What is the bitcoin com wallet?

We welcome you to try the Bitcoin.com Wallet, the fully self-custodial crypto wallet trusted by millions. The Bitcoin.com Wallet is what's known as a ' software wallet '. Quality software wallets provide an excellent combination of security and ease-of-use.

How do I set up cloud backup in the bitcoin wallet?

To set up Cloud Backup in the Bitcoin.com Wallet, just go to Settings > Cloud Backup and follow the instructions. Read more: Make sure your cryptoassets are safe with these simple tips. There are two main types of wallets: hardware wallets and software wallets.

How do software wallets work?

Software wallets take the form of an app which is downloaded for free to your phone or desktop. You simply open up the app and can start making Bitcoin transactions almost immediately. Since software wallets connect to the Internet, there's a very small risk of hacking.

What is the difference between a debit card and a bitcoin wallet?

For instance, debit cards have information associated with them, including an account number and a password. Each Bitcoin “account” within a Bitcoin wallet also has information associated with it. For our purposes, the two key pieces of information are the public bitcoin address and the private key.