For most new bitcoin users today, the best and easiest way to get bitcoin is to use an online bitcoin exchange. Once you get bitcoin, though, you may decide that an exchange's website is not the best place to secure your funds.
Websites are vulnerable to outages and hacks, and if you want to have full control of your bitcoin, you shouldn't trust your bitcoin's private keys to a third party. Since exchanges don't broadcast transactions to the Bitcoin network in real-time, they also often fail to give bitcoin users the functionality they need to spend bitcoin for goods and services.
To secure and spend your bitcoin well, you need a true bitcoin wallet – software designed to for compatibility with the Bitcoin protocol. True wallets, including the BitPay wallet, give you full control of your bitcoin's private keys. Only you have access to your funds.
The only problem with true wallets? Until recently, most of them haven't included an easy way to buy bitcoin in-app. Now, with the recent release of our Coinbase and Glidera integrations, BitPay wallet users can add to their wallet balances directly from in-app exchange connections.
The BitPay wallet's exchange integrations offer the best of both worlds: the convenience of buying bitcoin on an online exchange combined with the hardened security of a true bitcoin wallet.
Ready to buy (or sell) your first bitcoin in the BitPay wallet? Watch the video below to learn how to get started with our Coinbase integration: