比特派官网app下载苹果|blockchain wallet

Blockchain.com | The only crypto wallet you’ll ever need

kchain.com | The only crypto wallet you’ll ever needWalletExchangeExplorerPayInstitutionalProductsWalletExchangeExplorerPayInstitutionalEarnCardLearnPricesChartsNFTResourcesAPIsStatusOpen SourceResearchLegal & PrivacySupportBlogSecurityPodcastCompanyAboutCareersPress CenterPrimeVenturesLog InSign UpOpen MenuOpen MenuBuyEarnKeysDeFiAssetsSecurityThe only crypto wallet you’ll ever needBuy, store, and do more with your crypto.Get startedBuy, sell, and swap crypto in minutesVerify your identity and add a payment method to start buying crypto.Get StartedEarn up to 5% on your cryptoGet rewards by putting your Bitcoin, Ethereum, and other crypto assets to work.Learn moreYour keys, your cryptoSelf-custody your crypto across Bitcoin, Ethereum, Polygon, and other leading blockchains.Get StartedDiscover the world of DeFiConnect to dapps, manage your NFT collection, and unlock the power of web3.Access dozens of crypto assetsGet peace of mind with best-in-class securityWhen it comes to ensuring your crypto is secure, we think about every last detail so you don’t have to.Learn moreNew to crypto? So is everyone.Get startedBuy CryptoBitcoin$USDYour EmailContinueBuy CryptoTwitterInstagramMediumProductsWalletExchangeExplorerPayInstitutionalEarnCardLearnPricesChartsNFTResourcesAPIsStatusOpen SourceResearchLegal & PrivacyWallet SupportExchange SupportBlogSecurityPodcastCompanyAboutCareersHiringPress CenterPrimeVenturesEnglishEspañolPortuguêsРусскийTürkçeBlockchain.comBlockchain.com, Inc. NMLS ID# 2024031 | NMLS Consumer Acc

Just a moment...

a moment...Enable JavaScript and cookies to conti

Just a moment...

a moment...Enable JavaScript and cookies to conti

Blockchain Wallet: What It Is, How It Works, Security Issues

Blockchain Wallet: What It Is, How It Works, Security Issues

Investing

Stocks

Cryptocurrency

Bonds

ETFs

Options and Derivatives

Commodities

Trading

Automated Investing

Brokers

Fundamental Analysis

Markets

View All

Simulator

Login / Portfolio

Trade

Research

My Games

Leaderboard

Banking

Savings Accounts

Certificates of Deposit (CDs)

Money Market Accounts

Checking Accounts

View All

Personal Finance

Budgeting and Saving

Personal Loans

Insurance

Mortgages

Credit and Debt

Student Loans

Taxes

Credit Cards

Financial Literacy

Retirement

View All

News

Markets

Companies

Earnings

CD Rates

Mortgage Rates

Economy

Government

Crypto

ETFs

Personal Finance

View All

Reviews

Best Online Brokers

Best Savings Rates

Best CD Rates

Best Life Insurance

Best Personal Loans

Best Mortgage Rates

Best Money Market Accounts

Best Auto Loan Rates

Best Credit Repair Companies

Best Credit Cards

View All

Academy

Investing for Beginners

Trading for Beginners

Become a Day Trader

Technical Analysis

All Investing Courses

All Trading Courses

View All

Live

Search

Search

Please fill out this field.

Search

Search

Please fill out this field.

Investing

Investing

Stocks

Cryptocurrency

Bonds

ETFs

Options and Derivatives

Commodities

Trading

Automated Investing

Brokers

Fundamental Analysis

Markets

View All

Simulator

Simulator

Login / Portfolio

Trade

Research

My Games

Leaderboard

Banking

Banking

Savings Accounts

Certificates of Deposit (CDs)

Money Market Accounts

Checking Accounts

View All

Personal Finance

Personal Finance

Budgeting and Saving

Personal Loans

Insurance

Mortgages

Credit and Debt

Student Loans

Taxes

Credit Cards

Financial Literacy

Retirement

View All

News

News

Markets

Companies

Earnings

CD Rates

Mortgage Rates

Economy

Government

Crypto

ETFs

Personal Finance

View All

Reviews

Reviews

Best Online Brokers

Best Savings Rates

Best CD Rates

Best Life Insurance

Best Personal Loans

Best Mortgage Rates

Best Money Market Accounts

Best Auto Loan Rates

Best Credit Repair Companies

Best Credit Cards

View All

Academy

Academy

Investing for Beginners

Trading for Beginners

Become a Day Trader

Technical Analysis

All Investing Courses

All Trading Courses

View All

Economy

Economy

Government and Policy

Monetary Policy

Fiscal Policy

Economics

View All

Financial Terms

Newsletter

About Us

Follow Us

Buying & Selling

Crypto Wallets

Blockchain Wallet: What It Is, How It Works, Security Issues

By

The Investopedia Team

Full Bio

Investopedia contributors come from a range of backgrounds, and over 24 years there have been thousands of expert writers and editors who have contributed.

Learn about our

editorial policies

Updated January 13, 2022

Reviewed by

Amilcar Chavarria

Reviewed by

Amilcar Chavarria

Full Bio

Amilcar has 10 years of FinTech, blockchain, and crypto startup experience and advises financial institutions, governments, regulators, and startups.

