Welcome to our step-by-step guide to safely making your first purchase at BTC Direct!
If you’ve arrived here, you’re undoubtedly looking for a wallet address to receive your desired cryptocurrency. We’re happy to help!
This guide will get you started within 10 minutes so you can easily complete your first cryptocurrency purchase. After following this guide, you will have:
- A cryptocurrency address to complete your first purchase at BTC Direct successfully.
- The Exodus wallet app to receive, send, and securely store coins.
Note! This tutorial is specifically designed to help you with your first purchases at BTC Direct by creating a free wallet. Software or mobile wallets are a popular choice for storing cryptocurrency due to their ease of use, speed, and level of security they offer.
Step 1: Download the Wallet Software (desktop) or install the app (mobile)
In this guide, we choose the Exodus Wallet. Exodus is a well-known software wallet that supports a wide range of cryptocurrency.
- Visit the official website: Go to Exodus.io
- Download the correct version: Download the app directly to your mobile or click the download button for your operating system (Windows, Mac, Linux, iOS, or Android).
- Install the wallet: Open the app on your mobile or open the downloaded file on your desktop and follow the installation instructions. The installation process is quick and easy, and Exodus automatically creates a new wallet!
Step 2: Receive and Send Cryptocurrency
Mobile:
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To receive cryptocurrency:
- Select the desired cryptocurrency.
- Click on "receive".
- Click on the cryptocurrency address to copy it and paste the address into the order form of BTC Direct.
-
To send coins (later):
- Click on "send".
- Enter the number of cryptocurrency or the amount.
- Enter the wallet address of the recipient.
- Check the details and confirm the transaction. Exodus makes sending cryptocurrency quick and easy.
Step 3: Make a Backup!
To ensure that you can still access your cryptocurrency if you lose access to the wallet, we always advise making a backup. This backup consists of a 12-word recovery phrase.
Your backup using the MOBILE app:
- Click on the logo at the bottom right of the app.
- Choose Security.
- Choose Backup.
Note the 12 words and store them in a safe place. Note: keep the recovery phrase offline in a safe place. This backup of 12 words gives you direct access to all coins in this wallet when entered on another mobile device.
Desktop:
1. To receive coins:
- Click on "receive".
- Select the desired cryptocurrency.
- Click on the cryptocurrency address to copy it and paste the address into the order form of BTC Direct.
1. To send coins (later):
- Click on "send".
- Enter the recipient's address or scan the QR code.
- Enter the amount you want to send.
- Check the details and confirm the transaction. Exodus makes sending cryptocurrency quick and easy.
Step 3: Make a Backup!
To ensure that you can still access your coins if you lose access to the wallet, we always advise making a backup. This backup consists of a 12-word recovery phrase.
Your back-up using the desktop app:
- Click on the settings logo at the top right of the app.
- Choose Backup.
- Set a unique password. Store this password in a password manager or keep it safely offline.
Note the 12 words and store them in a safe place. Please note: keep the recovery phrase offline in a safe place. This backup of 12 words gives you direct access to all coins in this wallet when entered on another desktop or in a mobile wallet.
Some Additional Safety Tips!
Store your recovery phrase offline
Do not store your recovery phrase on your computer or online. Your recovery phrase provides access to all your cryptocurrency. Convenient if you lose access! So, don't leave these 12 words lying around and do not store them digitally.
Ensure you store the recovery phrase safely, offline, and privately! Investing large amounts? Then it's worth investing in extra secure storage for your recovery phrase. Look here for the safest way to store your recovery phrase.
Use unique passwords
Use unique and strong passwords for your wallet and all related accounts. Password managers are often a practical solution here.
Software Updates
Keep your wallet software up-to-date to benefit from the latest security updates and features. Exodus offers automatic updates to ensure you are always protected.
Need Help?
Ask our customer support experts for help. Start a live chat or send us an email. We are happy to help!
Good luck with your first purchase!
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