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  1. #1
    adairk's Avatar
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    Red face bitcoin wallet address

    I am finding that many affiliate sites use only bitcoin to pay commissions.
    Does anyone know how I can go about getting a bitcoin wallet address? I've been trying for several days and many hours looking for how to do this and can't figure it out.
    There must be a place that tells people in a way that can be understood. I've tried here bitcoin.org as suggested by Commissionkings and what I see is like trying to read Greek which is impossible for me.

    Thanks in advance!

  2. #2
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    Step 1/ Download a wallet application onto a safe computer.
    You could try exodus wallet at exodus.io ... it's quite user friendly.

    Step 2/ Create a new wallet and keep the seed words in a safe place.
    Write them down and keep the piece of paper as safe as you would 10K in cash.
    If you have your seed then you can always access your bitcoin even if the computer crashes.
    If someone else has your seed then THEY can always access you bitcoin on a new wallet.

    Step 3/ Go to the bitcoin segment in the wallet and look for your RECEIVE address.
    That is your address that you give for affiliate programs to pay into.
    It's safe to share this address with programs.

    But this just gives you bitcoin - you will still have a lot of steps to turn bitcoin into fiat cash (in your case CAD)

    ------------------------------------


    If you've really never even thought about crypto before :

    a/ Consider a crypto wallet as a way to store crypto at home.
    b/ You also need to get an account at a crypto exchange which a bit like getting a share broking account at a stockbroker.
    c/ You then need to change the crypto into cash at the exchange and send it to your bank.

    Unfortunately, the steps are strange, and the hype (and fear) about being hacked or making mistakes is strong.

    It's not too hard to manage once you've done it a few times - but the first few times can be confusing and a bit scary if the dollar value is high.

    -----------------------------------------

    However, if you are really confused about all this and crypto in general then you probably need to find a mentor.

    Looking for something on Amazon - these books would be a good primer.
    The issue is that they're printed books - so they're old (2107 and 2019) - but there is a good basic grounding.

    It might be more than you need - but like any financial system - you are better off knowing MORE than you need.

    Bitcoin For Dummies 1st Edition
    https://www.amazon.com/Bitcoin-Dummi.../dp/1119076137


    Cryptocurrency Investing For Dummies 1st Edition
    https://www.amazon.com/Cryptocurrenc...B4VGFKVA6M7YDA


    There will also be some good websites, and some scam websites. Most websites that pop-up in google searches are pretty average sites, that appears to be trying to sell things at every one of their recommended steps - eg sell hardware wallets, get commission on an etoro account etc.

    (Actually a pretty bad reflection on google search and the affiliate model in general)
    Last edited by TheGooner; 22 June 2020 at 8:47 pm. Reason: more with book suggestions

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  4. #3
    Jambo is offline Private Member
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    I can recommend you to open an account and btc wallet at wirex.com

  5. #4
    PromoteCasino is offline Private Member
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    Quote Originally Posted by Jambo View Post
    I can recommend you to open an account and btc wallet at wirex.com
    Think that is the wrong url it is coming up as a real estate exchange
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  6. #5
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    sorry it is https://wirexapp.com/


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  8. #6
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    Checkout Blockchain (dot com). It’s pretty straightforward to setup a crypto account and get started with sending and requesting Bitcoin addresses. Good luck mate
    Last edited by Cash Bonus; 23 June 2020 at 4:41 am.

  9. #7
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    Please do not listen to random strangers from internet. Especially not those who have short messages like me. With bitcoin either spend much more than hours or days or weeks learning about it. See Gooners advice, which you will ignore.

    Since you are tired to read long messages, just buy Ledger Nano and start going to church to pray and at least read profoundly how to use it. You still can be hacked, but much less likely than by downloading random software or using 3rd party apps on your very likely infected device (like wirexapp).

    Prepare to lose the coins.

    Alternatively find directly a bitcoin exchange and the account there automatically comes with an address, so you do not have to worry about your own address. Sounds too good to be true? Yes! The problem is that this way your coins might be frozen and the higher the amount the progressively higher the chance the exchange will freeze the coins, because they will not like it is coming from gambling.

    So again prepare to lose the coins.

    Have fun.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  10. #8
    Jambo is offline Private Member
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    Quote Originally Posted by Sherlock View Post
    Since you are tired to read long messages, just buy Ledger Nano and start going to church to pray and at least read profoundly how to use it. You still can be hacked, but much less likely than by downloading random software or using 3rd party apps on your very likely infected device (like wirexapp).

    Edit: Sorry i understand your post a bit wrong(my bad english). I thought you say wirex is not serious.