Learn about our

Financial Review Board

Fact checked by

Vikki Velasquez

Fact checked by

Vikki Velasquez

Full Bio

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area.

Learn about our

editorial policies

A blockchain wallet is a digital wallet that allows users to store and manage their Bitcoin, Ether, and other cryptocurrencies. Blockchain Wallet can also refer to the wallet service provided by Blockchain, a software company founded by Peter Smith and Nicolas Cary. A blockchain wallet allows transfers in cryptocurrencies and the ability to convert them back into a user's local currency.

Key Takeaways

Broadly speaking, a blockchain wallet is a digital wallet that allows users to store, manage, and trade their cryptocurrencies.Blockchain Wallet is also the name of a specific wallet service provided by the company Blockchain. This is an E-wallet that allows individuals to store and transfer cryptocurrencies.Blockchain Wallet users can manage their balances of Bitcoin, Ether, and other crypto assets.Blockchain Wallet charges dynamic fees, meaning that the transaction fees can be different based on factors such as transaction size.Blockchain Wallet has a number of security features to prevent theft, including by company insiders.

Understanding Blockchain Wallet

E-wallets allow individuals to store cryptocurrencies and other digital assets. In the case of Blockchain Wallet, users can manage their balances of various cryptocurrencies such as the well-known Bitcoin and Ether as well as stellar, Tether, and Paxos Standard.

Creating an e-wallet with Blockchain Wallet is free, and the account setup process is done online. Individuals must provide an email address and password that will be used to manage the account, and the system will send an automated email requesting that the account be verified.

Once the wallet is created, the user is provided with a Wallet ID, which is a unique identifier similar to a bank account number. Wallet holders can access their e-wallet by logging into the Blockchain website, or by downloading and accessing a mobile application.

The Blockchain Wallet interface shows the current wallet balance for crypto-assets and the user’s most recent transactions. Users can also access the price charts and see the value of the funds in the chosen local currency of the user. There is also an educational Did You Know section sharing crypto facts and news.

How a Blockchain Wallet Works

Users can send a request to another party for a specific amount of bitcoin or other crypto-assets, and the system generates a unique address that can be sent to a third party or converted into a Quick Response code or QR code for short. A QR code is similar to a barcode, which stores financial information and can be read by a digital device.

A unique address is generated each time the user makes a request. Users can also send crypto-assets when someone provides them with a unique address. The send-and-receive process is similar to sending or receiving funds through PayPal but uses cryptocurrency instead. PayPal is an online payment provider that acts as a go-between for customers and their banks and credit cards by facilitating online transfers through financial institutions.

Users can also exchange Bitcoin for other crypto-assets and visa-versa, known as swapping. This practice is an easy way to switch out crypto without leaving the security of the Blockchain Wallet. Users are shown a quote indicating how much they will receive based on the current exchange rate, with the rate changing depending on how long the user takes to complete the transaction. Swaps should take a couple of hours while the transactions are added to each currency’s blockchain. However, if it takes longer than six hours, users should contact customer support.

Blockchain Wallet only allows six crypto-assets for swapping: Bitcoin, Ethereum, Bitcoin Cash, Stellar Lumens, Tether, USD Digital, Wrapped-DGLD.

Users can also buy or sell crypto through the Buy Crypto interface available to Blockchain Wallet. Buy and sell services are not available in all locations. To make a purchase, a user can either transfer funds from a bank, use a credit or debit card, or use the available cash balance. There is a daily limit of $25,000 and a weekly limit of $100,000 as well as a minimum buy order of $5 and a maximum buy order of $25,000.

Blockchain Wallet Fees

However, it's important to note that the Blockchain Wallet uses a process they call dynamic fees, meaning that the fee charged per transaction can be different based on various factors. Both the transaction size and the conditions of the network at the time of the transaction can greatly impact the size of the fee. Only so many transactions can be processed within a block by the high-powered computers called miners. The miners typically process the transactions that have the highest fees first since it's financially advantageous to them.

Blockchain Wallet offers a priority fee, which could possibly get the transaction processed within an hour. There's also a regular fee, which is cheaper but the transaction would likely take more than an hour. Fees can also be customized by the customer. However, if the customer sets the fee too low, the transfer or transaction could be delayed or rejected.

Blockchain Wallet Security

Wallet security is an important consideration for users, as a compromised account may result in users losing control of their assets. Blockchain Wallet has several levels of security to protect user funds from any possible attacker, including the company itself.

Passwords

Like other digital services, Blockchain Wallet accounts require passwords for the users' protection. However, the Blockchain company does not store user passwords, and cannot reset the password if lost. This measure prevents company insiders from being able to steal cryptocurrencies. If a user forgets or loses their password, the account can only be recovered with a mnemonic seed.

Mnemonic Seeds

A mnemonic seed is a random string of English words that function similarly to a password. If a user loses access to their phone or device, the seed can be used to restore the wallet, including any cryptocurrencies. Like passwords, the Blockchain company does not store users' mnemonic seeds. These seeds follow an industry standard, meaning the wallets can be recovered even if the company goes out of business.

