A few known desktop wallets are Bitcoin Core, MultiBit, Armory, Hive OS X, Electrum, etc. Also, these forking events are a timely reminder for all of us that one should never trust exchanges and should always be in control of theirown private keys. The buttons are used to confirm transactions. They could program it to steal any bitcoins or add a back door. Keep your coins in an environment where you have complete control. Mobile wallets overcome the handicap of desktop wallets, as the latter are fixed in one place. Now that you have a wallet set up, its time to learn how to get some bitcoins. Forgiving, your funds can be recovered from a secret phrase. The address denotes which wallet the coins should be sent. Some wallets, particularly online ones, also let you buy coins. The only accounts you might encounter are online wallets that are separated into various accounts via a user system. This is because someone can buy a hardware wallet, tamper with it, and sell it used. How do I generate a Bitcoin address for my wallet?