A bitcoin wallet is an application software which can be stored, either online or off-line mode. It is just like a normal bank account in which bitcoin is kept. The user of bitcoin makes an online transaction of this digital currency by buying or selling it to the other people, making an online currency exchange or you can trade in bitcoin in the market place.
You can purchase bitcoin through different ways. Users can make payment for the bitcoin by using saving bank account or with a credit card or with a debit card or using PayPal payment method. It completely depends upon users wish, what method they prefer to.
Security of Digital Currency:
Users are free, where they want to keep bitcoin. It can be saved in the online bitcoin wallet or in off-line wallet i.e, on the desktop. In fact, both methods of wallet creation have its own merits and demerits.
The most preferable and most secure method is offline method. The hackers can never break password of your desktop wallet. It is again the responsibility of the user to prevent your computer system from the virus attack. To get the protection of your wallet from the virus attack, so that you can buy perfect money use updated anti-virus on your system that scans your system time to time of the virus activity.
Another method to keep your wallet secure, is to take a proper backup of your system in computer's hard disk. It is likely, that your system may crash or power failure, by keeping backup of your system wallet, then you will be prevented from such undesirable activities. Your bitcoin wallet is your investment calculator that keeps the check number of bitcoin transferred from the wallet.
You can purchase bitcoin through different ways. Users can make payment for the bitcoin by using saving bank account or with a credit card or with a debit card or using PayPal payment method. It completely depends upon users wish, what method they prefer to.
Security of Digital Currency:
Users are free, where they want to keep bitcoin. It can be saved in the online bitcoin wallet or in off-line wallet i.e, on the desktop. In fact, both methods of wallet creation have its own merits and demerits.
The most preferable and most secure method is offline method. The hackers can never break password of your desktop wallet. It is again the responsibility of the user to prevent your computer system from the virus attack. To get the protection of your wallet from the virus attack, so that you can buy perfect money use updated anti-virus on your system that scans your system time to time of the virus activity.
Another method to keep your wallet secure, is to take a proper backup of your system in computer's hard disk. It is likely, that your system may crash or power failure, by keeping backup of your system wallet, then you will be prevented from such undesirable activities. Your bitcoin wallet is your investment calculator that keeps the check number of bitcoin transferred from the wallet.