Optional Security Methods

In addition to the protections outlined above, there are also several optional security measures that are not required but can help secure user wallets against outside attacks. To reduce the danger of phishing, the Blockchain Wallet allows users to use two-factor authentication or IP whitelists to prevent log-ins from unfamiliar devices. It is also possible to block access through the Tor network, thereby preventing prospective hackers from disguising their IP addresses.

Article Sources

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our

editorial policy.

Blockchain.com Support. "What Currencies Are Supported in the Blockchain.com Wallet?" Accessed Aug. 12, 2021.

Blockchain.com Support. "What is a Wallet ID?" Accessed Aug. 12, 2021.

Blockchain.com Support. "How to Set Up a Blockchain.com Wallet." Accessed Aug. 12, 2021.

Blockchain.com Support. "My Wallet Home." Accessed Aug. 12, 2021.

Blockchain.com Support. "How Can I Receive Funds to My Blockchain Wallet?" Accessed Aug. 12, 2021.

Blockchain.com Support. "What is Swap?" Accessed Aug. 12, 2021.

Blockchain.com Support. "Why Do Swap Exchange Rates Change?" Accessed Aug. 12, 2021.

Blockchain.com Support. "How Long Will My Swap Order Take?" Accessed Aug. 12, 2021.

Blockchain.com Support. "What Crypto Assets Can I Swap?" Accessed Aug. 12, 2021.

Blockchain.com Support. "Introducing Buy Crypto: Changes to the Buy & Sell Experience." Accessed Aug. 12, 2021.

Blockchain.com Support. "Buy Crypto Limits." Accessed Aug. 12, 2021.

Blockchain.com Support. "Explaining Bitcoin Transaction Fees." Accessed Aug. 12, 2021.

Blockchain.com. "I Forgot My Password. What Can You Do to Help?" Accessed Aug. 16, 2021.

Blockchain.com. "Advanced Security." Accessed Aug. 16, 2021.

Compare Accounts

Advertiser Disclosure

×

The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Provider

Name

Description

Related Terms

Multi-Signature Wallets: Definition and Use Cases

Multi-signature wallets are cryptocurrency wallets designed to require two or more cryptocurrency wallet keys to unlock and withdraw funds.

more

Cryptocurrency Wallet: What It Is, How It Works, Types, Security

A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.

more

Cold Storage: What It Is, How It Works, Theft Protection

Cold wallets, a type of crypto wallet, are digital cryptocurrency storage on a platform not connected to the internet, which protects them from hackers.

more

How to Buy r/Cryptocurrency Moons (MOON)

r/CryptoCurrency Moons is a digital currency that the r/Cryptocurrency Reddit forums use to reward users.

more

Decentralized Applications (dApps): Definition, Uses, Pros and Cons

Decentralized applications, or dApps, are software programs that run on a blockchain or P2P network of computers instead of a single computer.

more

How to Buy Kishu Inu (KISHU)

Kishu Inu (KISHU) is a digital currency based on popular dog-themed meme coins like Dogecoin and Shiba Inu.

more

Related Articles

How to Create a Crypto Wallet

Multi-Signature Wallets: Definition and Use Cases

Cryptocurrency Wallet: What It Is, How It Works, Types, Security

What Teens Need to Know About Cryptocurrency

Cold Storage: What It Is, How It Works, Theft Protection

How to Pay With Cryptocurrency

Partner Links

About Us

Terms of Service

Dictionary

Editorial Policy

Advertise

News

Privacy Policy

Contact Us

Careers

#

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

Investopedia is part of the Dotdash Meredith publishing family.

Please review our updated Terms of Service.

