Purpose of a Bitcoin wallet
A bitcoin wallet’s main purpose is to exchange cash into Bitcoins, as well as a safe place to store them.
There are multiple ways to get a Bitcoin wallet, but in order to make it quick and simple, we will focus on the online ones:
- Easiest to manipulate.
- Fast Bitcoin exchanges.
- You can access them everywhere.
- High security risks if not supervised correctly. Remember you are your bank!