Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Topic OP
The Bitcoin mentorship experience.
by
Ummsha
on 21/09/2024, 06:53:46 UTC
⭐ Merited by Porfirii (1)
Good day everyone.

I want to share my experiences we had in occasion with my friend,I checked my friend's phone and I saw a bitcoin wallet in his phone though he doesn't know how to use it and he  has the prevelage to ask me how to use it then I went ahead and explained in details to him from the little experiences I have here.

Here are some comprehensive tips I gave him on how to use it.

Firstly:
I consider on highlighting him on:

>Wallet types (software, hardware, mobile, web) and there being used
>Wallet security measures (such as: encryption, cold storage e.t c)
> Transaction fees and confirmation times which is very important
>Bitcoin units (BTC, mBTC, satoshis) and more...

Then explained all these in details:
Create/restore wallet
Set password/PIN
Enable 2FA

Receive Bitcoin
Go to Receive
Copy Bitcoin address
Share with your sender

How to send Bitcoin
Go to [Send]
Enter recipient's address
Enter amount then you
Confirm it

  Note:
Use strong passwords/PIN
Enable 2FA
Update software
Backup regularly
Use secure internet

Keys terms
Private key
Public key (Bitcoin address)
Transaction ID (TXID)
Blockchain.

Please my good members of Bitcoin Forum,hope I have shared a well comprehensive quides with him?
Please if there's any additional guides from you am also eager to learn.