MetaMask - Blockchain Wallet - Apps on Google Play

Mask - Blockchain Wallet - Apps on Google PlayGamesAppsMoviesBooksKidsgoogle_logo PlayGamesAppsMoviesBooksKidsnonesearchhelp_outline Sign in with Googleplay_appsLibrary & devicespaymentPayments & subscriptionsreviewsMy Play activityredeemOffersPlay PasssettingsSettingsPrivacy Policy • Terms of ServiceGamesAppsMoviesBooksKidsplay_arrowTrailerMetaMask - Blockchain WalletMetaMask Web3 Wallet4.5star310K reviews10M+DownloadsRated for 3+infoInstallShareAdd to wishlistplay_arrowTrailerAbout this apparrow_forwardWhether you are an experienced user or brand new to blockchain, MetaMask helps you connect to the decentralized web: a new internet. We're trusted by millions of people across the world, and our mission is to make this new decentralized web accessible to all.The MetaMask app is both a wallet & a browser. It allows you to buy, send, spend & exchange your digital assets. Make payments to anyone, anywhere. Log into websites securely to trade assets, lend, borrow, play games, publish content, buy rare digital art, and so much more. With MetaMask, your keys and assets always stay in your control; • Use MetaMask’s key vault, secure login and digital wallet to manage your digital assets.• Generate passwords and keys on your phone and keep your accounts secure.• Browse and connect to the decentralized web sites.• Control what information you share with the sites you use, and what to keep private.If you’re already a MetaMask desktop user, you can import your existing wallet. If you're a new user, we'll help you get setup!Download MetaMask Mobile and carry the decentralized web with you, wherever you go.Our privacy policy: https://consensys.net/privacy-policy/Terms of use: https://consensys.net/terms-of-use/Updated onMar 1, 2024FinanceData safetyarrow_forwardSafety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.This app may share these data types with third partiesFinancial infoThis app may collect these data typesLocation, Financial info and 4 othersData is encrypted in transitYou can request that data be deletedSee detailsRatings and reviewsRatings and reviews are verifiedinfo_outlinearrow_forwardRatings and reviews are verifiedinfo_outlinephone_androidPhonetablet_androidTabletwatchWatchlaptopChromebookdirections_car_filledCar4.5304K reviews54321Jemalyn Diazmore_vert Flag inappropriateFebruary 1, 2023It takes a lot of time to open. And my coins keeps on disappearing once it opens, all of it. No matter how much I refresh and reload it, assets doesn't shows. I don't want to panic like my friend did, she uninstall the app because of this issue then re-install it again, but her assets are all gone. Even with the same account, her wallet address suddenly changed. Fix this immediately. It stresses us out.768 people found this review helpfulDid you find this helpful?YesNoMetaMask Web3 WalletFebruary 8, 2023Reach out to our helpdesk so we can help figure out why its starting slowly and tokens aren't displaying properly: https://support.MetaMask.io and click the blue 'Start a Conversation' button. The bot will ask a few questions then get you connected.Thalia Sepulvedamore_vert Flag inappropriateShow review historyFebruary 10, 2024I was going to give more stars but the inconvenience of the error i'm getting is really frustrating. Every time I try to open the ETH network on my first acct it automatically closes metamask and a message pops up saying that the app has a bug and that something went wrong. I know something went wrong, I just want this bug to be fixed. And I already have the latest version of the app, no updates required yet. Metamask need to fix this ASAP. 02/10 Update, now it's telling me to restore wallet .315 people found this review helpfulDid you find this helpful?YesNoMetaMask Web3 WalletFebruary 7, 2024Reach out to our helpdesk: https://support.MetaMask.io and click the blue "Start a Conversation"button. The bot will ask a few questions then get you connected.Josephmore_vert Flag inappropriateShow review historyFebruary 10, 2024Poor browser. Poor UI. Lags. Unresponsive. HORRENDOUS app. Can't even open. I do not need to clear app data/cache & restore with seedphrase every time I need to make a single transaction when there are other brilliant functional EVM wallets out there.. EDIT: Only returned back to use this app for testnets, but still GARBAGE. Out of nowhere, the app will erase itself, erase your biometric setting & your manual password also becomes invalid...and then ask you to restore with seedphrase everytime!347 people found this review helpfulDid you find this helpful?YesNoMetaMask Web3 WalletJune 23, 2023Reach out to our helpdesk: https://support.MetaMask.io and click the blue 'Start a Conversation' button. The bot will ask a few questions then get you connected.See all reviewsWhat's newSecurity alerts are now available on 7 different networks! You can enable it in Settings > Experimental. The release also introduces several new features, including improvements to account selection and privacy toggles. It also updates various components, making the app more performant and easy on the eyes. Additionally, several bug fixes have been implemented to enhance the overall stability and functionality.flagFlag as inappropriateApp supportexpand_morepublicWebsiteemailSupport emailsupport@metamask.ioshieldPrivacy PolicySimilar appsarrow_forwardTrust: Crypto & Bitcoin WalletDApps Platform, Inc.4.6starCoinMarketCap: Crypto TrackerCoinMarketCap.com4.7starOKX: Buy Bitcoin BTC & CryptoOKX4.7starCoinbase Wallet: NFTs & CryptoCoinbase Wallet4.3starKuCoin: Buy Bitcoin & CryptoKuCoin4.4starPhantomPhantom Technologies, Inc.4.3starflagFlag as inappropriateGoogle PlayPlay PassPlay PointsGift cardsRedeemRefund policyKids & familyParent GuideFamily sharingTerms of ServicePrivacyAbout Google PlayDevelopersGoogle StorePhilippines (Engli

The Ultimate Crypto Wallet for DeFi, Web3 Apps, and NFTs | MetaMask

Ultimate Crypto Wallet for DeFi, Web3 Apps, and NFTs | MetaMaskDiscover MetaMask Portfolio today. Track and manage your web3 assets in one place!FeaturesMetaMask PortfolioSwapsBuy CryptoSell CryptoMetaMask SnapsBuildDocumentationDevelopersInstitutionsSDKResourcesBlogSupportFAQsCommunityLearnDownloadA crypto wallet & gateway to blockchain appsStart exploring blockchain applications in seconds. Trusted by over 100 million users worldwide.Download for Learn MoreBuy, store, send and swap tokensAvailable as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange—everything you need to manage your digital assets.Explore blockchain appsMetaMask provides the simplest yet most secure way to connect to blockchain-based applications. You are always in control when interacting on the new decentralized web.Own your dataMetaMask generates passwords and keys on your device, so only you have access to your accounts and data. You always choose what to share and what to keep private.Get startedDownload MetaMask TodayWhat is MetaMask?Your key to blockchain applicationsMetaMask is the leading self-custodial wallet. The safe and simple way to access blockchain applications and web3. Trusted by millions of users worldwide.Developers

