Wallets - Bitguide

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Wallets

A collection of 3 posts

What is Replace-by-fee (RBF)?

Replace-by-fee (RBF) is a mechanism in the Bitcoin network that allows a transaction to be effectively "replaced" by a new transaction with a higher fee. This is achieved by including a flag in the original transaction that indicates to the network that the transaction is replaceable. The purpose of RBF

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Why you shouldn't keep your cryptocurrencies in an exchange?

Cryptocurrency is becoming increasingly popular and with that comes an important question: where should you store your funds? While exchanges like Binance and Coinbase are convenient for buying and selling, they are not always the best option for holding your assets long-term. Exchanges are a prime target for hackers and

How to create a watch only wallet with Bluewallet

To create a watch-only wallet in BlueWallet, you need to follow these steps: 1. Begin by launching the Bluewallet app. 2. Locate the "+" sign in the upper right corner and tap on it. 3. Select "Import Wallet" from the options. 4. Input the bitcoin address you want to monitor and