Category: 3. Sending & Receiving Crypto

You can add the address either as a QR code, by scanning from the recipient wallet with your smartphone, or typing/pasting the full alphanumeric string. If using the string, be very careful to copy all the letters and numbers. Most services offer a copy button to avoid mistakes. Inputting the Amount Input the amount, then…

All currencies have different denominations. A Dollar breaks down to 100 cents, the same with Euro; Cryptocurrency is no different. Bitcoin was designed to break down to eight decimal places, and features four denominations: 1 BTC 1,000 mBTC (millibitcoin) 1,000,000 μBTC (microbitcoin) 100,000,000 Sats (Satoshis) How you’d like the App to display the balance is…

To download your Blockchain wallet use the button below which will take you to the Apple Store or Playstore. Once the App has successfully downloaded to your phone you’ll need to create an account. Creating An Account Though your Blockchain wallet is non-custodial and decentralised, you will still have an account for added security and…

A Mobile crypto wallet is nothing to be scared of. It is just an app that you download from the App Store or Play Store. There is a wide selection of wallets to choose from, and as with any other app that you are considering downloading, it is worth looking at the reviews with the…

What you’ll learn Setting up a mobile wallet Understand denominations Walk through send function Walk through receive function If you’ve read the previous article you’ll now be familiar with the basic concepts for safely storing cryptocurrency, and how a crypto wallet helps you do that. You’ll also understand some of things that differentiate wallet types…