MetaMask is powered by a strong community from across the globe. Interested in contributing? Find out how and what to contribute using the resources below.Documentation >Developer Suite >Contributing Guidelines >Shop MetaMask SwagShop NowShop NowReceive our NewsletterSign up to receive updates and announcementsSign upLearn MoreAboutDevelopersDownloadMetaMask InstitutionalNewsSecurityGet InvolvedGitHubGitcoinOpen PositionsSwag ShopPress & PartnershipsLegalPrivacy PolicyTerms of UseContributor License AgreementSite Map@2024 MetaMask • A Consensys Formation

Blockchain.com: Crypto Wallet - Apps on Google Play

kchain.com: Crypto Wallet - Apps on Google PlayGamesAppsMoviesBooksKidsgoogle_logo PlayGamesAppsMoviesBooksKidsnonesearchhelp_outline Sign in with Googleplay_appsLibrary & devicespaymentPayments & subscriptionsreviewsMy Play activityredeemOffersPlay PasssettingsSettingsPrivacy Policy • Terms of ServiceGamesAppsMoviesBooksKidsBlockchain.com: Crypto WalletBlockchain Luxembourg S.A.4.6star142K reviews10M+DownloadsRated for 3+infoInstallShareAdd to wishlistAbout this apparrow_forwardBlockchain.com lets you access crypto and self-custody your assets—all in one place.Interact with dozens of cryptocurrencies on a platform used by over 30 million people.Self-custody your crypto across Bitcoin, Ethereum, Polygon, and other leading blockchains, with the DeFi Wallet.Discover the world of DeFi. Use decentralized applications (dapps), collect NFTs, and explore web3.Supported Assets: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polygon (MATIC), Solana (SOL), Polkadot (DOT), Dogecoin (DOGE), TRON (TRX), Chainlink (LINK), Uniswap (UNI), Aave (AAVE), Algorand (ALGO), Tether (USDT), USD Coin (USDC), and many more!Security features:Control your private keys and cryptoSet a 4-digit-pin or use Face IDSecure your account with Two-Factor Authentication (2FA)Restore your account with your 12-word recovery phraseDownload the Blockchain.com app to get started today.Updated onMar 12, 2024FinanceData safetyarrow_forwardSafety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.This app may share these data types with third partiesPersonal info and App activityThis app may collect these data typesLocation, Personal info and 5 othersData is encrypted in transitYou can request that data be deletedSee detailsRatings and reviewsRatings and reviews are verifiedinfo_outlinearrow_forwardRatings and reviews are verifiedinfo_outlinephone_androidPhonetablet_androidTabletwatchWatchlaptopChromebookdirections_car_filledCar4.6139K reviews54321Costa 949more_vert Flag inappropriateFebruary 28, 2024This app has gone from veing a good app to a poor one. It has been 3 months since I started the verification process. It says verified, but once you press buy/sell, it asks for verification again. You try to verification and it will say your account is verified. And then the loop continues. Funds stuck. There is no way to sell or withdraw. Customer service doesn't do anything.44 people found this review helpfulDid you find this helpful?YesNoTonyamore_vert Flag inappropriateMarch 9, 2024So horrible. Ended up with this app because SoFi transferred all crypto accounts to them. There's no way to see how much my initial investment amount into each crypto currency was so I can't see how much I've made. The only way to see your transaction history is on the website but the website isn't available for accounts in my region so I just can't know what my money is doing ‍♀️Did you find this helpful?YesNoNicholas Brooksmore_vert Flag inappropriateMarch 7, 2024Run far away. I was force integrated into this app from SoFi. I just sold all my accounts and they want me to pay to wire transfer my money to me because ach transfers are down. This app is also trash. It doesn't show you purchase price history etc. The support is also dumb. I asked them about ach and not being able to withdraw my money for free, they told me... oh just use a wire transfer. You can still deposit money via ACH though. Why would I want to do that. Poc app.Did you find this helpful?YesNoSee all reviewsWhat's newYour app just got better! We made improvements to smoothen your experience.flagFlag as inappropriateApp supportexpand_morepublicWebsiteemailSupport emailwallet@blockchain.infoshieldPrivacy PolicySimilar appsarrow_forwardExodus: Crypto Bitcoin WalletExodus Movement, Inc.4.7starPaxful | Bitcoin WalletPaxful3.5starSafePal: Crypto Wallet BTC NFTSafePal Wallet4.7starCoinbase Wallet: NFTs & CryptoCoinbase Wallet4.3starCrypto.com l DeFi WalletGrowth Labs4.6starMEW crypto wallet: DeFi Web3MyEtherWallet4.4starflagFlag as inappropriateGoogle PlayPlay PassPlay PointsGift cardsRedeemRefund policyKids & familyParent GuideFamily sharingTerms of ServicePrivacyAbout Google PlayDevelopersGoogle StorePhilippines (Engli

Just a moment...

