
Discover what bitcoins are, how they work, and how to store them by choosing wallets like Exodus, Copay, and Coinbase, while exploring different wallet types and converting between cryptocurrencies.
Learn how bitcoins are claims stored on a decentralized blockchain, and how ownership uses private and public keys with a public address. Wallets manage these keys to send and receive.
Understand how Bitcoin uses public and private keys, using an email analogy to show why the public key is shareable and the private key remains secret for accessing your bitcoins.
Learn how public keys, private keys, and public addresses work in Bitcoin wallets, including importing addresses, copying keys, and sending or receiving coins through wallet software.
Understand what a Bitcoin wallet is as software that stores private and public keys and helps you make new ones, with four main types including desktop, mobile, online, and hardware.
Explore bitcoin wallet types, including Armory and Exodus desktop and mobile software wallets, online wallets, paper wallets, and hardware wallets, and understand full versus light wallets that download the blockchain.
Compare full vs light Bitcoin options, noting that full blockchain downloads allow transaction verification and total about 143 gigabytes, while light options conserve mobile storage.
Learn about selecting light wallets for bitcoin handling, including a desktop wallet and mobile options like co-pay, and understand how referral links on coinbase may offer bitcoin incentives.
Download the Exodus wallet from exodus.io, set it up, and explore the application section to learn how to manage bitcoins.
Open the Exodus wallet and explore its four sections (portfolio, wallet, exchanging, and backup), and learn to send and receive Kryptos with your public address.
Set up the Copay bitcoin wallet by installing the app, backing up your backup phrase, and using receive, scan, and send functions in settings.
Learn to link your bank account to an exchange, buy bitcoins on Coinbase, and transfer them to your wallet.
learn how Coinbase, a user-friendly cryptocurrency exchange, lets you swap fiat money for crypto and convert bitcoin into other currencies not supported on this exchange.
Learn how to navigate coinbase's dashboard, enable two-factor authentication and add a phone number, verify your identity, and use debit or credit cards to instantly buy bitcoins.
Learn how to send bitcoin to a wallet by copying the address, sending the maximum amount, and verifying the portfolio updates after the transaction is confirmed.
Learn how to view a transaction on the blockchain using a receive address, see it marked as received and awaiting six confirmations, and understand miners preventing double spends.
Receive your first crypto into your wallet, view the balance and value, and back up by setting a password before converting or exchanging to Bitcoin.
Emphasize writing down your recovery phrases to back up and recover your wallet, noting that without them you cannot recover access.
Choose and secure your bitcoin wallet with either an email backup link and password or printed recovery words, ensuring one method is active to prevent loss of funds.
Learn how to use Shapeshift to convert between cryptocurrencies within your wallet, including depositing coins, choosing quick or precise exchanges, handling addresses, fees, and tracking orders.
Learn how to exchange Litecoin for Ethereum, manage assets on an exchange, and track your portfolio as conversions occur despite network congestion.
Explore a crypto portfolio, including an 18-dollar balance and a 9% vs 91% asset split, and learn how to convert between coins and buy assets like Golem with Exodus wallet.
Express gratitude to learners for completing the course and invite feedback to improve future Bitcoin basics lessons, making other courses more fun, entertaining, and a joy to learn.
Bitcoin Baby steps into the world of crypto currencies. We are going to be mainly focused on bitcoin and litecoin in this course. These fundamental skills will help you explore other cryptocurrencies as well. The goal is to learn how to get bitcoins via the coinbase exchange, how to store them in your wallet and then how to convert between them.