Q&A for How to Create an Online Bitcoin Wallet

The best wallet to hold bitcoins is a cold wallet at bitaddress.org or official wallet at bitcoinofficial.org or Bitcoin Core.

No. A wallet is just for storing your Bitcoin, and there is no way to get interest. Websites that claim to offer it are usually scams so steer away from them. There is no such thing as free money.

I use freebitco.in. It is also a faucet and earns interest on your savings.

No, but you can use a hardware Bitcoin safe, which resembles a dongle and can be easily carried around.

You can find an exchange that allows small orders, like $5 or something. Look for exchanges in your country, local transfers are usually free or very cheap, so the chance you'll find an exchange with a small minimum order amount in your area is much higher.

You don't need it to be in a specific country. You can buy bitcoins from a US server or any other server using a VPN.

A software wallet on your desktop computer is typically going to be safer than a mobile wallet, assuming your phone has constant internet access. You can use an old phone essentially for cold storage, with nothing on it but your Bitcoin wallet. Then, all you have to do is turn off WiFi when you're not using the wallet. Otherwise, a software wallet is typically safer. Keep in mind, though, that a software wallet on your computer is only as safe as your computer itself. If your computer is vulnerable, so is your Bitcoin.

Yes, you can deposit cash into a bitcoin wallet through several methods. You can use a bitcoin ATM, where you insert cash, and it sends bitcoin to your wallet. Another way is through peer-to-peer (P2P) exchanges, where you pay someone in cash, and they transfer bitcoin to your wallet. Some cash deposit services allow you to deposit cash at a bank or store, and they send bitcoin to your wallet. Additionally, companies offering crypto coin development services may create platforms for easy conversion of cash to bitcoin. Always be sure you're using trusted services and double-check your wallet address.

You can send money to a Bitcoin wallet using your credit card, but not directly. You will first use your credit card to buy Bitcoin through a crypto exchange or wallet service, such as Coinbase or Gemini. Once you have purchased Bitcoin, you can then transfer it to the recipient's wallet address. This transaction will typically appear in their wallet after blockchain confirmation, usually in 10 to 30 minutes.

You can choose a Bitcoin wallet based on your priorities. For ease of use and beginner-friendliness, consider Coinbase Wallet (simple interface for buying and sending crypto) or Gemini Wallet (regulated in the US, safe, and user-friendly). If high security is your priority, hardware wallets like Ledger or Trezor keep your Bitcoin offline in cold storage. For mobile flexibility, Trust Wallet (iOS & Android, multi-coin support) or MetaMask (popular for Ethereum and DeFi) are convenient options.