2.4 Set Up a Bitcoin Wallet

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Section 2.3 (previous)
Two-Factor Authentication

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Section 2.4A (next)
Blockchain Web Wallet

Having your own bitcoin wallet is the starting point of being a bitcoin user and a participant of the bitcoin economy. A bitcoin wallet allows you to manage the bitcoin you buy, receive it from others, as well as spend it.

In the next few sections, we will go through the steps necessary to set up a free bitcoin wallet provided by Blockchain.com. We will also go through all the critical steps of securing your wallet and funds.

IMPORTANT: To avoid risks of phishing and hacks, it is recommended that you perform the steps below on a secure network. Avoid using free public WiFi at cafes and airports when setting up or accessing your wallet. Performing the steps below whilst connected to a secure home WiFi is best. If you’re out at a public area, it is advisable to connect to your password-protected smartphone hotspot or data connection where possible. Being slightly paranoid is a good habit when it comes to dealing with wallets and online transactions.

This chapter is divided into 2 sections and organised into the following sub-sections:

2.4A Blockchain Web Wallet on Computer

  • A1. Setting Up Blockchain Web Wallet
    It is recommended that you first set up your Blockchain Wallet on a web browser on your computer as the larger screen makes it easier to complete the required settings. If you do not have a computer or prefer to start on the smartphone, you can set up and use the Blockchain Wallet on your smartphone. In this case, start at Step B1.
  • A2. Installing Blockchain App Wallet on Smartphone
    In the next step, you will install the Blockchain Wallet app on your smartphone, so that you have access to your bitcoin on the go.
  • A3. Pairing with Blockchain App Wallet on Smartphone
    Finally, you will pair the Blockchain App Wallet on your smartphone [A2] with the Blockchain Web Wallet on your computer [A1].

2.4B Blockchain App Wallet on Smartphone

  • B1. Installing Blockchain App Wallet on Smartphone
    If you do not have a computer OR prefer to start on the smartphone, start here.
  • B2. Security Settings and Configuration
    You will go through the compulsory steps of fortifying the security of your wallet and other personal configuration.
  • B3. Pairing with Blockchain Web Wallet on Computer
    As an option, you will learn how to log into your Web Wallet using the Blockchain App Wallet on your smartphone.

If you’re ready to start on a web browser, go to 2.4A Blockchain Web Wallet.

If you’re ready to start on your smartphone, go to 2.4B Blockchain App Wallet.


N.B. Cryptocurrency wallets undergo changes and version upgrades frequently, and hence the screenshots provided below may appear to be different than the one you see during setup. Also, the screenshots are based on the app on the iPhone, which may differ slightly if you are using an Android device. However, the steps to set it up properly remain the same. Follow each of the instructions carefully and completely to ensure that all security requirements have been fulfilled.

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Section 2.3 (previous)
Two-Factor Authentication

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Section 2.4A (next)
Blockchain Web Wallet

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