How to Use Coinkite's Multi-Signature Wallets with Bitcore ...

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security submitted by rnvk to Bitcoin [link] [comments]

Tutorial: Coinkite Multisig Vault with Bitcoin Armory Lockbox [video]

Tutorial: Coinkite Multisig Vault with Bitcoin Armory Lockbox [video] submitted by rnvk to Bitcoin [link] [comments]

Spells of Genesis has raised over 860 Bitcoins using Coinkite Multisig

Spells of Genesis has raised over 860 Bitcoins using Coinkite Multisig submitted by starsoccer9 to Bitcoin [link] [comments]

Help with swiping bitcoin from old coinkite multisig wallet. /r/Bitcoin

Help with swiping bitcoin from old coinkite multisig wallet. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Just created a multisig address with coinkite and electrum but getting different addresses /r/Bitcoin

Just created a multisig address with coinkite and electrum but getting different addresses /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Just upgraded my bitcoins to multisig with Coinkite!

After watching the Epicenter Bitcoin episode it gave me the itch.
I had never used multisig before but Coinkite made it very easy. The site has lot's of options, including memorable images to deal with phishing.
I feel a much better sense of security with my savings in a 3 of 5 wallet with most keys created offline. I feel like thanks is in order for making this free.
Long time lurker, now I have an account and hope to participate in this community. Edit: the video link https://www.youtube.com/watch?v=5P5PofChyo8
submitted by simuneo to Bitcoin [link] [comments]

Coindesk: Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup

Coindesk: Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup submitted by joemir1 to Bitcoin [link] [comments]

Multisig Wallets Review: Coinkite alternatives and why Coinkite is still the best. /r/Bitcoin

Multisig Wallets Review: Coinkite alternatives and why Coinkite is still the best. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Multisig Wallets Review: Coinkite alternatives and why they're lacking. /r/Bitcoin

Multisig Wallets Review: Coinkite alternatives and why they're lacking. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Quick question about Coinkite Multisig and Ledger Nano /r/Bitcoin

Quick question about Coinkite Multisig and Ledger Nano /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security submitted by RealtechPostBot to realtech [link] [comments]

Spells of Genesis has raised over 860 Bitcoins using Coinkite Multisig

Spells of Genesis has raised over 860 Bitcoins using Coinkite Multisig submitted by coincrazyy to BitcoinAll [link] [comments]

Coinkite multisig + Ledger Nano = Error when signing a transaction /r/Bitcoin

Coinkite multisig + Ledger Nano = Error when signing a transaction /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Ledger + Coinkite Multisig combination /r/Bitcoin

Ledger + Coinkite Multisig combination /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup

Coinkite is now offering consumers unlimited access to its multisig wallets, a move it said was inspired by the ecosystem's recent security issues.
from CoinDesk http://ift.tt/1BTCOoH
via IFTTT
submitted by brasilbitcoin to BrasilBitcoin [link] [comments]

How to backup Coinkite multisig wallet? /r/Bitcoin

How to backup Coinkite multisig wallet? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[x-post r/Bitcoin] Can someone help me test out Coinkite's multisig?

[x-post Bitcoin] Can someone help me test out Coinkite's multisig? submitted by moon_drone to BetterBitcoin [link] [comments]

Coindesk: Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup

Coindesk: Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup submitted by moon_drone to BetterBitcoin [link] [comments]

Coinkite Removes Limits on Multisig Bitcoin Wallets

Coinkite Removes Limits on Multisig Bitcoin Wallets submitted by moon_drone to BetterBitcoin [link] [comments]

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security

Coinkite Reveals Most Extensive Multisig Support for Bitcoin Security submitted by dochex to technology [link] [comments]

Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup

Coinkite Removes Limits on Multisig Bitcoin Wallets in Service Fee Shakeup submitted by BTCNews to BTCNews [link] [comments]

FAQ for Beginners

What is Bitcoin?

Bitcoin is scarce, decentralized, and global digital money that cannot be censored.

