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What is a Bitcoin Wallet and How to Get a BTC Wallet?

What is a bitcoin wallet? It's the equivalent of a bank account. It allows you to store bitcoins, transfer to other traders, buy stuff online or in stores

By Jonas Chokun

Last Updated: Jan 10, 2025

Bitcoin wallet
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We live in a world and age where people are eager to try new things and capitalize on what the technology has to offer. One of the most interesting and useful technological breakthroughs are bitcoins. This digital currency  or cryptocurrency can be used to buy online products and services at low prices. However, in order to be able to leverage the benefits of bitcoins, you need to learn how to use a bitcoin wallet.

What is Bitcoin

The video below explain bitcoin in layman terms. We recommend you also visit What Is Bitcoin to get more info!

What is a Bitcoin Wallet?

What is a bitcoin wallet? A bitcoin wallet is the equivalent of a bank account. It allows you to store bitcoins, transfer them to other traders, use them to pay online services and convert them to real money. Just like email, wallets can interoperate with each other. You can choose between different kinds of bitcoin wallets. First of all, you have the option of choosing desktop wallets. These wallets are installed directly on your computer, giving you complete control over your bitcoin account. Some of the most famous clients include Bitcoin Core, Armory, Hive OS X, MultiBit and Electrum.

Secondly, you can choose a mobile wallet if you love to make purchases online while on the go. You can also pay in physical stores (Who Accepts Bitcoins) by scanning a QR code with your device. Mobile wallets include Bitcoin Wallet and Hive Android. Lastly, you can use web wallets. These bitcoin wallets allow you to use Bitcoin on any browser, coming more than often with additional services. One of the best bitcoin digital wallets we recommend in 2025 is Best Wallet

Choosing the Right Wallet

There are several Bitcoin wallets in the market today. However, our top recommendation would be Best Wallet, which is a software wallet. Best Wallet is a user-friendly, non-custodial crypto wallet available for iOS and Android. It allows users to securely store, trade, and manage cryptocurrencies across 60+ blockchains. So it not only allows you to store and trade Bitcoin, it is your answer to crypto management across chains.

Best Wallet Image

With features like built-in DEX, it’s designed for both beginners and experienced users.

Key Features

  • You control your private keys, so your Bitcoin and other crypto funds are safe.
  • Works with over 60 blockchains, including varies cryptos on different networks like Ethereum and Solana.
  • Lets you trade crypto directly in the app.
  • Earn rewards by staking your crypto on Best Wallet.
  • Convert cash to crypto and back easily.
  • Secure with fingerprint, face ID, and two-factor login.

How to Get a Bitcoin Wallet

How to use a bitcoin wallet? Creating your own bitcoin wallet is as easy as pie. Since Best Wallet is a multi-functional bitcoin wallet available on both Android and iOS, the process is straightforward for setting it up.

To set up Best Wallet, download the app and follow the prompts to create your wallet. Secure it with a PIN or biometric authentication and back up your recovery phrase offline. Add funds using a bank transfer, credit card, or crypto deposit, and you’re ready to send, receive, trade, or stake crypto directly within the app.

Best Wallet Login
Best Wallet Login/Sign Up Page

Users can also simply go to CoinMama. For this, enter your email address and set up a password. Next, hook up your credit/check card, bank account or even use cash in order to start trading bitcoins within minutes. After starting your first purchase, your bank account will be debited and you will receive your first bitcoins. Similarly, you can sell bitcoins and receive money right in your bank account. Coinbase also offers a mobile wallet option available on both Android and iOS platforms.

Over 33,000 businesses worldwide trust CoinMama and accept bitcoin payments. Some of these reputable companies are Reddit, Overstock.com, Expedia, Fiverr, Google, Bing, Digital River and Sacramento Kings. Your bitcoin wallet is protected by a team of specialists offering offline backups and constant check-ups. Wallets, in addition to passwords, are stored using AES-256 encryption, which is considered one of the best, most reliable and most secure encryption methods available. After you learn how to get a bitcoin wallet, there is only one thing left to do – start trading and dive deep in the unique world of bitcoins.

If you are looking for some of the best Bitcoin and crypto wallets, feel free to check out our video below for the best wallets on the market:

How to Use a Bitcoin Wallet

How to use a bitcoin wallet? Well, it depends on what you’re trying to do. If you’re trying to make purchase online, visit ‘Who Accepts Bitcoins‘ and you will see a list of companies that accept bitcoins as payment. Some on the list are physical stores and some are online stores. You can send bitcoins to family and friends using your Coinbase account! All you have to do is get your friends or family members to also apply for a Coinbase account and have them give you their bitcoin private key.

Read “What is a Bitcoin Private Key” to learn more about it! Lastly, you can use bitcoin ATMs to exchange bitcoins for cold cash. See a list of bitcoin ATM locations worldwide. If you have a bitcoin ATM or ATMs in your city and that are not included in the list, Contact Us with full location info and we’ll add! Take a pick at ‘How To Use Bitcoin ATM‘ if you don’t already know how to.

Don’t hesitate to share this ‘What is A Bitcoin Wallet‘ article with your friends. Let’s help more people use bitcoin by sharing educational materials like this with them!

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

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Jonas Chokun
Jonas Chokun
Crypto Writer

I fell in love with Bitcoin years ago and have never looked back. Since discovering crypto, I learned as much as I could about this virtual currency and have bought, sold, and traded a few bitcoins myself. Now, I want... Read More

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