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How to Store Your Bitcoin

Before owning any bitcoin, you need somewhere to store them. That place is called a "wallet." Rather than actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key). If the wallet software is well designed, it will look as if your bitcoins …

Types of Bitcoin Wallets

Let's discuss the types of bitcoin wallets and why you might want to use one kind over another. Hardware Wallets The Ledger Nano S is one example of a hardware wallet. A hardware wallet is a physical electronic device, built for the sole purpose of securing bitcoins. The core innovation is that the hardware wallet must be …