Tag: backup crypto wallet

How To Backup Bitcoin Wallet

A bitcoin wallet is a software program where bitcoins are stored. To be technically accurate, bitcoins are not stored anywhere; there is a private key (secret number) for every bitcoin address that is saved in the bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving bitcoins and gives ownership […]

How To Back Up Bitcoin Wallet

A Bitcoin wallet is a program that stores private and public keys and interacts with the Bitcoin network to enable users to send and receive bitcoins. Just like you would back up your personal computer, you need to back up your Bitcoin wallet. If your computer fails or is stolen, you will lose your bitcoin […]