How To Create Bitcoin Account Earn Money || Bitcoin Account Kaise Banaye || What Is Bitcoin

 Hello everyone, this is often Spencer from wealth x and today we're getting to find out how to urge a bitcoin wallet. Also you'll find out how to urge a wallet for just about the other cryptocurrency, which you'll likely want to try to to if you're getting Bitcoin. So, very first thing to notice , there is a lot of the way to urge a bitcoin wallet, okay, you'll even have a bit of paper that features a bitcoin wallet, you'll have a touch thumb drive, it is a bitcoin wallet, you'll have different sorts of online bitcoin wallets, there is a lot of the way to try to to it, I'm getting to show you the way that I consider both safe and straightforward to use. then there's quite a spectrum of sort of a really, really safe, for instance , a bit of paper. and there is easy to use, which obviously may be a little easier to hack, because it's online, and it's instantly accessible. So I'm getting to show you a reasonably middle road that you simply can take where you've got safe places to store your Bitcoin during a safe wallet, but also,

it's pretty easily accessible, and you do not need to quite worry about it considerably . So you're gonna wanna go down below, you're gonna want to make a Coinbase account, if you do not have one to try to to , that's fine. Cool thing that link is you will get $10 after you purchase $100 for the Bitcoin or $10 in Bitcoin. So once you're there, you're likely to travel through some verification stuff, submitting an ID connecting a checking account , things like that they are very secure with Bitcoin. So you're gonna eventually get to an area where you're sitting on a dashboard like this, okay, you're gonna want to travel to accounts, and you're gonna, you're gonna have, you're gonna have a bitcoin wallet that it comes with, you're gonna have an aetherium wallet that it comes with, you're gonna have a US dollar wallet that it comes with, and you're gonna have a Litecoin wallet that it comes with. So you've now got a wallet, 

you've got an area where you'll store Bitcoin Litecoin aetherium US dollars. But this is not the foremost secure way. So this is often what i used to be talking about. this is often probably the smallest amount secure way. Okay, so I'm getting to show you another step that you're going to want to require to truly secure your online wallet, you're gonna go down here, you're gonna click new account, okay. and i am getting to do that with Litecoin, because I've already created this with Bitcoin, but you'll just do that with Bitcoin, exactly what I'm doing, and you're gonna click vault. Okay. Now, let me explain the concept of this, if someone was ready to hack your Coinbase account, which Coinbase hasn't been hacked as an entire , but individual accounts are hacked, okay, they use your email, they hack your telephone , there's many ways they will get into Coinbase. which suggests that albeit Coinbase hasn't been hacked, your personal account could still go. So what we would like may be a vault and what a vault is, is actually it, it slows down the selling process. So when a hacker comes in, and that they hack your personal Coinbase account,

what they are doing is that they instantly send the Bitcoin straight to their address, then it's untraceable. They sell the Bitcoin and they are gone, and you're finished you cannot catch on back. Okay, it all happens very instantaneously. So what a vault is, is it slows down that process of vault is sort of a checking account that does not allow you to withdraw for 2 days, it causes you to give them two email addresses and a text and it's sending notes to all or any three saying, Hey, we noticed that you simply requested a transfer of your Bitcoin Are you sure you would like to try to to that? And you've got to click and verify across all three, usually about two sometimes 3 times which suggests that I should your account are hacked, you're very likely to be ready to revisit control of your account within 48 hours and you will not lose any of your your Bitcoin. So I hope that creates sense. So typically, if I wanted to only use my bitcoin wallet to sell Bitcoin, or to send Bitcoin to somebody, I could enter here, bitcoin wallet, and that i could send it in two seconds, I click Send, given an address and go, which is sweet , but also really bad if your hat then that's why you would like to make , you would like to make a volunteer, you'll click Litecoin, or you'll click Bitcoin sorry. Okay, you're just gonna say name, your BTC vaults, you're gonna name it BTC vault, I'm getting to name mine, 

LTC vault. And it says, who will approve withdrawals, individual meaning all for my very own or a gaggle . So you'll have a few people with a few email addresses and a few phone numbers that each one need to verify. i would not go that intense unless you've tons of Bitcoin. So it's gonna say primary email, that's my email, that's where you're gonna send one message and it says secondary email. So I'm gonna put during a secondary email that i would like to send verification messages well therein 48 hour period. Okay, and it's getting to send a confirmation, your secondary email, as soon as you click that you're good to travel , you now have a vault. I'm getting to pause real quick while I do this . Okay, as soon as you click that, that link in your email and say, Yes, I verify that I own this email. It'll say complete, it'll allow you to know it is a 48 hour time delay, offer you all the places where it sends notifications, etc. Mine's blurred out obviously. and you will click still evolve. Okay.

So now in your account, you will have a bitcoin wallet, and you will even have a Bitcoin vault. Okay, so once you go buy your Bitcoin, which is extremely easy to try to to , then you are going to require to send that Bitcoin so you'll enter your Bitcoin wallet, and you will want to send it Oh, whoops, I did that wrong. You're gonna want to deposit it into your Bitcoin vault. So you are going to be in your accounts, you are going to travel deposit and you are going to safe deposit from my bitcoin wallet, and it's getting to offer you what proportion is therein wallet immediately . I only have what 371 so I'm gonna say, threes, I'm gonna say or it's point O four, one bitcoin 1883. Okay, I'm getting to say i would like to transfer that into my vault. It's gonna say done. Now on behalf of me to urge out of that vault, I'm getting to need to wait 48 hours. Okay? So typically you're buying your Bitcoin to take a seat on and hold, right, 

you're not buying it to sell in two hours or three hours. If you're , you do not want it in your Bitcoin wallet, but typically you're buying it to only sit thereon and wait till Bitcoin raises tons in value. So this is often the safest thanks to have your Bitcoin during a safe place with Coinbase not you recognize , sitting on a bit of paper that you simply can lose or which will burn or it can get wet or all types of problems. So it's safe with Coinbase but also fairly safe from hackers. Okay, so hope you enjoyed this video. If you are doing want to possess it on your own digital harddrive, that's fine, I've got other videos that they'll probably crop up as YouTube, you know, realizes that you simply could be curious about that and to travel ahead and click on those. This channel is all about Bitcoin and every one about the way to really build your wealth. So if you are looking to try to to that, plow ahead and plow ahead and slap subscribe, and you will see awesome videos. So that's your life about how you'll grow your wealth and make smart investments and develop a passive income.