Online Wallets

Online wallets are certainly the easiest to get started with. Before you do anything, you’ll want to
Getting started is as simple as visiting http://InstaWallet.org/. Once you visit this site, you’ll be presented with a Bitcoin address and balance of zero. That’s it! You have a Bitcoin account!

It is very important that you bookmark this web page now. By returning to this very specific web address, you’ll have access to your future Bitcoins. If you visit InstaWallet again without this specific web address, you will lose access to any Bitcoins stored at that original address. BEWARE: If anyone gains access to this InstaWallet URL, they can spend your Bitcoins. That is why it is important to follow the precautions described at the beginning of the Online Wallet tutorial.

This is what your InstaWallet page will look like:

Your Bitcoin address (to receive Bitcoins) will be a mix of 33-34 alphanumeric characters always beginning with a ’1′. To receive your first free Bitcoin money, visit the Bitcoin Faucet and submit your Bitcoin address. Refresh your InstaWallet page in a few minutes and you should soon see your first Bitcoins arrive and be ready for spending. To see what exactly you can purchase with Bitcoins, check out the Resources page for lists of merchants and companies that accept Bitcoins.