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The following post will deal with the first thing a Bitcoin trader needs (after learning about Bitcoin ), which is a Bitcoin wallet! Just like you have a physical wallet for your cash, the Bitcoin wallet is where you would store your bitcoins. There are many kinds of wallets, some are physical, some are digital. This guide will help you choose the best Bitcoin wallet for your needs.

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There are basically 2 ways that you can import your Bitcoin Private Key into the blockchain to redeem the Bitcoins within your Vircurvault Bitcoin Paper Wallet, or any other paper wallet for that matter. This guide will specifically note how customers using the Vircurvault Bitcoin Paper Wallet can redeem their Bitcoins, although anyone with a Bitcoin Paper Wallet should be able to use it to...

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How Do I Open My First Bitcoin Wallet?

Step 0: What is a Bitcoin wallet?

A Bitcoin wallet is where you can store, receive, and send bitcoins. It's like your own "bank account". All wallets have a Bitcoin address (also known as a public key). Your Bitcoin address is like your email address; it's what you give out to people to be able to receive bitcoins.

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In the same way that you wouldn't walk around with your real wallet hanging out of your back pocket, or keep your bank card PIN number on a piece of paper inside that wallet, you need to be security conscious about your bitcoin wallet, too.

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