Bitcoin (BTC) wallet online
How to create a BTC crypto wallet? Preferably with the ability to exchange, buy and sell in a few clicks? Email and a phone number be enough.
Why do I need a Bitcoin wallet?
Bitcoin is a special currency that is not tied to pieces of paper or metal coins, and therefore a special wallet is needed to store BTC. They come in different types, but each and every holds public and secret keys to the cherished coins.
Public keys in a cryptocurrency wallet are addresses to receive or send. The Bitcoin address is issued for free to any BTC user and looks like a sequence of 33 Latin letters and numbers.
Secret keys are a secret phrase (seed), sometimes a master password, which allows the system to make sure that it is the real owner who is going to send bitcoin wherever he wants. Any wallet will warn you about the need to write down these keys and keep them secret!
How to store Bitcoin securely?
To protect your cryptocurrency wallet from hacking, do not transfer, show or tell anyone with your private key, wallet password or master password.
Use cold or hybrid crypto wallets, it is dangerous to store Bitcoin on a hot wallet for a long time.
Use a complex password and additional security methods like two-factor authentication, master password, fingerprint authentication, etc.
Write down on several sheets of paper and hide the password, master password, and seed phrase securely in different places.
Follow these simple rules and the chances of losing control over the wallet with the cherished cryptocurrency will be minimal.
What can the EXBASE.IO cryptocurrency wallet do?
Buy, sell, and exchange the most common cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH), all within one wallet. It is possible to deposit and withdraw fiat funds, as well as to exchange them directly for various cryptocurrencies.
EXBASE.IO crypto wallet security
Multifactor Configurable Authentication is a great security measure because it relies on at least two devices instead of one. This somewhat slows down access to the account, but greatly increases the security of the funds stored in the wallet.
Decentralization of sales, purchase, and exchange processes. There is, of course, a central server, but it does not store information relating to users, and operators, technically, cannot do anything with user’s cryptocurrency assets.
Continuous development and implementation of new methods of protection. For example, the implementation of the Multi-sig system is planned. Wallets protected by multi-signatures are among the most reliable at the moment.
The security of the wallet is at a high level, thanks to the use of MasterPassword, which encrypts the Seed key passphrase. This password, which is known only to the user, confirms every operation of the system. Therefore, an attacker will not be able to access your funds even if the system is compromised. We do not store it on our servers for the security of your funds.
The hybrid type of wallet allows users to connect wallets to the Internet only as they log in, which achieves a high level of security outside of access sessions, and two-factor authentication and confirmation of actions via email and phone, together with the master password, allow us to declare the reliability of the EXBASE.IO wallet.
How to receive Bitcoin in EXBASE.IO wallet?
Go to the "Portfolio" tab of your personal account and click on the "Receive" button under BTC.
A warning window will open, followed by a window with a long sequence of characters - this is your Bitcoin address!
How to send Bitcoin (BTC)
Go to the "Portfolio" tab of your personal account and click on the "Send" button under BTC.
A window with a sending form will open - fill in all the fields, confirm the correctness of the filling, enter the security code from the mail and go!
How to buy Bitcoin (BTC)
To do this, in the EXBASE.IO wallet, it is enough to add the usual (fiat) money to the wallet, and then in the “Buy / Sell” tab select the desired cryptocurrency and click “Buy” under it.
A window will appear with the details of the operation, enter the desired values and BTC is almost in your wallet! It remains only to wait for the confirmation of the operation from the blockchain.
