Bitcoin Price and How To Create Bitcoin Wallet

BITCOIN PRICE – HOW TO CREATE BITCOIN WALLET

In the last post I have posted What is bitcoin, how does it works etc., clearly. Now I will explain about bitcoin price and how to create bitcoin wallet in this post.

You can create bitcoin wallet both online and offline.

When you create your wallet, you will get an address and this address is known as bitcoin wallet address. You can use bitcoin wallet address to receive bitcoin from anyone.

KNOW YOUR BITCOIN PRICE

The price of bitcoin continued its streak of gains day by day, setting a new record high that found its value rising 70% on the year.

1 Bitcoin value is,

1705.48 USD

2319.78 Australian Dollar

1568.38 Euro 

9427.53 Chinese Yuvan

110380.8 Indian Rupee

519.26 Kuwait Dhinar 

etc.,

The value of bitcoin will get updated every day, so be aware of how bitcoin price values to your currency each day. Get start to collect the bitcoin from the scratch. 

BUY BITCOIN VIA

You can buy bitcoins from either exchanges, or directly from other people via marketplaces.

You can pay for them in a variety of ways, ranging from hard cash to credit and debit cards to wire transfers, or even with other cryptocurrencies, depending on who you are buying them from and where you live.

Arun Kumar

Surprisingly, it’s still not easy to buy bitcoin with your credit card or PayPal, depending on your jurisdiction.

This is because such transactions can easily be reversed with a phone call to the card company (ie ‘chargebacks’). Since it’s hard to prove any goods changed hands in a transfer of bitcoins, exchanges avoid this payment method and so do most private sellers.

However, the options have recently grown for consumers in some countries.

In the US, Coinbase, and Circle offer purchases with credit cards. Bittylicious,CoinCorner and Coinbase offer this service in the UK, accepting 3D Secure-enabled credit and debit cards on the Visa and MasterCard networks.

Underbanked consumers in the US can turn to expresscoin, which recently launched to serve this market, accepting money orders, personal checks and wire transfers. First, get yourself a bitcoin wallet.

HOW TO CREATE BITCOIN WALLET ONLINE

I always prefer bitcoin wallet online than offline because this process does not take too much time, here you can create your bitcoin wallet and send and receive money by very simple steps. I always prefer blockchain.info for bitcoin transaction because it is a trusted platform and it is used by millions of people.

Here I’m going to explain how to create bitcoin wallet online using blockchain.info.

Note : If you can’t view the image clearly please click on the image for zoom in.

Step 1:

Visit blockchain.info website and click on wallet navigation menu.

Step 2:

By clicking on the wallet you will be redirected to a page like in the screenshot below, click on Create your wallet button.

bitcoin price

[Click in the image to zoom in]

Step 3:

Create your wallet by giving your mail address, password and click continue.

email

Step 4:

If the details given by you are valid it will take you to a new page as below screenshot.

continue

Step 5:

If you click get started in the above screenshot, it will take you to the new page, where you can send,receive money. If you need to know your bitcoin wallet address click on the “start receiving bitcoin” button, it will give your wallet address.

start

HOW TO SECURE BITCOIN ONLINE WALLET

In the above screenshot you will find an option “security center” in the left top of the screen.

By clicking on the button, it will take you to a page where you can secure your account.

You can secure your account by verifying e-mail address, linking phone number to your account etc.,

Conclusion

Buying bitcoins is not always as easy as newcomers expect. The good news is the number of options is increasing, and it is getting easier all the time.

Some may not even necessarily require a wallet or Internet access. Other ideas have included bitcoin debit cards, physical bitcoin ‘coins’ with a wallet value pre-loaded, and stored-value cards.

If you have any doubts regarding creating the account or bitcoin wallet comment below.

 

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