How do I create a Bitcoin Cash wallet?

The two main ways to create a Bitcoin Cash wallet are: (1) Install an app on your mobile device / desktop. (2) Create an account with a cryptocurrency exchange. There are a wide variety of Bitcoin Cash wallets to choose from. However, not all are created equal!

What are bitcoin wallets?

A Bitcoin wallet is a software program in which Bitcoins are stored. Technically, Bitcoins are not stored anywhere. For every individual who has a balance in a Bitcoin wallet, there is a private key (secret number) corresponding to the Bitcoin address of that wallet.

How to spend funds on the bitcoin network?

The only way to spend funds on the Bitcoin network is through the use of a private key. In regards to private key management, there are two main types of wallets: custodial wallets and non-custodial wallets. Coinbase, Kraken, and Gemini are examples of custodial wallet providers.

What is a software wallet?

A software wallet is an app you download to your phone or desktop. You can use it to, for example, easily spend bitcoin cash in store or online. Tip: You can find businesses that accept bitcoin cash at sites like Acceptbitcoin.cash. Another tool is this interactive map of merchants accepting Bitcoin Cash.