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Bitcoin First Steps   —   Your 3 minute introduction to Bitcoin


Think back to the day you setup your first email address.

It was unfamiliar, but felt like the future.

Bitcoin feels similar.

Follow the next five steps to get started with this new digital currency.




Step 1. Open a wallet

First, you need to choose a wallet provider. Different providers offer different features, but you can start simple.

iPhone and Android apps are great wallets to start.

For iPhone, we recommend breadwallet.

For Android, we recommend Bitcoin Wallet.

Pick one, follow the setup instructions, and back up your wallet.

Treat your backup like cash — it’s all you have if you lose or break your phone.




Step 2. Use your new wallet

Open your Bitcoin wallet app. The homepage shows your balance, zero.

If you want to buy something with Bitcoin, you’ll need to receive some first!

Inside your wallet, find the Receive area.

Find your Bitcoin address which looks like:

1FRvE14wHAwQMqurKZv9gqZyXUCLJUteab

This could be your first address.

Bitcoin addresses are a long code that starts with a 1 or 3.

Bitcoin addresses are random and disposable. Your wallet app you just installed has lots of them but only shows you one at a time.

When you buy Bitcoin, you provide your Bitcoin address for delivery.




Step 3. Buy your first bits

Visit https://QuickBT.com

You need your Bitcoin address and the amount of Bitcoin you want delivered.

Remember: the amount is in Bitcoin, a digital currency.

1.00 Bitcoin costs over $1300.00 and fluctuates daily like all world currencies do.

QuickBT only sells fractions of Bitcoin now, as the limit is $100/day.

Try starting with a small amount such as "0.01". Click the Quote button.

Adjust amount as needed, even to 8 decimal places (0.01000001).

QuickBT supports two payment methods: online debit or online cash.

Online debit requires a Canadian bank to pay with INTERAC® Online. RBC and many credit unions are fully supported for now.

Online cash requires a visit to one of our 3000 cash payment locations. You'll search for a nearby retailer (Esso, grocery, convenience stores) by map or postal code, then buy your Flexepin Voucher for cash. Your voucher has a 16 Digit PIN which is as good as cash on QuickBT.com

Once you pay, you bounce back to QuickBT and your Bitcoin is sent to your wallet!

If you look on your phone, you should see your balance update!

If you don’t see your balance, check if there’s a lock icon near the top you need to unlock.




Step 4. Send your first bits!

Open your Bitcoin wallet app, which is now loaded with Bitcoin.

Bitcoin can be sent quickly by scanning barcodes, known as QR Codes. You can scan anyone's QR Code and anyone can scan yours.

Your QR Code is just a quicker way to share your current Bitcoin address.

If you’re buying online from your desktop: checkout with Bitcoin and you'll be shown their QR Code, amount due, and Bitcoin address.

In your phone's Bitcoin wallet, go to the Send area. Click the camera icon or 'scan QR code'.

Your wallet will use the camera — point your phone at a Bitcoin QR Code to scan it.

Your Bitcoin wallet should read it easily, filling in their Bitcoin address and amount for you.

If correct, click Send in your Bitcoin wallet!

The online checkout should turn green confirming you paid them!

If you need more Bitcoin, head to QuickBT.com and top up 24 hours a day.




Step 5. Repeat as needed

Now you have your loaded Bitcoin wallet and you know how to spend it. You can send to any person or business in the world, just like email. Just look for a QR Code or their address.

Paying with Bitcoin is much more secure — you don’t need to reveal your Card Details to each website. You just pay their QR Code.


Enjoy using Bitcoin!



The above introduction text is released into the public domain (CC0).
Last updated: Feb 3, 2017


Advanced Reading:

Compare Security Between Wallets [Bitcoin.org]
Bitcoin Essentials [YouTube]
How Bitcoin Works Under The Hood [YouTube]




This is not investment advice. Always consult a professional financial advisor before making any investment decisions.


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