Using popular mobile wallet apps
Ready to Get Started With Bitcoin?
The first step to owning Bitcoin isn’t buying—it’s creating a wallet. Think of it like your personal bank account, but without the bank. A Bitcoin wallet lets you send, receive, and store bitcoin securely. And with today’s mobile apps, setting one up is quick and beginner-friendly .
What Is a Bitcoin Wallet?
A Bitcoin wallet is a secure app that manages your private keys—the cryptographic tools that prove you own your bitcoin. The wallet doesn’t hold the coins themselves (those live on the blockchain), but it gives you the keys to access and move them .
There are many types of wallets:
- Mobile wallets (easy to use, great for beginners)
- Desktop wallets (good for personal computers)
- Hardware wallets (physical devices for maximum security)
For newcomers, mobile wallets are a great place to start.
Step-by-Step: Setting Up a Mobile Wallet
- Pick a reputable app
Beginner-friendly wallets include:
- BlueWallet (iOS/Android)
- Phoenix Wallet (iOS/Android)
- Muun Wallet (iOS/Android)
These are trusted, open-source, and give you control of your funds .
- BlueWallet (iOS/Android)
- Download and install
Always download from the official App Store or Google Play links. Avoid third-party or copycat apps. - Create a new wallet
When you open the app, choose “Create New Wallet.” The app will generate a recovery phrase—usually 12 or 24 random words . - Write down your recovery phrase
This step is critical. If you lose your phone, the recovery phrase lets you restore your wallet. Write it down and keep it offline in a safe place. Never save it digitally or share it. - Explore the app
Your wallet will now display a Bitcoin address and a QR code. These let you receive Bitcoin. You can also send Bitcoin when you’re ready .
Tips for Beginners
- Start small: Receive a tiny amount first to learn how it works.
- Test sending: Move a small amount to a friend or another wallet you own.
- Secure your wallet: Enable PIN or biometric authentication for extra protection .
Why This Step Matters
By creating your own wallet, you step into self-custody. That means you—not an exchange, not a third party—control your Bitcoin. It’s your money, your keys, your responsibility .
Learning this early builds confidence and ensures you’re not dependent on anyone else to access your bitcoin.