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How to open your first cryptocurrency wallet? (Guide)

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As we mentioned in our previous lesson, there are hundreds if not thousands of crypto wallets, but we are going to share with you wallet that performed best in the past.

Since we are in the crypto from early 2015, this wallet was performing at the highest level all the time.

Disclaimer: We are not getting any commission to promote this wallet by the owners or any other party. We are advising you the wallet based on past performances. 

The name of the wallet is Blockchain.com.

Blockchain Wallet is a digital wallet platform developed by the Luxembourg-based software development company, Blockchain.

Blockchain claims to be the world’s most popular digital wallet for storing Bitcoin and Ethereum. 

User-friendly, secure, and flexible, Blockchain Wallet is home to over 15 million wallets.

Integrating advanced security practices into a highly accessible user-interface, Blockchain wallet delivers an online solution for cryptocurrency storage.

Available from the web or mobile devices, Blockchain Wallet makes it easy for anyone to transact securely with bitcoin and Ether through a clean, intuitive user-interface. 

Some of the core features of the Blockchain Wallet include the following:

  • A built-in “Security Center” that guides you through the steps you can take to secure your account, backup funds, and prevent unauthorized access.
  • Partnerships with trusted exchanges make buying and selling cryptocurrencies directly from your Blockchain wallet quick and easy.
  • Flexibility to adjust transaction fees in accordance with priorities.

Blockchain Wallet is entirely free to use.

You will, however, pay a small transaction fee each time cryptocurrencies move in or out of your wallet.

Blockchain Wallet’s platform will automatically deduct the appropriate transaction fee from your funds, based on the size of the transaction and the level of network activity at the time.

At the time of writing, average fees are around 10 cents per transaction whether you are sending $1 or $1 million. 

How to open an account?

Opening an account is very easy. Follow our steps:

  • Go to Blockchain.com
  • Click “Get a Free Wallet”
  • Write your email and chose the password that is suggested to be as stronger as possible. After you do it, click “Continue
  • Confirm your E-mail address!
  • Your wallet is successfully created. 

Congratulations, you’ve just opened your first cryptocurrency wallet.

You are now part of the community that support new technology and taking care of its financial future.