How to store your Bitcoins

So you found CoinMama, the easiest way to buy bitcoins with a credit card, but now you’re wondering what would be the best and safest way to look after them.

Here are some options we thought you’d be interested in:

 

Desktop Wallets:

Here’s the link to download a desktop wallet. https://bitcoin.org/en/download, this software enables you to create a bitcoin address for sending and receiving Bitcoins and to store the private key for it. In addition your client will be relaying transactions on the network.

 

Online Wallets:

One of the most common and reliable online wallets is blockchain.info. On this site you’ll be able to register for an online wallet in seconds.  

https://xapo.com aims to provide a simple bitcoin wallet with the added security of a cold-storage vault.

 

Paper wallets

One of the cheapest options for keeping your Bitcoin wallet safe is to use a paper wallet. On this website, bitaddress.org you’ll be able to generate a Bitcoin address and create an image containing two QR codes, one is the public address that you can use to receive bitcoins, the other is the private key, which you can use to spend bitcoins stored at that address.

 

The safety of a wallet depends on the safety of your private keys. If you lose the keys, you’ll lose your Bitcoins. So it’s always best to back up your private keys and hold on to them nice and tight in a safe place.