BTC (Bitcoin): Account Set-up

The bitcoin address can be freely set up in seconds. Users can also hold multiple addresses and they are not linked to any personal identity information. The place where the users store the bitcoins are called ‘wallet’. Choice of wallets should be made based on the level of security required. It can be a software wallet that gets stored on the hard drive of a computer or online web or ‘vault’ service that protects the bitcoin offline or multisig wallet which uses number of kers to protect the account. The user will find wide range of exchanges in whose midst the bitcoins can be traded, bought or sold.