How Use the Bitcoin.com Wallet
Read an important announcement about Bitcoin from Bitcoin.com
To send or receive bitcoin, you will need a Bitcoin wallet. This guide covers how to install and use the basic features of the official wallet of Bitcoin.com.
Step 1: Download the Bitcoin.com Wallet
You can download the Bitcoin.com Wallet for a number of devices including computer and smartphone. Search for “bitcoin.com wallet” in the Google Play store for Android users (or the App Store on your iOS device). Find the “Bitcoin Wallet” from Bitcoin.com or look for the Bitcoin.com logo. Then tap the “Install” button.
Tap ‘Install’ to download the Bitcoin.com Wallet App
Android will let you know which permissions the app needs to function correctly. Don’t worry, only essential permissions are required. For instance, the app needs access to your device’s camera to scan QR codes when sending bitcoin to others. Many professionals have reviewed the source code for the Bitcoin.com Wallet and deemed it 100% secure. The code is also available to the public should you wish you check it yourself.
Tap “Accept” to begin the download. Once complete, the Bitcoin Wallet will be accessible from your home screen. If you can’t find it there, look wherever the list of all installed apps on your phone is.
Step 2: Getting Started with Your Bitcoin.com Wallet
The first time you open your Bitcoin.com Wallet you will be guided through the setup process automatically from within the app. This process takes about 5-10 minutes and can seem tedious but rest assured that following these instructions is extremely important to protect the safety of your bitcoins. Grab a pen and piece of paper, find a place away from other people, and tap “Get started” to begin.
You will be shown a series of screens with some background information about Bitcoin. Read the contents of each page and press the text or button at the bottom the screen to continue to the next. These introductory screens can help you understand what bitcoin is. For more guides and information about Bitcoin please have a look at our Getting Started page.
Tap the “Create bitcoin wallet” button to get started.
You will be asked for your email at the next step. This is a good idea if you want to be notified each time you receive bitcoin by email. It is also recommended to tap the option “Get news and updates from Bitcoin.com” to stay on top of awesome news and content updates from Bitcoin.com
Step 3: Backup your Bitcoin.com Wallet
So far, this is been a breeze! The next step is very important, however, so pay attention. Before thinking about sending and receiving bitcoin, you need to backup your wallet.
Taking a few minutes to backup your wallet is a best practice for all Bitcoiners
Follow the instructions and write down the 12 words in order from left to right. This is your “recovery/backup phrase”. Note, that the backup phrase used here is for demonstration purposes only. Your unique backup phrase will be different. If you ever lose your phone or get a new one you will use this phrase to verify that you are the owner of the wallet before being granted access. This is why it is important to keep the phrase safe and away from the eyes of others. Store the code as securely as you would cash or other valuables, you may lose your bitcoins forever if your device is lost, stolen or damaged and you chose not to backup. Some users laminate the paper or use some other means of keeping it safe from moisture or grime. Also, feel free to make several backup copies and store these in various safe places, e.g. bank safety deposit box, in a secure drawer, home safe, etc.
Write down your backup phrase and store it somewhere safe
Once you have written down the phrase, tap “I’ve written it down”. Next, you will be asked to verify the phrase. This is just another measure to ensure that you are backed-up properly. Complete this step by tapping the words in the order in which they appear on your hand-written backup phrase. Once you do this you should see the the backup confirmation screen.
Backup complete. Nice job!
Step 4: Setup Your Bitcoin.com Wallet
Your Bitcoin Wallet so ware is now ready for use. Your list of Wallets will then appear at the top of the screen. Unless you started with a backup or recovery phrase, your balance will be 0 BTC.
Your wallet home screen. Tap the X in the top right corner to hide the “wallet is ready” message
There are 5 navigation tabs at the bottom of the Bitcoin.com Wallet App:
- Home | Displays basic information like BTC balance at a glance. Has helpful links for buying bitcoin, guides, news, and games
- Receive | Generates a new Bitcoin address to which others can send you BTC.
- Scan | Uses your phone’s camera to scan another user’s BTC address (in QR Code form). Makes sending BTC a breeze.
- Send | Allows you to send your BTC to others by inputting their Bitcoin address.
