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Start trading Bitcoin and cryptocurrency here: http://bit.ly/3pupsNJ A Bitcoin wallet is a device or program that stores your private keys and allows you to interact with the Bitcoin blockchain (i.e. send and receive Bitcoins). It’s important to differentiate between wallets where you have complete control over your private keys (non-custodial) and those that don’t give you access to your keys (custodial). That's Bitcoin wallets in a nutshell. For the complete explanation keep on watching the video here's what I'll cover: 0:55 - Bitcoin wallets in a nutshell 1:22 - What is a private key? 1:55 - What is a Bitcoin address? 2:22 - What are HD wallets? 3:13 - Backing up your private key 3:41 - Different Bitcoin wallet available 7:30 - Cold storage wallets 7:51 - Paper wallets 8:25 - Hardware wallets 9:07 - Brain wallets 10:00 - Multisig explained 11:31 - How to choose a Bitcoin wallet 12:53 - Conclusion For the complete text guide visit: http://bit.ly/2zYDVeo Join our 7-day Bitcoin crash course absolutely free: http://bit.ly/2pB4X5B Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel: http://bit.ly/2BVbxeF See anything we haven't covered? Leave us a comment in the comment section below
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