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Understanding Your Bitcoin Wallet

Finance & Accounting

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Understanding Your Bitcoin Wallet, available at Free, with 6 lectures, and has 569 subscribers.

You will learn about The concept of public and private keys, their functions, and why they are fundamental to cryptocurrency transactions. The importance of seed phrases, how to securely store them, and their role in cryptocurrency security. Setting up a software Bitcoin wallet step by step. Testing the Wallet with a Small Transaction Safely test a new wallet with a small transaction and explore wallet features. How to restore a Bitcoin wallet from a seed phrase. This course is ideal for individuals who are This course is ideal for beginners eager to explore the world of Bitcoin. It’s a hands-on course, designed for you to actively follow along. By enrolling, you'll gain the knowledge and skills to confidently use the Electrum wallet, regardless of your starting level. It is particularly useful for This course is ideal for beginners eager to explore the world of Bitcoin. It’s a hands-on course, designed for you to actively follow along. By enrolling, you'll gain the knowledge and skills to confidently use the Electrum wallet, regardless of your starting level.

Enroll now: Understanding Your Bitcoin Wallet

Summary

Title: Understanding Your Bitcoin Wallet

Price: Free

Number of Lectures: 6

Number of Published Lectures: 6

Number of Curriculum Items: 8

Number of Published Curriculum Objects: 8

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

  • The concept of public and private keys, their functions, and why they are fundamental to cryptocurrency transactions.
  • The importance of seed phrases, how to securely store them, and their role in cryptocurrency security.
  • Setting up a software Bitcoin wallet step by step.
  • Testing the Wallet with a Small Transaction
  • Safely test a new wallet with a small transaction and explore wallet features.
  • How to restore a Bitcoin wallet from a seed phrase.

Who Should Attend

  • This course is ideal for beginners eager to explore the world of Bitcoin. It’s a hands-on course, designed for you to actively follow along. By enrolling, you'll gain the knowledge and skills to confidently use the Electrum wallet, regardless of your starting level.

Target Audiences

  • This course is ideal for beginners eager to explore the world of Bitcoin. It’s a hands-on course, designed for you to actively follow along. By enrolling, you'll gain the knowledge and skills to confidently use the Electrum wallet, regardless of your starting level.

In this course, we offer detailed, step-by-step guides that walk you through the process of setting up your first Bitcoin wallet.

We understand that security is paramount when setting up your first Bitcoin wallet, which is why we emphasize best practices for safeguarding your assets right from the start.

You’ll start with a foundational understanding of Bitcoin and how digital wallets play a crucial role in bitcoin transactions.

This course is designed to take you through the setup process of a specific type of wallet, including:

  • Understanding your wallet security

  • Backing up and recovering your wallet

  • Understanding private keys and public addresses

  • Conducting your first Bitcoin transaction safely

Beyond the technical aspects, we’ll also cover the common pitfalls and mistakes to avoid, ensuring you’re well-prepared to navigate the Bitcoin landscape with confidence.

By the end of this course, you’ll have your very own Bitcoin wallet set up and will possess the foundational knowledge to secure and manage your Bitcoin transactions. Whether you’re looking to invest, make purchases, or simply explore the world of Bitcoin, “Setting Up Your First Bitcoin Wallet” is your essential guide to getting started.

Our goal is to make sure you feel comfortable and confident with Bitcoin.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction to Setting Up Your First Bitcoin Wallet

Chapter 2: Public and Private Key Pairs

Lecture 1: Public and Private Key Pairs

Chapter 3: Understanding Seed Phrases

Lecture 1: Understanding Seed Phrases

Chapter 4: Setting Up a Software Wallet

Lecture 1: Setting Up a Software Wallet

Chapter 5: Testing the Wallet with a Small Transaction

Lecture 1: Testing the Wallet with a Small Transaction

Chapter 6: Restoring a Wallet

Lecture 1: Restoring a Wallet

Instructors

  • Ryan M
    Ryan M
    Educator at Bitcoin Learning

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Frequently Asked Questions


How long do I have access to the course materials?


You can view and review the lecture materials indefinitely, like an on-demand channel.


Can I take my courses with me wherever I go?


Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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