a moment...Enable JavaScript and cookies to conti

How it Works | Blockchain's Non-Custodial Wallet

it Works | Blockchain's Non-Custodial WalletWalletExchangeExplorerPayInstitutionalProductsWalletExchangeExplorerPayInstitutionalEarnCardLearnPricesChartsNFTResourcesAPIsStatusOpen SourceResearchLegal & PrivacySupportBlogSecurityPodcastCompanyAboutCareersPress CenterPrimeVenturesLog InSign UpOpen MenuOpen MenuLearning PortalBitcoin 101Ether 101DeFi 101Get BitcoinGet EtherWallet 101Stay SecureTechnical DetailsResearchHow Your Wallet WorksYour Wallet & Its Master SeedWhen you create your Blockchain Wallet, a unique master seed is created. This master seed is the nucleus of your specific wallet, and is used to derive every individual bitcoin address that you’ll use to send and request bitcoin.Quick tip: Learn more about HD wallets hereClient Side Encryption Means Only You Have Access to Your WalletWe do not store your bitcoins, we only provide you with the software you need to store them yourself. Your wallet is encrypted on your device with your personal password. Your password acts as your decryption key to both lock and unlock your wallet — your wallet cannot be accessed without it. Because we don’t know or store your password (we can’t even reset it), only you are able to unlock and decrypt your wallet.We’ve Got Your Back(up)Your encrypted wallet is automatically backed up to our servers. To safely store your wallet, we add another layer of security by encrypting your wallet a second time. Securely storing your wallet on our servers ensures that you can access your wallet from any (and all) of your different devices.Decrypting your wallet couldn’t be easierWhen you access your wallet with your Wallet ID (a unique identifier specific to your wallet) and password, your browser uses our API to download your encrypted wallet backup, before safely decrypting it on your device.Quick tip: You can also access your wallet on your mobile device through our iPhone and Android appsYour Backup Phrase - The FailsafeYour Backup Phrase is made up of 12 random words, and is an encoded version of your master seed (and an industry standard). It acts as a backup and allows you to access your bitcoins and ether regardless of the wallet software you’re using. In the event that you lose your password, or choose to use another wallet provider, your Backup Phrase is all you need to regain access to your funds.Quick tip: You can find your 12 word Backup Phrase in your Security Center after creating your wallet. Write this phrase down and keep it somewhere safe.Good to KnowWe cannot (and don’t want to): view your balance, view your address book, make transactions on your behalf, confiscate your wallet, or lock you into our service.We run regular internal & external security audits, to keep your wallet safe.We have an internal QA team dedicated to the highest quality bug-free products.Our bug bounty program, which rewards security researchers for helping us find and fix bugs in our software, ensures that our wallet is tested thoroughly.Our codebase is open source for everyone to check (take a look).Get the world’s most popular digital currency walletSign up TodayTwitterInstagramMediumProductsWalletExchangeExplorerPayInstitutionalEarnCardLearnPricesChartsNFTResourcesAPIsStatusOpen SourceResearchLegal & PrivacyWallet SupportExchange SupportBlogSecurityPodcastCompanyAboutCareersHiringPress CenterPrimeVenturesEnglishEspañolPortuguêsРусскийTürkçeBlockchain.comBlockchain.com, Inc. NMLS ID# 2024031 | NMLS Consumer Acc