Quick Advice

  • Do not respond to strangers messaging you with investment advice or offers and read how to avoid being scammed from the posts below.
  • Do not invest in Bitcoin until you do basic research, paid off all high interest debt, and have a emergency savings account of a stable fiat currency.
  • If investing do not expect to get rich quickly. You should expect to wait at least 1-2 years before taking profits. Bitcoin is currently very volatile. In the interim spend and replace Bitcoin because its a useful currency.
  • Beginners should avoid all mining and day trading until at least very familiar with Bitcoin. Mining is very professional(You cannot efficiently mine with your computer and need to buy special ASIC machines) and most people lose money day trading.
  • Never store your Bitcoins on an exchange or web wallet. Buy your bitcoins and withdraw it to your personal wallet where you actually own them instead of IOUs. Services like Robinhood and Revoult should be avoided because you cannot withdraw or use Bitcoin.
  • Make sure you make a backup of your wallet(software holding keys to your BTC) and preferably keep it offline and physical and private. Typically 12 to 24 words you write down on paper or metal. This onetime backup will restore all your keys, addresses , and Bitcoins on a new wallet if you lose your old wallet.
  • Beginners should avoid altcoins, tokens, and ICOs at least initially until they learn about Bitcoin. Most of these are scams and you should be familiar with the basics first. Bitcoin is referred to as BTC or XBT.

Exchanges Requiring ID Verification

Bitcoin = BTC or XBT on exchanges
Exchange Buy fee* Withdraw BTC Notes
Cash App Sliding ~2.2% to 1% 0 BTC Instant Withdraw, USA only
Coinbase Debit3.99% ACH1.49% 1-4USD ~7Day hold BTC withdraw
CoinbasePro 0.5% 1-4USD ~7Day hold free ACH Deposit or €0.15 EUR SEPA fee
Gemini 1.49% to 0.25%ATrader 0 BTC 10 free BTC withdraws w/ActiveTrader
Kraken 0.16% 0.0005 BTC Deposit Fiat=USwire+5USD or SEPA free
Bitstamp 0.50% 0.0005 BTC Deposit Fiat=0 SEPA or 5% card fee
Note: Exchanges all have unique market prices and spreads so fees alone will not tell you the best rates. Best way is to directly compare the rates between exchanges. Buy fees above are for normal trading volumes. Verification and hold times can vary based upon lack of history, verification level or credit.
More exchanges per location
For a secure Decentralized Exchange (DEX) use https://bisq.network

Recommended Wallets

Best wallets for securing small amounts of BTC
electrum For Desktop and Android
Pros= Great Desktop and Android wallet with advanced functionality like coin control
Cons= UX is not as polished as some other wallets, make sure you only upgrade from official sources like play store or https://electrum.org as malicious servers or adverts can tell you to upgrade malware from other sites
https://www.youtube.com/watch?v=E4EhZg5QslI
Phoenix LN wallets for Android
Pros- Lightning network integration(as well as onchain) allowing you to spend with LN merchants for instant confirmations and much lower fees. Easiest lightning wallet to use
Cons- Lightning is still somewhat experimental and less merchants accept it.
https://phoenix.acinq.co/
https://www.youtube.com/watch?v=Cx5PK1H5OR0
Breez LN wallet for Android and IOS
https://breez.technology
https://www.youtube.com/watch?v=t_4b-y4T8bY
Pros- Lightning network integration(as well as onchain) allowing you to spend with LN merchants for instant confirmations and much lower fees
Cons- Lightning is still somewhat experimental and less merchants accept it.
Other Lightning wallets - http://lightningnetworkstores.com/wallets
Blockstream Green Wallet IOS and android wallet
Pros- Great UX, easy hardware wallet and full node integration, RBF, HW wallet support and advanced 2fa options Cons- Until single signature is released 2 of 2 multisig means that one must depend upon blockstream’s server for tx signing. Other light wallets are dependent upon other servers as well but light wallets like electrum allow you to swap servers.
https://www.youtube.com/watch?v=uO3Zi9D5b0Y
https://blockstream.com/green/
Securing Larger amounts of Bitcoin
ledger nano S wallet = ~68 USD https://shop.ledger.com/products/ledger-nano-s
https://www.youtube.com/watch?v=YI1OntWB7wc
https://www.youtube.com/watch?v=AGe2GgfkO64
trezor one wallet = ~54 USD https://shop.trezor.io
https://www.youtube.com/watch?v=pT1j_kbZBEo
Trezor Model T = ~164 USD https://shop.trezor.io
https://www.youtube.com/watch?v=i3BIo5Ac_n4
Cold Card Hardware wallet = 119.97 USD https://store.coinkite.com/store/coldcard
https://www.youtube.com/watch?v=kocEpndQcsg
https://www.youtube.com/watch?v=f8dBNrlwJ0k
Digital Bitbox 02 = 109 USD https://shiftcrypto.ch/bitbox02/
https://www.youtube.com/watch?v=tdP_7LgZw7s
https://www.youtube.com/watch?v=z7nRq2OEhiw
https://www.youtube.com/watch?v=6D4FgJo3j64
Best Advanced Bitcoin Wallet= Bitcoin Core
Pros= Great privacy and security
Cons= UX is for more experienced users, takes ~week to sync and requires ~5GB minimum disk space if prunned
https://bitcoincore.org/en/download/
Best High Privacy Bitcoin Wallet = Wasabi
Pros= Best Privacy with Chaumian CoinJoin built in
Cons= mixing coins costs more fees and for more advanced users
https://www.wasabiwallet.io/#download
https://www.youtube.com/watch?v=ECQHAzSckK0
https://www.youtube.com/watch?v=zPKpC9cRcZo&list=PLmoQ11MXEmahCG1nkbKK6DiAwVx9giJCi
https://www.youtube.com/watch?v=y8wQK-Ndl3Q&list=PLPj3KCksGbSaEmjU0sywoTYDVYYSu8LsS

