{"id":1858,"date":"2017-01-11T19:26:30","date_gmt":"2017-01-11T19:26:30","guid":{"rendered":"https:\/\/blog.holytransaction.com\/?p=1858"},"modified":"2020-11-22T17:02:12","modified_gmt":"2020-11-22T15:02:12","slug":"how-to-store-bitcoin","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/01\/how-to-store-bitcoin.html","title":{"rendered":"How to Store Bitcoin: Easy Multicurrency Wallet"},"content":{"rendered":"<p align=\"justify\">If you are a newbie, maybe you are asking yourself the following question: <strong>how to store Bitcoin?<\/strong> Which is the safer and cheapest wallet on the web? Why should I open a multicurrency wallet?<\/p>\n<p>Well, today I want to answer people who are trying to start using Bitcoin and cryptocurrencies in general.<\/p>\n<p>First of all, wallet stores a\u00a0private key that you need to access a bitcoin address for storing and spending your digital currencies.<\/p>\n<p>Bitcoin is a distributed and revolutionary method of payment also defined as <em><strong>Internet of Money<\/strong><\/em>\u00a0as it is a virtual currency without any physical attribution.<\/p>\n<p>So, how to store Bitcoin?\u00a0We store fiat cash in a physical wallet and Bitcoin works in a similar way, as you will need a virtual wallet.<\/p>\n<p>As well as Euro or Dollar are physical and should be stored in a physical wallet, so bitcoin are virtual and shall be kept in an equally virtual wallet.<\/p>\n<p>If I have to be more specific, you don&#8217;t technically store bitcoin anywhere. What you store is the secure digital key you need to have in order to access your public bitcoin addresses and execute transactions.<\/p>\n<h2>How to store Bitcoin in a Web wallet<\/h2>\n<p><a href=\"https:\/\/holytransaction.com\"><strong>HolyTransaction<\/strong><\/a> is a web wallet where you can store your private keys online, on a computer, and connected to the Internet, of course.<\/p>\n<p>One of the<strong> main\u00a0advantages of a web wallet<\/strong> is that you can access them from anywhere and on any device you are using.<\/p>\n<h2>Security and Privacy<\/h2>\n<p><a href=\"https:\/\/holytransaction.com\/app#!\/signup\">To create your web wallet<\/a> you just have to enter your email address. You don&#8217;t need to have a bank account or send your ID card, so you can set up it in just one minute.<\/p>\n<p>One way to protect your wallet is encryptit it with a <strong>strong password<\/strong>. This will make it difficult to access to your funds.<\/p>\n<p>Also, you can use a <strong>two factor authentication code.\u00a0<\/strong>In this case you should download a free app called &#8220;Google Authenticator&#8221; on your mobile phone and scan the QR code obtained. Then everytime you need to execute a transaction you&#8217;ll have to enter the two-factor authentication code. And, of course, this will make your wallet safer.<\/p>\n<h2>Multicurrency Wallet<\/h2>\n<p>A Multicurrency wallet is a virtual wallet where you can store <strong>different kinds of digital currencies<\/strong> within the same place.<\/p>\n<p>If you have multiple cryptocurrencies, you typically have to manage multiple wallets for each one. This could be a time consuming task. With <a href=\"https:\/\/holytransaction.com\/blog\/2017\/06\/easy-bitcoin-exchange.html\">HolyTransaction<\/a>, since it supports several digital currencies, you don&#8217;t have to manage a few wallets and you can just log into one wallet and toggle between them in one user interface, making the task much easier.<\/p>\n<p>So, with just one registration and <strong>only one password to remember<\/strong>, you can store <strong>not only Bitcoin<\/strong> but also the other major cryptocurrencies such as <strong>Ethereum, Zcash, Dash, TetherUS, Monero <\/strong>and<strong> Dai Stablecoin.<\/strong><\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>If you are a newbie, maybe you are asking yourself the following question: how to store Bitcoin? Which is the safer and cheapest wallet on the web? Why should I open a multicurrency wallet? Well, today I want to answer people who are trying to start using Bitcoin and cryptocurrencies in general. First of all, [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":1861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,191],"tags":[764,1109,1233,1327,1333],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Store Bitcoin: Easy Multicurrency Wallet -<\/title>\n<meta name=\"description\" content=\"Are you a newbie? Do you know how to store Bitcoin and how to open a free multicurrency wallet? 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