What is a crypto wallet
One of the first things you need to buy crypto is a wallet – so what is a crypto wallet and why do you need one?
Simply put, a crypto wallet is a unique identifier used to confirm you as the owner of your crypto. It has a public address that can be freely shared, and any crypto sent to this address will appear in your wallet. It also has a private key: this is used to access and spend your crypto. It must be kept secret to ensure a secure crypto wallet.
You need a wallet to buy, store, and spend your crypto – basically, this works much like a bank account. Unlike bank accounts, however, crypto wallets are decentralized; there isn't a single authority handing them out. In fact, there's a wide variety of wallets available – so how do you pick the best crypto wallet?
Choosing the best crypto wallet
All crypto wallets work the same way; what's different is security, accessibility and user experience.
Security should be your top priority – remember, anyone who can access your crypto wallet can access your crypto. Pick the safest crypto wallet you're comfortable with.
Don't forget about accessibility, however. If you lose your private key, you cannot access your crypto!
Finally, if you're using your wallet often, you may want to pick something you're comfortable with.
In other words, the best crypto wallet is the one that works for you: it must be safe, accessible and easy to use.
We've kept all these things in mind when creating the Paybis wallet. It's a safe, accessible, easy-to-use and absolutely free crypto wallet you can get in a couple of clicks!
Opening a Paybis wallet
We offer an online crypto wallet you can open and access right from this very site. The only thing you need is a Paybis account! If you have one, you're good to go. If you don't, signing up only takes a few minutes and is absolutely free.
Once you're logged on, the rest is easy. You can either:
Go to the Wallets tab and click “Add wallet”;
Hit the “Open wallet” button on this site;
Buy some crypto and we'll create a wallet as you go along!
And that's it – you'll have a fully functional crypto wallet in just a few clicks! Get yours today and start your crypto journey with Paybis!
