Bitcoin wallets are secured and private virtual wallets for sending and receiving bitcoins. Bitcoin wallets work exactly like a bank account with the exception of no minimum balance to start and the freedom to create as many Bitcoin wallets at will. When you join RedeX, you are issued your own Bitcoin wallet which is RDXCOIN.
RDXCOIN is the native Bitcoin Wallet for RedeX. To access this wallet you need 3 things: 1. Your RDX Identifier from your RedeX backoffice, 2. RedeX password and 3. Access to your RedeX registered email.
Every time you RDXCOIN wallet you will get a unique 6 digit authentication code send to your registered email. This works like Google Authenticator for RedeX.
For those beginners in RedeX, we advise you to do this process on a desktop or anything with a bigger screen.
The RDXCOIN dashboard has a neatly designed Bitcoin wallet interface.
You can send, receive transfer and reload bitcoins to your RDXCOIN wallet. Want to en-cash your earned bitcoins? Simply send it your coins.ph bitcoin wallet address for PESO withdrawal. Pronto!
If you need extra convenience, there is an option to directly withdraw your funds in your local currency via VISA debit card. However, RDXCOIN will require you to validate your identity. Routine KYC procedures plus 0.06 BTC fees for processing and issuance of the physical VISA Debit card applies.
Now that you're familiar with the RDXCOIN wallet, its time for your to explore other Bitcoin wallets.
Coinbase is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. You can send and receive bitcoins via email and buy and sell bitcoins directly from Coinbase. A full-featured Android app enables access to all account functions on the go. Coinbase’s founders have a proven startup track record and have raised money from very prominent venture capitalists. This gives Coinbase a level of legitimacy unparalleled in the Bitcoin space. They are also one of the only large Bitcoin companies to never suffer a major hack.
One of the quickest and easiest ways to get a Bitcoin wallet is to simply go to Blockchain.info and fill out their brief requirements. Blockchain.info is another web wallet like Coinbase and provides a simple setup and mobile access to your account via their Android app. They also provide a number of other useful services to the Bitcoin community.
If you are living in the Philippines, coins.ph is the easiest way to get a Bitcoin wallet. Their super user friendly interface makes it super easy for starters to have their Bitcoin wallets in minutes. Coins.ph also have an affiliate program that rewards anyone who refers new sign ups.
We also recommend a few other wallets, but not for the beginning Bitcoin user. If you are up for more of a challenge, Armory is a good choice for those requiring the highest possible security, and the original Bitcoin-Qt client is also trusted and worth learning how to use.
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