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How to make a bitcoin wallet

By Adam - CEO @ Bitcoin Well

/ 2023-05-18

Welcome! And congratulations on making the very important step towards owning bitcoin by opening a bitcoin wallet. This guide will show you how to make a mobile bitcoin wallet. A mobile bitcoin wallet is good for early bitcoiners at the beginning of their bitcoin journey who are starting and want to learn about bitcoin. Mobile bitcoin wallets are perfect for testing or using small to moderate amounts of bitcoin, but not long-term storage. If you are looking to hold large sums of bitcoin I recommend a hardware wallet. If you would like some support in purchasing and using a hardware bitcoin wallet, our Bitcoin Specialists would be happy to help you! We offer free consultations to help you along your bitcoin journey. You can book some time with them here.

Now, let’s walk through opening a bitcoin wallet! For this tutorial, we will use Blue Wallet. I personally use Blue Wallet for my mobile bitcoin needs and recently showed you how to transfer your wallet and the bitcoin inside from WellWallet to Blue Wallet by importing the private key. 

Step by step - TLDR

  1. Download the Blue Wallet app –  https://bluewallet.io/
  2.  Backup the wallet seed phrase
  3. Locate your receiving address (will be an alpha-numeric string)
  4. Copy your receiving address (tap the QR code)
  5. Paste your receiving address into bitcoinwell.com/app

Step by step – Explained

1 – Download and Open Blue Wallet:

Once you’ve downloaded the Blue Wallet app, open it and select “Add Wallet.” This is the first step to creating a secure place to store your bitcoin.

2 – Choose Wallet Option:

⁠You’ll see a few wallet options. Select “Bitcoin.” This is the type of cryptocurrency that your wallet will hold.

3 – Write Down Your Recovery Phrase:

Adam - CEO @ Bitcoin Well

Adam - CEO @ Bitcoin Well

Founder & CEO of Bitcoin Well. Since Adam found bitcoin in 2013 he has been passionate about making it accessible and understood. Recently, Adam's attention has shifted towards making bitcoin usable. Future-proof your money at bitcoinwell.com/join