Further Resources

https://www.lopp.net/bitcoin-information.html
https://www.lopp.net/lightning-information.html
https://10hoursofbitcoin.com/
http://bitcoinrabbithole.org/
https://bitcoin-resources.com
https://www.bitcoin101.club
https://21lessons.com
submitted by bitusher to BitcoinBeginners [link] [comments]

Bitcoin Q&A: Is Multi-sig for the Average User? 10. How to Setup COLDCARD Air-Gap Multisig Wallet and use with Electrum How do Encrypt your SD Backup with ColdCard 13. Learn how to Backup your Bitcoin Seed on SEEDPLATE metal backup. Scanner multi Private key address coin wallet

Coinkite offers a number of useful bitcoin services, including wallet and a hardware payment network. Main features . Powerful, easy to use web wallet. Receive and send bitcoin amounts from a web interface. Two factor authentication, memorable image (to resist phishing attempts) and many other security features are in place. Users are free of the burden of securing their own computer. Multi ... Coinkite is the leading bitcoin security expert and hardware manufacturer Go ... Bitcoin Security Hardware Don't Trust. Verify. OPENDIME ® World's 1st and only Real Physical Bitcoin. Opendime is a small USB stick that allows you to spend Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one. Buy Now SHIPPING ... Coinkite sells a hardware device, complete with QR scanner and receipt printer that can be used to perform bitcoin transactions without a computer and in a retail setting. "Debit" Card. Coinkite offers all it's members a plastic card which can be used at the payment terminals, but is also useful anywhere as it has a bitcoin address on the back. First we need to create a multi-signature wallet on Coinkite. Select “Multisig vault” on the Coinkite wallet page. Enter an account name and select “Bitcoin Testnet” as currency. Choose 2-of-3 (the default value). Now it’s time to configure each cosigner. For the first cosigner, select “Simple”. This cosigner will be controlled by ... Description []. Multisignature (multisig) refers to requiring more than one key to authorize a Bitcoin transaction.It is generally used to divide up responsibility for possession of bitcoins. Standard transactions on the Bitcoin network could be called “single-signature transactions,” because transfers require only one signature — from the owner of the private key associated with the ...

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Bitcoin Q&A: Is Multi-sig for the Average User?

In this video you will learn how to sign your Bitcoin 2-of-3 Multisig transaction created on video #10 (https://youtu.be/OMpZ5heLsRg) using PSBT with COLDCARD and ... What’s the simplest way to use multi-sig? There are a number of wallets and services that facilitate a multi-sig setup, which ones are recommended? Is multi-sig a good solution for the ... In this guide you will learn how to setup a Bitcoin Air-Gap 2-of-3 Multisig Wallet and import into Electrum. The next video #11 (https://youtu.be/De6FDsf-UvA... He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. What is the Coinkite Coldcard? It's a Bitcoin hardware wallet, so it signs transactions and can be used offline. BIP39 based, which means you can backup the secret words onto paper, and have lots ...

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