Your First Crypto Wallet: What Is a Crypto Wallet and How to Use It

First Crypto Wallet: What Is a Crypto Wallet and How to Use It

Crypto Prices CoinDesk 20 IndexTV & VideosNewslettersPodcastsConsensus MagazineLearnBitcoin CalculatorConsensusWebinarsIndicesAboutMarkets Finance Technology Protocol Village Policy CoinDesk Studios Sponsored ContentUpcoming EventsLast Chance to Save $1,200 on Consensus!TV & VideosTV & VideosFirst MoverThe HashAll About BitcoinMoney ReimaginedCommunity CryptoView all showsWhat Will It Take for More Mainstream Media to Implement Web3 Tech?New Foodie Show Experiments with Web3Current Bitcoin Bull Run Is Breeding Millionaire Whales Slower: KaikoEl Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin PushWatch On(Formerly Twitter)FacebookNewslettersSign up for our newslettersSee All Newsletters First MoverThe latest moves in crypto markets, in context.The NodeThe biggest crypto news and ideas of the day.Money ReimaginedThe transformation of value in the digital age.State of CryptoProbing the intersection of crypto and government.The ProtocolExploring the tech behind crypto.Crypto Long & ShortNews and analysis for the professional investor.Crypto for AdvisorsWhat financial advisors need to know about crypto.Enter your EmailSubscribeBy signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.PodcastsPodcastsCoinDesk Podcast NetworkMarkets DailyMoney ReimaginedThe ProtocolUnchainedCarpe ConsensusGen CCrypto CrooksWomen Who Web3Unchained with Laura ShinVerifying Truth in the Age of Misinformation, With Melody Hildebrandt of FOXMarathon Digital’s Slipstream and Layer 2 AmbitionsIs the Bitcoin Halving Priced In? With Anthony GeorgiadesConsensusConsensusGo to Consensus 2024 SiteMay 29-31, 2024Go to Consensus 2025 Hong Kong SiteFebruary 19-20, 2025Consensus 2023 VideosApril 26-28, 2023Consensus 2022 VideosJune 9-12, 2022IndicesIndicesBitcoin Price Index (XBX)Ether Price Index (ETX)Basic Attention Token Price Index (BTX)Bitcoin Cash Price Index (BCX)Cardano Price Index (ADX)How to Build the Infrastructure of Web3 With Decentralized Data and ServicesWhat Is So Smart About Smart Contract Platforms?Entrepreneurial InsightsThink Beyond Bitcoin: Ethereum’s Use Cases and Latest TechnologyCrypto Prices CoinDesk 20 IndexTV & VideosNewslettersPodcastsConsensus MagazineLearnBitcoin CalculatorConsensusWebinarsIndicesAboutMarkets Finance Technology Protocol Village Policy CoinDesk StudiosSponsored ContentChevrone Right IconUpcoming EventsLast Chance to Save $1,200 on Consensus!MarketsMarketsOn-Chain DataToken GovernanceBitcoinEtherFirst MoverNewsAVAX's 28% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market UpdateNewsVanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%NewsJamie Dimon Defends Right to Buy Bitcoin Even Though He Never WillNewsFirst Mover Americas: Ether Options Traders Prepare for DownsideFinanceFinanceBinanceSBFFTXCoinbaseBusinessNewsGoldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized AssetsNewsMicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: CanaccordNewsVanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%NewsRapper Drake Posts Michael Saylor's Bitcoin Video to His 146M Instagram FollowersPolicyPolicySBF Trial CoverageBankruptcySECFTXCFTCNewsNFT Providers May Need Registration to Comply With UK Money Laundering RulesNewsCraig Wright ‘Committed Perjury’ in U.K. Trial Over Satoshi Claims, COPA SaysNewsJamie Dimon Defends Right to Buy Bitcoin Even Though He Never WillNewsU.S. CFTC's Behnam Says Agency Writing New Policy on Prediction MarketsTechnologyTechnologyProtocol VillageToken GovernanceDeFiBlockchainsHacksNewsEther.Fi to Introduce ETHFI Token on Binance Launchpool Next WeekNewsEthereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce FeesNewsProtocol Village: RSS3, Decentralized Information Layer, Launches Mainnet AlphaNewsBRC-20 Creator Domo Addresses Thorny Governance Issues With New 'Lead Maintainer' AppointmentsLearnLearnBitcoin HalvingNFTsBitcoinEthereumCryptocurrencyInvestingLearnWhich Is the Best Self-Custody Lightning Wallet?LearnA Beginner’s Guide to AI TokensLearnWhat Is the ERC-7265 Token Standard?LearnWhat Are Crypto OTC Desks And How Do They Work?Crash CoursesBitcoin 101DeFi 101Ethereum 101NFT 101Price Data 101Consensus MagazineConsensus MagazineMost Influential 2023State of Crypto Week 2023Staking Week 2023Mining Week 2023Crypto Hubs 2023OpinionWhat to Expect From Ethereum’s Latest Massive Upgrade: DencunOpinionWhere Did We Go Wrong With Ethereum Scaling?OpinionCrypto Is (and Isn’t) MoneyOpinion‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites AdmitMost Recent IssueProtocol VillageProtocol VillageEthereumLayer 2sOraclesZero-KnowledgeBitcoin CoreNewsEther.Fi to Introduce ETHFI Token on Binance Launchpool Next WeekNewsEthereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce FeesNewsProtocol Village: RSS3, Decentralized Information Layer, Launches Mainnet AlphaNewsBRC-20 Creator Domo Addresses Thorny Governance Issues With New 'Lead Maintainer' AppointmentsSponsored ContentSponsored ContentMEXCBitgetPhemexNEARGate.USabraMatrixportSocialGoodTronBitcoin$70,780.29-2.21%Ethereum$3,947.69-2.34%Binance Coin$538.15+3.99%Solana$147.56+0.04%XRP$0.68846353-6.60%Cardano$0.73646552-4.37%Dogecoin$0.16450562-5.56%Avalanche$54.46+15.26%Shiba Inu$0.00003156-3.99%Polkadot$10.53-5.20%Toncoin$3.67+14.91%Chainlink$20.32-4.14%Crypto Prices CoinDesk 20 Index CoinDesk 20 Index LearnYour First Crypto Wallet: What Is a Crypto Wallet and How to Use ItYour First Crypto Wallet: What Is a Crypto Wallet and How to Use ItYour First Crypto Wallet: What Is a Crypto Wallet and How to Use ItBuying cryptocurrency has never been easier, but learning how to store it correctly and securely requires a lot more work.By Robert StevensUpdated May 11, 2023 at 4:55 p.m. UTCShare on FacebookShare on LinkedInShare on XBeginnerCrypto wallets are like online bank accounts for your cryptocurrencies but with a few key differences: cryptocurrency wallets are not backed by government deposit schemes, they only hold cryptocurrencies (no regular money here) and, crucially, you are in control of your funds at all times.Non-custodial is the term given to cryptocurrency wallets, like MetaMask, Rainbow Wallet or Trust Wallet, that are separate from the accounts you may have on cryptocurrency exchanges. When you hold money on a crypto exchange, like Binance, Kraken or Coinbase, those companies are in control of your cryptocurrencies. But when you move your crypto to a non-custodial wallet, you hold the keys to your