Bitcoin wallets are software programs that are one of the many ways to store Bitcoin. They help keep your public and private keys safe and give you a way to send and receive Bitcoin while monitoring your balance and interacting with the blockchain. If you have Bitcoin, understanding the ways to store Bitcoin is absolutely […]
Author: bitamp
What is a SegWit Wallet?
If you’re searching for a Bitcoin wallet, you’ve likely found there are several types available. One is type of wallet solution for cryptocurrency, SegWit, is out there and understanding the difference between this wallet type and the others is key before you sign up. Understanding how Bitcoin Actually Works To understand cryptocurrency, SegWit and its […]
What is Parity MultiSig Wallet?
If you’ve done any reading on Bitcoin, you’ve likely come across articles about how to protect your cryptocurrency and how to ensure that whatever wallet solution you happen to lose can help keep your Bitcoin safe. There’s a reason for that. Hacks happen. Maybe one of the worst hacks comes with the tragic story of […]
What is Bitcoin Legacy Address?
To send or receive Bitcoin, one thing is needed – a wallet address. It’s made of anywhere from 26 – 35 alphanumeric characters, and it allows you to transfer Bitcoin from one place to another. Any Bitcoin address can be used to transfer the currency to any other address on the network, no matter what […]
How Does Bitcoin Work?
Bitcoin has survived for more than a decade, and while some were slow to consider this cryptocurrency a real player in the modern financial picture, these days, more people than ever are considering adding it to their portfolios or just using it as one more financial option. If you’re still a little unfamiliar with how […]
What is Bitcoin? A Complete Guide.
When you think of money, you likely don’t think of Bitcoin, but increasingly, that is changing. Quickly replacing fiat currency in many settings, cryptocurrency use is on the rise and the value has continually been predicted to increase over the next several years. Understanding exactly what Bitcoin is, though, its history, and how you can […]
What is the Bitcoin Lightening Network and How Does It Work?
When Bitcoin was initially proposed in a 2008 whitepaper by Satoshi Nakamoto, some of the biggest concerns around the cryptocurrency involved whether it could scale up to the necessary size to provide a real alternative to fiat currency. These days, that’s still an incredibly serious problem for the cryptocurrency as it can process just seven […]
Bitcoin Trading Guide
You may have heard about a market for Bitcoin and wondered, “What is bitcoin trading?” You’re not alone. Bitcoin trading can be a terrifying prospect if you’re not yet familiar with the basic terminology, the market itself, reading the trends, and building a trading plan. All of these things are key to becoming a successful […]
Moving Bitcoin from an Exchange to Your Private Bitcoin Wallet
Can you move Bitcoin from an exchange to a third-party wallet of your choice? Is it expensive? Are only a select few wallets able to do this? These are common questions for people with minimal crypto knowledge. However, all of these questions have very simple answers. Moving crypto from an exchange to a private or […]