Help:Installing Bitcoin Core

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Revision as of 18:11, 8 January 2011 by Sgornick (talk | contribs) (Online Wallet)
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You can start exchanging bitcoins within a few minutes.

Online Wallet

Ewallet services are available and may provide the quickest path to getting started with Bitcoin. In just minutes an account can be created and funded.

Local Wallet

Those who run the Bitcoin software on a computer

On Windows


Download and install Bitcoin.

Download the "Windows (exe)" version
Complete installation wizard


The first time you run Bitcoin, it needs to download all the blocks to setup. You already have your bitcoin address at this point, but you won't see any transactions before the initialisation is complete (it can take from an hour to a few hours).

Bitcoin is initialising by establishing a connection to other clients and downloading the blocks.
Completed download of block-chain.

Getting my first coins

The Bitcoin Faucet website currently hands out 0.05 BTC to new bitcoin users. Fill in the form with your bitcoin address.

Getting free coins from the Faucet

A new entry should appear in Bitcoin. The network hasn't yet confirmed it, but you know it's being processed. After about one hour it should get 6 confirmations. You are able to spend the coins when there is only one confirmation.

The confirmation counter will, just like the block counter, increase by one every 10 minutes approximately. Six confirmations are considered as 100% sure a transfer has been processed.

First btc recv.png
Six confirms bitcoin client.png

Points to remember

  • You don't need to be online for receiving BTC.
  • You can create as many new addresses as you like. Using a different address each time helps keep you anonymous.
  • You can be anonymous with adequate precautions.
  • You cannot send BTC to an invalid address. Typos are not a worry as the payment will refuse to send.