wallet.These wallets are the key to the decentralized web and serve as the primary way to interface with decentralized finance protocols, like lending protocols, decentralized exchanges or non-fungible token (NFT) marketplaces. Crypto wallets are so foundational to decentralized finance that some people on Twitter or Discord refer to themselves solely by their cryptocurrency wallet addresses – anyone who introduces themselves with a username that starts with “0x” is referring to their Ethereum address.What is a crypto wallet for?Unless you’re running a huge company holding so much cryptocurrency that you need the watchful eye of a specialized custodian – a third party that looks after your crypto for you – you’re looking for a non-custodial wallet. These are, as mentioned, wallets to which only you hold the keys. You may have read the adage, “not your keys, not your crypto.” This phrase is commonly used and stresses the importance of looking after your own crypto.Read more: What Is Crypto Custody? With non-custodial crypto wallets, your assets are backed by something called a private key. This functions as a password to your crypto wallet. You must shroud this in secrecy and never tell anyone about it. Should you lose your private key, you’ll be able to use something called a secret phrase, or seed phrase. These are strings of 12 or 24 words that function as a backup password. It’s important to hide these in a trusted place, ideally by holding parts of the phrase in different places. No company or individual should ever ask for your seed phrase – those that do are almost always scams looking to steal your funds.How to choose a crypto walletDifferent blockchains require different wallets. MetaMask, one of the most popular wallets, supports just a handful of networks, including Ethereum, Binance Smart Chain, Polygon (MATIC) and Avalanche (the common denominator is that these chains all support the Ethereum Virtual Machine (EVM)). MetaMask does not support Solana or Bitcoin, however, there are a number of other options including Trust Wallet that do support Bitcoin.NFT support requires special attention. Most wallets natively support fungible tokens, like ethereum, bitcoin and so on. But non-fungible tokens – crypto art, like Tyler Hobb’s Fidenza or the Bored Ape Yacht Club – are handled a little differently. Marketplaces like OpenSea, although not wallets, will automatically display your Ethereum NFTs if you connect your wallets. Rainbow Wallet displays NFTs within its app.When choosing a wallet, a good rule of thumb is to check which wallets are recommended by a coin’s community. Solana’s community champions SolFlare and Phantom, while Monero’s sings the praises of Cake Wallet. Bitcoincash.org recommends the Bitcoin.com wallet, among others.Read More: How to Store Your BitcoinMost of these wallets function as either desktop wallets, browser extensions or mobile wallets. Those that function as browser extensions are particularly useful when interfacing with decentralized finance (DeFi) protocols. The websites of Uniswap, Aave, Compound and more each have a “connect wallet” button. This functionality replaces the “log in to Google”/ “enter your email and password” of Web 2.How to set up a crypto walletSetting up a crypto wallet only takes a couple of minutes. To get started with MetaMask, either download the app on your phone or install the browser extension. Then, MetaMask will ask you to set a password to the app, name your wallet, then write down your secret phrase (and then get you to check that you have done so). And that’s it! You can then use your wallet to send or receive funds.To find out your address, click the name of your wallet and MetaMask will copy it to your clipboard. Other wallets have near-identical setup processes.Read more: How to Set Up a MetaMask WalletWhat about hardware wallets?The above is a survey of the popular web wallets, also known as “hot wallets” because you need an internet connection to use them. Hardware wallets, known as “cold wallets”, are physical devices like USB sticks that you plug into your computer and only connect to the internet when they’re docked. This makes them more secure, albeit a little cumbersome to use. Popular brands include Trezor and Ledger. Unlike hot wallets, you’ll need to buy these hardware wallets from the official suppliers. Purchasing them secondhand or from a non-trusted supplier is incredibly risky as devices could be faulty, tampered with or contain malware.While cold wallets are considered the absolute safest place to store your crypto as they are entirely offline and cannot be hacked, they also pose a similar risk: If you lose the physical drive and/or the private key, you will be unable to access your crypto. That’s it. No password reset feature, no back button, zilch.And it’s not just new crypto users that fall foul to forgetting their passwords. Former chief technology officer of Ripple Labs, Stefan Thomas, admitted last year he’d forgotten the password to his crypto wallet containing 7,002 bitcoin (worth approximately $300,000,000 as of March 22, 2022). He has just two guesses remaining before his device auto-encrypts his coins and makes them permanently irretrievable.Further reading on securityWhat's a DeFi Wallet, and How to Choose the Right OneOnline safety is paramount in this digital age, especially when investing and storing wealth in crypto assets.What Is Cryptojacking? How to Protect Yourself Against Crypto Mining MalwareCertain DeFi protocols can sometimes be supported by specific crypto wallet services. Here's what you need to know.Crypto Romance Scams: Don't Fall for These Dating App SwindlersCon artists preying on people looking for love is nothing new, but the latest scams have moved on from asking you to buy gift cards to an array of crypto scams.This article was originally published on Jan 6, 2022 at 4:35 p.m. UTCDisclosurePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.Robert StevensRobert Stevens is a freelance journalist whose work has appeared in The Guardian, the Associated Press, the New York Times and Decrypt.Follow @@Rob_Stevens_ on TwitterLearn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.AboutAboutMastheadCareersCoinDesk NewsStay UpdatedConsensusCoinDesk StudiosNewslettersFollowGet In TouchContact UsAdvertiseAccessibility HelpSitemapThe Fine PrintEthics PolicyPrivacyTerms of UseUpdate My Cookie ConsentDo Not Sell My Personal InformationPlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.©2024 CoinDeskEnglishX iconFacebook iconLinkedin iconRSS L