How to Fill BitCoin Wallet

After understanding the definition of BitCoin, the first thing you need to do to be able to use BitCoin is to create a BitCoin wallet. Just like your wallet / wallet money, this serves as your BitCoin storage. This wallet is tangible more than a bank account that is just a number. The wallet file you created is the same as most files you can move and store on various devices. You can even create duplicate files (but do not duplicate the money inside

BitCoin Wallet consists of two parts: a wallet file that stores the BitCoin and wallet apps (also called BitCoin clients) used to open the wallet file. That is, you can move the wallet files using a USB drive and open the file on a computer that has an application wallet. BitCoin clients are available for different OS, so you do not have to worry about compatibility.

In addition to using BitCoin client, you can also use online services such as Instawallet. This website creates a wallet file and associates it with specific URLs that you can bookmark. This allows you to access BitCoin wallet files from anywhere through internet connection. Of course, this also means you have to use a trusted service.

Here is the look of BitCoin client version of Mac that does not differ much looks with other versions:

How to Fill BitCoin Wallet

Well, after having BitCoin client, it's time to fill your wallet with money. There are 3 main ways to add BitCoin to your wallet: free donation and BitCoin, money exchange and trading (or become a BitCoin merchant).

Previously, let's get acquainted with other BitCoin terms. BitCoins are sent into your wallet via the receiving address, the random character string generated to point to your wallet. This process is similar to writing a certain nominal check, but the process runs automatically.

Interestingly, you do not need to use a single recipient address. It is even advisable to create a different receiving address for each transaction for easy tracking of transactions. Each receiving address that has been created will remain active, so it can be used again later if needed.

You can also fill BitCoin wallet via BitCoin mining (mine BitCoin). This will be discussed in the future.