Securely Open and Use Your Bitcoin Wallet on Coin Wallet
Coin Wallet offers high-security, privacy protected storage for your Bitcoin assets — without compromising functionality. It’s the safe and reliable option for all your Bitcoin needs.
What is Bitcoin?
Bitcoin is the original blockchain-based digital currency. It was originated by Satoshi Nakamoto, the mind behind blockchain, as an anonymous, decentralized alternative to traditional currencies.
Bitcoin can be sent from user to user, traded for other crypto or fiat assets, or stored like any traditional financial asset. The difference is that Bitcoin is a peer-to-peer currency. That means no reliance on central banks or intermediaries.
Bitcoin is produced by miners who mine Bitcoin blocks on the blockchain. Its mining cap is set at 21 million coins to protect the value of its tokens.
How can I open a Bitcoin wallet account?
Opening a Bitcoin wallet with Coin Wallet is fast and hassle-free. You can register your Bitcoin wallet account from your computer or mobile device without providing any personal information.
The process is simple:
You will be given a unique passphrase. This is your only way to access your Bitcoin wallet account. This information cannot be retrieved if lost, so it is essential to record it in a secure place.
From here, you’re ready to send and exchange tokens with the app. You can buy tokens with credit card, Google Pay, Apple Pay, or your existing crypto assets.
Coin Wallet offers the Bitcoin wallet for Android, an Apple Bitcoin wallet, and an online desktop/laptop version.
How do you use an anonymous bitcoin wallet?
Coin Wallet wallets keep your transactions completely secure and anonymous. We store zero personal data, meaning that your account is virtually impossible to compromise.
The most important thing to remember about using an anonymous Bitcoin wallet is that no one can access your wallet except you — not even us. That means that your passphrase must be kept in a secure location because it cannot be retrieved from any database if lost.
What are the advantages of Bitcoin?
As the first and most popular cryptocurrency, Bitcoin is a strong asset both for trading and for everyday use.
Bitcoin is accepted at dozens of major retailers including Starbucks, Whole Foods, and Nordstrom, and this list is constantly expanding. Plus, Bitcoin has lower transaction fees than major credit cards like Visa and MasterCard.
Bitcoin’s blockchain-based mining and peer-to-peer, decentralized network means that transactions are secure and independent of centralized financial institutions.
What are the advantages of using a Bitcoin wallet app?
A Bitcoin wallet is necessary to buy, sell, or store Bitcoin tokens. They provide direct access to the blockchain and an interface to view, trade, or spend your Bitcoins.
All your Bitcoin transactions happen through your wallet, which is why it’s important to select a wallet provider that has strong security measures in place and can facilitate fast transactions.
Why store Bitcoin with Coin Wallet?
Whether you plan to use your wallet for secure asset storage, for daily trading, or as a convenient way to make day-to-day purchases, Coin Wallet has the features you need:
Fast, seamless payment. Coin Wallet has integrated payments via credit card, Google Pay, and Apple Pay so that you can purchase Bitcoin and other cryptocurrencies with the payment methods you already use.
Total privacy. Coin Wallet stores zero personal data to keep your transactions completely secure and anonymous. We also say no to third-party advertisers, which store personal data that can be used to track your crypto activity and link it to your other online and mobile usage.
A 4-pronged security approach. Coin Wallet users can count on the security of their assets. We use bank-level security to prevent hacking and application-level authentification to protect unauthorized logins. We ensure that only you know your password by not storing it in any database. And we keep your device fully localized by maintaining a server-free environment.