How to create a bitcoin wallet
Start writing a post
Lifestyle

How to create a bitcoin wallet

One certain (and definitely outdated) way of creating a bitcoin wallet is to download a whole Bitcoin blockchain that is estimated to occupy more than 300 GB of disk space.

27
How to create a bitcoin wallet

One certain (and definitely outdated) way of creating a bitcoin wallet is to download a whole Bitcoin blockchain that is estimated to occupy more than 300 GB of disk space.


The download speed won’t be nearly as close to that of a conventional movie via a torrent file. It might take weeks to commence.

The reason for this is that the Bitcoin client verifies all past transactions on the go. There is a way to circumvent the difficulty: go for an online (the so-called “hot”) wallet, which is accessed through a web browser. It has a familiar interface of any other web-based service and the same safety measures: email address or login, password, and possible two-factor authentication method (e.g. a phone number or a Google Authenticator code). Still, you have no access to the wallet’s seed phrase.

Is it safe? No. The seed phrase is a 12 or 24 word mnemonic that represents a unique user’s private key. Simply put, if you own the key, you own the wallet. If you don’t – the wallet provider owns it (and all the related assets).

For that reason, you better look for advanced software and hardware solutions that leave you in possession of the seed phrase and provide all the necessary functionality, being easy to download and set up at the same time.

Anonymous Bitcoin Wallet of the Year

Trustee Wallet is provably the best anonymous bitcoin wallet that is actively being developed while most of the other ones have been abandoned.

First and foremost, this anonymous bitcoin wallet removes the difficulties connected to setting up and running a full Bitcoin node. Second, it leaves the seed phrase in your possession.

How to create a new wallet with the Trustee bitcoin wallet app?

Trustee Wallet is a mobile application, available at respective iOS and Android app stores; it is super easy to install in a single click. Make sure that you find the authentic app, using the link from our website.

It is preferable to use a referral code during the installation because doing so will benefit the person who provided the code.

During the initial setup immediately after the installation, the app will ask you to write down the seed. As it’s done, you’re all set to start swapping the coins that are included in the fresh wallet and add the new ones. To trade crypto coins for liquid cash, specify your bank credit card details. This latter step is only required if you intend trading with fiat money, although the app is perfectly sufficient for crypto‑only transactions.

The third vital advantage of this anonymous bitcoin wallet app is the total absence of excessive data collection. The growing concerns around user privacy have recently resulted in numerous legal cases against the largest IT corporations of the world, like Facebook (now Meta) and Google; Trustee, on the other hand, is not out for your personal data and usage metrics. None of it is collected with the purpose of building your consumer profile, so rest assured that Trustee Wallet does nothing else but the job it is meant to do. And it does the job well.

Buy Bitcoin Online with Trustee Wallet

Trustee is a multicoin wallet. It performs operations with an ever-increasing number of coins—notably, Ether, Litecoin, Cardano, Monero, Polygon, Binance Coin, and more—and you can as easily buy bitcoin with credit card as any major altcoin, plus, virtually any token (provided that you know its contract address).

The step-by-step guide by the Trustee Wallet team describes in detail how to buy bitcoin with credit card, so follow the link if you’ve installed the app already! Basically, any other coin is acquired in the same way.

  • Compared to any conventional exchange services, Trustee enables you to buy bitcoin online more easily:
  • Trustee links to a number of online exchanges and displays the most lucrative deal for the specified bid.
  • Trustee’s built-in cryptocurrency marketplace can be accessed everywhere from your mobile device; the Internet connection is all you need.
  • Unless you enable extra authentication steps, they are disabled by default, greatly reducing the time to make a simple purchase or transfer some coins.
  • Trustee Wallet does not collect or process your credit card credentials, personally identifiable information, or behavior metrics.

On top of that, every time you buy BTC with credit card, the person who referred you receives some bonus crypto. Refer more users yourself and benefit from the cashback program too!

Why You Need to Choose Trustee Wallet - Best Bitcoin Wallet App

Trustee Wallet is the overall best wallet out there. Let us summarize its advantages over most other mobile bitcoin wallets:

  • Those who refer enough new users and actively trade large volumes of cryptocurrency coins for fiat money, have a significant additional source of income: referral bonuses and cashback.
  • Trustee supports the assortment of coins and tokens. It is convenient to store and trade your digital assets (including non-fungible tokens) in one place.
  • Trustee links to multiple online exchanges without the necessity of registering on each of them.
  • Trustee is instrumental to achieve one’s personal financial freedom via low-cost peer-to-peer blockchain transactions.

Finally, Trustee is a gateway to dozens of DeFi services. Compare it to the wallets you have used so far. Honestly, is there another one that excels in at least a couple of parameters?

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

933361
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less
Student Life

Top 10 Reasons My School Rocks!

Why I Chose a Small School Over a Big University.

109593
man in black long sleeve shirt and black pants walking on white concrete pathway

I was asked so many times why I wanted to go to a small school when a big university is so much better. Don't get me wrong, I'm sure a big university is great but I absolutely love going to a small school. I know that I miss out on big sporting events and having people actually know where it is. I can't even count how many times I've been asked where it is and I know they won't know so I just say "somewhere in the middle of Wisconsin." But, I get to know most people at my school and I know my professors very well. Not to mention, being able to walk to the other side of campus in 5 minutes at a casual walking pace. I am so happy I made the decision to go to school where I did. I love my school and these are just a few reasons why.

Keep Reading...Show less
Lots of people sat on the cinema wearing 3D glasses
Pinterest

Ever wonder what your friend meant when they started babbling about you taking their stapler? Or how whenever you ask your friend for a favor they respond with "As You Wish?" Are you looking for new and creative ways to insult your friends?

Well, look no further. Here is a list of 70 of the most quotable movies of all time. Here you will find answers to your questions along with a multitude of other things such as; new insults for your friends, interesting characters, fantastic story lines, and of course quotes to log into your mind for future use.

Keep Reading...Show less
New Year Resolutions

It's 2024! You drank champagne, you wore funny glasses, and you watched the ball drop as you sang the night away with your best friends and family. What comes next you may ask? Sadly you will have to return to the real world full of work and school and paying bills. "Ah! But I have my New Year's Resolutions!"- you may say. But most of them are 100% complete cliches that you won't hold on to. Here is a list of those things you hear all around the world.

Keep Reading...Show less
Lifestyle

The Ultimate Birthday: Unveiling the Perfect Day to Celebrate!

Let's be real, the day your birthday falls on could really make or break it.

55914
​different color birthday candles on a cake
Blacksburg Children's Museum

You heard it here first: birthdays in college are some of the best days of your four years. For one day annually, you get to forget about your identity as a stressed, broke, and overworked student, and take the time to celebrate. You can throw your responsibilities for a day, use your one skip in that class you hate, receive kind cards and gifts from loved ones and just enjoy yourself.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments