MYCELIUM BITCOIN WALLET

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The most important thing to remember when dealing with Bitcoin is to keep your private keys safe!

Bitcoins are stored in accounts that require private keys to prove ownership. Typically these keys are stored in your bitcoin wallet by the app. Without the private keys, you can’t prove that you own the bitcoins in those accounts, and won’t be able to spend them. On the other hand, anyone who gets copies of those private keys will also have full control of those accounts, and can spend them even without your approval.

Because of this, it is very important to keep those private keys safe and secure. These keys can come in many forms. They can be a long string of random characters, a QR code, or even a list of 12 or more unique words. Mycelium uses the 12 words to create your keys, and stored bitcoin addresses in what is called an HD Wallet account. It is very important that you keep a copy of those words secure, but also somewhere where you won’t lose them. If you lose your phone, or it gets wiped, and you don’t have a backup, your bitcoins will be lost forever. And if someone else gets access to your private keys they can take your bitcoins. It is also recommended to make more than one backup copy, in case one of the backups gets lost or damaged.

  

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Comments

  • Avatar
    Jan Valeriano

    Do you offer a debit card to provide access to bitcoins?

  • Avatar
    Gregory Huddleston

    Yes

  • Avatar
    Gregory Huddleston

    How do I deposit $?

  • Avatar
    Allen Willis

    How do I deposit money

  • Avatar
    Fredral Shade

    I was suppose to send 3 and sent 31. Can I retrieve my money

  • Avatar
    Tina Zupancic

    Is the transaction fee changeing if l sand out 1btc or 0.001 btc with same fee priority-normal?

  • Avatar
    Rizki Kurniawan

    @Fredal You cannot reverse transaction. Once sent will always be sent.
    @Tina yes transaction fee always changing even on the same priority. Check the transaction size and fee as reference. Sending 1 btc and sending 2 btc of course have different sizes.

  • Avatar
    Everyoel Rodriguez

    How I transfer my bitcoin to my bank account

  • Avatar
    Rizki Kurniawan

    @Eve to withdraw it to bank account you gotta sell it first at exchange. Where do you live? Try Poloniex. Needs verification though

  • Avatar
    Brahim

    Ayuda,quiero saber porque tenias una dureccion de bitcoin y luego de recibir bitcoins me cambiaro a otra direccion nueva de bitcoin? Puedo seguir usando mi antigua direccion de bitcoin?

  • Avatar
    Sheremetev

    Добрый,подскажите Как найти оплаты с кошелька за конкретный день?я с андроид приложения на телефоне выхожу,компьютера нет

  • Avatar
    Franz

    Ich habe mein Telefon Defekt, und ich hatte die Daten Verloren,wie kann ich mein Konto wieder Herstellen.

  • Avatar
    paula ovalle

    Hola hice una transferencia desde una cuenta a mi cuenta y no la registra aun pero en la cuenta pasada aparece como pagada que puedo hacer ?

  • Avatar
    Danny

    I don't see an option to add my card to my acct where can I find it

  • Avatar
    Danny

    Can I get some help like a live chat or a rep

  • Avatar
    Derick jordan

    I have btc sent been over 10 hours no confirmation can I stop payment

  • Avatar
    Rizki Kurniawan

    Hi Derick... You cannot cancel manually. It usually will be automatically canceled or rejected within a week if no confirmation at all. It is recommended to send Bitcoin with standards payments or fee