BitSeeds: Overview of Using a Cryptocurrency Wallet

 

This video continues the tutorials on BitSeeds with an overview of the wallet application. All cryptocurrencies such as Bitcoin use a “wallet” which is a program that works kind of like a cross between a traditional physical wallet and a bank account. 

They’re free to use with no need to fill out lots of personal information and ask permission to use money the way you do with a bank. Anyone with a computer can use them and many currencies also have mobile wallet apps that work on your phone, too.

Most wallet apps work the same basic way so once you’re familiar with this one, you can be up and running with a Bitcoin wallet or most any altcoin. Let’s take a look.