registration page, containing a Verify Email link. When you click on it, the email will be activated and automatically transferred to your wallet.
5- You can link your phone to the wallet by clicking on Wallet, then My Account, enter the phone number, and pressing Send.
6- You will receive an activation message on the phone number containing a code.
7- Register the code sent to the phone in the special field in your wallet, then click on Activate.
