How to Set Up Your First Bitcoin Wallet
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- Опубликовано: 22 окт 2018
- A few weeks ago I asked people what they recommend to absolute beginners for buying bitcoin. Overwhelmingly people said Coinbase so I made a video about that, and will go over other awesome platforms in subsequent videos!
This is a step-by-step guide for setting up your first bitcoin wallet.
Check out my "absolute beginners" playlist for more videos!
• How to Buy Bitcoin: Ab...
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Thank you for an actual beginners guide tutorial. 99% are not for beginners, but this is. Thank you again!
Glad it was helpful!
👏👏👏 educational video + no referral code = great content. The outro song is 🔥 btw
So glad you liked it :)
Thanks for this guide! Most other "beginner" tutorials totally skip over setup and are like 50% shilling referral codes and it has been frustrating finding a guide that actually goes through the process. This was a great guide!
I’m really glad it was helpful!!
Excellent explanation, even a 5 year old can understand, I will share this with my Mom :) Keep the step by step videos coming. Thanks!
Thanks JB! I appreciate it :)
Excellent! Will share!
Thanks so much, Janne :) I really appreciate your support!!!
This is glorious, I've been looking for "invest 0.01 bitcoin" for a while now, and I think this has helped. Have you ever come across - Zenavid Nenillian Plan - (do a search on google ) ? Ive heard some extraordinary things about it and my work buddy got great success with it.
Very difficult to sign up on coinbase
good presentation, very straight forward and I agree good for non tech people to understand, i will share
I really appreciate that, JR!
Could I know what' is the bit coin adress.
Where I got it
Good job!
Thanks :)
Nice job!
Thanks!!
Video starts at 1:10
Thx for making it easy
Thanks for watching!
@@NaomiBrockwellTV cannot create account on Coinbase.com (!!!)
Do you have any alternate options for Coinbase? They have a very censorious nature like patreon I'm afraid and I'd rather not support them, and if there's one with a way to convert it back to Canadian dollars that'd be pretty handy.
Great stuff Naomi! it’s kinda crazy how Coinbase is so popular I guess it’s just the easiest .. it’s totally skeuomorphic in how you have to use a bank lol! It’s crazy to think how much the legacy system is still part of the future of money. Awesome stuff Naomiiii 👏👏👏🙏
Yeah been around for a long time too, I like a lot of the people involved, and super easy for beginners. For non-beginners I have other recommendations
Transaction fees?
where am i ? excellent 😆😆
Great tutorial, but people dont own their wallett there, i use it daily, but to be secure store your crypto inside a decentralized wallett where you have the 12 words phrase to stay in control of your bitcoins
ruclips.net/video/6Zagi7_rvwc/видео.html
What os the difference between robinhood and coinbase? I know nothing about crypto and am concerned about a third party owning my crypto instead of me.
Very difficult to sign up on coin base
If someone wants to pay you by bitcoin is it safe?
While the video itself is really well made, about halfway in I got appalled by the extreme amount of information and steps needed to get started. It's mindblowing.
Then I remembered that if you opt not to use coinbase, but rather install a wallet on your phone like copay, the setup is simple, easy and showcases the permissionless and peer-to-peer nature of the currency.
I understand the choice though, using coinbase as the wallet here does make the follow-up videos better connected and there is value there. It's just far from my ideal scenario for onboarding users.
I've found coinbase to be the most simple of all the platforms for absolute beginners, but I'll be doing follow up videos on other platforms also. I'll take a look at copay if you recommend it!
@@NaomiBrockwellTV coinbase is by far the most simple on-ramp for new users that want to go from fiat to crypto, but from a wallet perspective it's just decent, maybe even a little convoluted.
I do recommend copay, and lately I've been exploring HandCash (NFC and names, instead of QR codes and long addresses).
Copay works with both BTC and BCH, while HandCash is BCH-only. Copay has several years of trackrecord in terms of security and is the base openaource wallet that bitpay, bitcoin.com, cryptonize.it and many others are forked from.
I suggest you try it yourself and make up your own mind on how userfriendly it is.
Pls explain transfer to "own wallet" (not on exchange)
Basically coinbase is a company that holds your bitcoin for you, like a bank. If you want to store your own bitcoin you have to be pretty savvy with security measures, so I didn't want to go over it in a beginner's video, but I'll cover it soon!
@@NaomiBrockwellTV thanks!
@@NaomiBrockwellTV The security aspect is really something we've neglected in crypto, but HandCash is doing a great job there. You choose to back up, hold an NFC tag to the phone, and you're done.
no 12/24 words, no WIF, no complexities.
To restore, just choose to restore and hold up the NFC tag and you're done.
So helpful!
I'm interested in a crypto saving account. A video on that would be great.Thanks.
Great idea!
@@NaomiBrockwellTV Thanks Naomi.💚🙏🏻
thanks for this, ive set up coinbase so where is my personal wallet address ?
If you select "receive" then your address will pop up as a long string of digits and also a qr code
Always coinbase geez
Could I know what is the bit coin adress
Madhukumar Kumar contact marks_consults for bitcoin deals.
Wow, you are a breath of fresh air. with all due respect you beautiful and intelligent .
💛
I have absolutely zero interest in crypto but recently won in the form of it. No interest in keeping it. No interest in waiting for value to grow. Just want my damn cash so I gotta watch this.
Sign up process on coin base is like a kick in the sack it’s soooo difficult and such a pin in the ass. 10 minutes…bullshit
This is excellent Naomi, I will set a link to this video on my quick start crypto web page that I put together for the people that I run across that know nothing about Bitcoin. By the way would it be OK for me to send you an email ? I am asking for permission as it is simply the polite thing to do. Yes I have your email, no I'm not going to give out your email or spam you, and anytime that I wish to send you an email I will ask permission to make sure that it is OK with you before I send it.
Sure thing! Thanks for sharing the video, Derrick :)
is this a nice ad or is this what Satoshi Nakamoto envisioned for block chain ?
I’m not sure I understand the question?
I wasn't able to verify that I'm human. So I have some people to call...
You such a hottie, I never heard a word you said. Too beautiful for my ears to work, only my eyes and heart 😇💕
Hmm 4% fees don't stay for long. Learn quick.
1:18 I mean, if you are not _successful_ in doing this, you probably shouldn't be trusted to make any financial decisions.