  11. #9
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    After 9 year in bitcoin I do not know much. Even less about Wirex.
    But I can a bit imagine total newbies in Bitcoin. There is no safe way how to handle bitcoin, but the biggest threat for newbies is their own device. HW wallets - even when having a lot of disadvantages - are the best protection against unprotected device of newbies.

    Wirex is maybe one of the exchanges proposed even in my post. Although the spreads are very high and the VISA cooperation is good until it is not (gambling unfriendly AML is most likely much stricter by VISA than by exchanges).

    So I am not against Wirex that I have no experience with. Just handling bitcoin is not like installing some other software. It is never easy and never safe. This should be repeated to newbies. It is not just some other program/app. It can be much more safe or unsafe and it depends on user itself and his understanding the system. The security in crypto can not be outsourced like security in a bank for example. I feel this has to be told.

    With crypto there is always very costly trade-off between: usability x security x time spent.

    If one does not want to spend time with learning, it is possible to use crypto. Just it is not secure and just a matter of time when the coins will be lost.
    If one wants the app like mobile banking, it is indeed possible to have it as well in few seconds, but again, the security is a problem.

    Money stolen from bank or credit card can be reverted and there is always someone who will talk to customer. With crypto there is nobody and the money gone is money gone. This is why crypto also attracts much more scammers and they are much more sophisticated than other frauds.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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  13. #10
    Jambo is offline Private Member
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    Yes you are right. It is of course important to be a bit informed and not just create a wallet in 30 seconds and thats it. Everybody should of course know the risk with bitcoin and if you do something wrong the money is gone and nobody can help you.

    But there exists many good btc wallets/providers on the market.

    Regarding Wirex... they are not the cheapest if we talk about fees but at least they are safe, have a fast support and easy to handle for newbies

  14. #11
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    Sorry, but it is not possible that they are safe in a way "safer than alternatives".

    They are exactly in the category extremely high usability and little time needed for learning but the low security is the price.

    They are in category of online wallet and private keys controlled by third party. It is the least safe solution. It is misleading to mark them as safe. If it works then great. But everyone should understand as the first thing to learn that the crypto solutions where you do not control the keys, you do everything online and some third party controls the keys are the least safe solutions.

    People who are new in bitcoin should not be told that something is safe. Nothing is safe around bitcoin. Like nothing is safe about driving. Everything is unsafe and one can only learn to make it safer. But never safe. And using online wallets/exchanges/third parties is exactly the most unsafe part of using crypto.

    If people understand this from the start, I believe the 99%+ of crypto hacks will not occur. I really think this is the important thing. I am actually not sure if you understand this and please do not take it as offense. It is not meant like that.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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  16. #12
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    Ive been using the Bitpay app.. Works pretty good

  17. #13
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    Quote Originally Posted by GamingPro View Post
    Ive been using the Bitpay app.. Works pretty good
    Same thing. 3rd party app. Banned gambling - at least de iure long time ago - https://news.bitcoin.com/bitpay-bans...-and-gambling/.

    The 3rd party hacks occur, even when the wallets are better protected than wallet of average user. But those large wallets attract a lot of attention. Also those corps attract people who want to steal the coins and sadly, by nature of crypto, it happens. And lastly - nowadays fintech companies will go bankrupt en masse.

    Unless the coins are immediately converted, it makes sense to use your own wallet. And it makes sense to use the wallet also to obfuscate the payments from gambling before sending to 3rd party app/exchange. Nobody wants to be flagged as bad actor in crypto, because some sharing of info of compliance will come sooner or later.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  18. #14
    MMM
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    I am not crypto expert, but to keep it simple.
    Option 1 - follow Gonner and Sherlock advice here and learn.
    Option 2 - don't hold crypto at all. get a wallet and an account on exchange. Each time receive payment to your wallet, transfer it same day to exchange, turn into fiat and withdraw to your bank. That's it. That way even if something happens on the way, not much harm's done.
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    Gonner and SHerlock are very experienced members.

    In any given , hard situation, they give very good and full explanations.

    When I was a newbie in this forums, I read a lot of the things they said and wrote

    They are trusted people, follow them and you will not regret your choice.
    Seven times fall, eight times stand.

  21. #16
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    Quote Originally Posted by drifter8 View Post
    Gonner and SHerlock are very experienced members.
    I didn't know that Gooner was a Gonner.
    What's another word for Thesaurus?

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  23. #17
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    Gooner , like Gooners, Arsenal fans

    Excuse my typo
    Seven times fall, eight times stand.

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  25. #18
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    Quote Originally Posted by DaftDog View Post
    I didn't know that Gooner was a Gonner.
    IF you've seen the way Arsenal are playing at the moment -- all Gooners are Gonners !!



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