This keeps your personal data safe and private Hodl wallet does not collect any information at any point in time and all your bitcoin exist exclusively on your device We use bip39 to create your new wallet and mnemonic backup recovery key. A free, open source, decentralized wallet for sending, receiving, & saving bitcoin. There are no restrictions or information required to get started and create a new wallet Instead, most bitcoin wallets give you a new receiving address for every transaction
Don’t be alarmed when your wallet switches bitcoin addresses after you receive bitcoin Think of it like a keychain with many addresses all tied to your wallet. You can save a note to remind yourself about extra details involving the transaction These notes are private and never leave your device Just fill out the note field before you hit send. Writing down your backup recovery key is the most important step of your hodl wallet setup