- Settings | Application settings: setup new wallets, edit wallet names, change currency display, set spending password, etc.
Step 5: Add Some BTC to Your Wallet
The quickest way to get some BTC is to buy directly within the wallet app using a credit card. To do this, navigate to the home screen and tap “Buy Bitcoin”. For other ways to buy Bitcoin, check out our guide on the subject.
Tap the Buy Bitcoin button to purchase with your credit card
Alternatively, you could ask a Bitcoiner friend of yours to send you some BTC. To do this, simply share your bitcoin address by navigating to the “Receive” tab, and tapping on the QR Code image or the address itself.
Tap the QR code to copy your Bitcoin address to the clipboard
Once copied, you can paste your address into a text message or email and share with your friend. Also, you can also simply show the QR code to your friend(s) and have them “Scan” the image with their device. This is the most convenient way to give someone your Bitcoin address.
How to Spend BTC from Your Bitcoin.com Wallet
If your BTC balance is zero, you cannot send bitcoin to anyone. You will be presented with a screen, pictured below, to help you either buy bitcoin or show your bitcoin address that you can share with others so they can send you some BTC.
Add some BTC to your balance in order to send to others
When sending and receiving bitcoin it is important to note that the sender and receiver to not need to have the same brand of bitcoin wallet. To understand this, let us use email as an example. Email is a protocol, like bitcoin. Gmail, Yahoo Mail, Hotmail, and others are all website that allow users to use email. Some email services have functionality that others do not but they all are the same when it comes to sending and receiving bitcoin. One of the key aspects of Bitcoin transactions is that fundamentally it’s the sending of data over the Internet in a secure fashion. All Bitcoin wallets and other related services follow a standard format and rules.
Securing Your Bitcoins and Protecting Yourself Online
That wraps up our guide to using the Bitcoin.com Wallet. In closing, we would like to remind you that Bitcoin security is entirely up to the user. There is no Bitcoin customer service to email if you lose your backup phrase. There is no “forget password” button. This might seem daunting but such is the nature of using a peer-to-peer, decentralized network like Bitcoin.
Follow these steps to ensure the security of your bitcoin:
- Write down, and safely store your backup/recovery phrase that was given when you installed the wallet software/app
- Store your backup phrase as you would cash or other valuables
- It’s important that nobody untrusted have access or be able to see your backup phrase. They would be able to use it to gain access to your wallet and spend/steal your bitcoins
- Do not screenshot or copy and paste your backup phrase onto your PC or other device
- Never allow “remote access” to your PC (if running a full node, for example) to receive technical support. They may ask you to run the software and type in commands that may expose your private key and steal your bitcoins.
- Do not store all your bitcoins on a mobile device or with an online service if you have a significant amount of funds. That is, more than half a bitcoin (0.5 BTC). Consider “cold storage” which is a like a paper wallet, which may be stored in a safe deposit box or a safe inside your home or once. You can also use a hardware wallet such as a Trezor.
- A “hot wallet” is one with software connected to the Internet for transacting. A cold wallet is used for ‘cold storage’ which involves storing a piece of paper in a secure location, safe from hazardous weather or other conditions, which has a private key able to be added to a software wallet for later for access to the bitcoins.
- Watch out for scams. There are plenty of online scams unfortunately. They seem to be directed at those who are not entirely familiar with Bitcoin, or those who are fooled by get rich quick scams, or who believe claims that seem too good to be true.
- For example, there are legitimate sites for “cloud mining” where you pay to rent hardware to mine bitcoins for yourself. You can certainly make this profitable. Bitcoin.com has its own cloud mining pool, and is safe for those new to mining. But never send bitcoins to unknown sites that claim to reward you with large amounts of bitcoins at some point in the future, or give you a x number of bitcoins per day, or ask you to install a browser plugin or other software. These are almost certainly scams, and it is surprising that even those who understand Bitcoin very well and are active in the Bitcoin economy have been fooled out of a lot of bitcoins.
- Read Bitcoin.com’s Getting Started page with access to guides like, How to Avoid Bitcoin Fraud.
Welcome to the world of Bitcoin! Thanks for downloading the Bitcoin.com Official Wallet