How To Create Bitcoin Wallet On Coinbase

Bitcoin is the most popular digital asset in the world now, so many people what to invest and trade this digital money, but don't know much about it or how to go about it. Click How To Invest In Bitcoin to discover today the creation, growth, how to invest bitcoin, how to buy and sell bitcoin, also discover the best platform/site to use for holding your bitcoins. 

Before you can trade or start a bitcoin investment you need a bitcoin wallet. Now you must understand what this means and the features.

What Is Bitcoin Wallet?

 A Bitcoin wallet is a wallet used to save, receive and send bitcoin, it can be in form of a device (physical medium), program or services online that contains your public and/or private key. This serves as your bank account for bitcoin. Examples of the site that you can use to create a bitcoin wallet include but not limited to the likes of blockchain, LocalBitcoins, coinbase, and luno.

Features Of A Bitcoin Wallet

1. Bitcoin Address: used to receive payment in bitcoin.
2. Private Key: a secret key only known by the owner of the bitcoin wallet, used to decrypt data.
3. Public Key: used to encrypt data.

How To Create a Bitcoin Wallet On Coinbase

Coinbase is a digital currency exchange headquartered in San Francisco, California. Coinbase supports a variety of the most popular digital currencies, you can create an account for a free bitcoin wallet, learn how with the steps below;
Step 1: Visit www.coinbase.com

Step 2: Click "Get started" on the home page. A form pops up, fill your information there correctly and agree to coinbase terms & conditions. see the screenshot below.

Step 3: Verify your email address, go check your mailbox. If you can't find the mail from LocalBitcoins in your mailbox, check your spam folder or go back and click "Haven't received the verification link?".

Step 4: Set up two-step verification by inputting your phone number then, click "Send code". 

Step 5: A code will be sent to your number, enter code in this step. After this, you are done. Congratulations!!! You have just created a bitcoin wallet on coinbase. 

Read Also: How To Create Bitcoin Wallet On Blockchain


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