How to set up BlueWallet with Pocket
This article serves as a guide to creating a bitcoin wallet using the BlueWallet app, as well as initializing this wallet via Pocket for bitcoin purchases.
The BlueWallet app is a mobile wallet. This means that in this app you can manage your bitcoin directly on your mobile device and also receive bitcoin transactions to it.
1. Download BlueWallet app
To download the BlueWallet app, go to the respective app store with your Android or iOS device and download the app "BlueWallet - Bitcoin wallet".
2. Create wallet
Open the app. Click on the "Add Now" button.
After that, you have three choices. You can choose to create either a normal bitcoin wallet, a bitcoin lightning wallet or a vault for multisignatures. To use the simple and native version of bitcoin, select bitcoin, give your wallet a name and then click "Create".
3. Note recovery phrase / save wallet backup.
Once you have created your wallet, you will be shown 12ย words on the next screen. These 12ย words is your wallet recovery phrase. As BlueWallet says, it is very important that you physically write down these words. You can use the words to recover your wallet in case you lose your smartphone or it gets stolen.
โ We recommend you:
- Write down the words, as given, numbered 2ร on a piece of paper. It is recommended to write the words with pencil and ballpoint pen, because ballpoint pen can fade in the long run.
- It is best to laminate the document afterwards to protect it from moisture and store it in a safe place.
โ You should not do this:
- Don't take a screenshot. Your pictures will most likely be saved to the cloud. For this reason, it is easier for people with malicious intent to get your recovery phrase via the cloud than if you just physically write it down.
When you have written down the words and checked them again, click "Ok, I wrote it down" to continue.
4. Start synchronization with Pocket
Open the website pocketbitcoin.com/en/checkout. Click on the "Select Wallet" button.
On the next page, you need to specify where you want to store your bitcoin.
Now, to use your new BlueWallet bitcoin wallet, click the "Select" button in the "On your existing bitcoin wallet" tile.
On the next page, you need to specify what type of wallet you have. Click on "BlueWallet."
5. Copy bitcoin address from BlueWallet app.
Now go to your BlueWallet app. Select the wallet you just created and click on "Receive".
For security reasons, the app will ask you again the first time if you wrote down your recovery phrase (12ย words).
- If you haven't done this yet click on "No, I haven't". You will then be shown a QR code for exporting your wallet and below you will again be shown the 12ย words / your recovery phrase. Be sure to write down the 12ย words before you continue.
- If you have already written down the 12ย words on a piece of paper, click "Yes, I have." to continue.
On the next screen, you will see the bitcoin address of your wallet as a QR code, as well as a string of characters below the QR code. So, you can receive bitcoin to this address.
Click on the sequence of characters highlighted in light purple in the screenshot to copy your bitcoin address. The action will be confirmed to you with the text "Copied to clipboard." confirmed.
6. Share bitcoin address with Pocket
Now return to the Pocket website and paste your bitcoin address from the clipboard in the purple field and click the "Confirm" button.
7. Confirm access to bitcoin address.
Next, the bitcoin wallet must be linked to Pocket Bitcoin. This is done by signing with the wallet. On the Pocket website, the next steps are already explained to you.
Open your BlueWallet app and click on the newly created wallet that you want to link to Pocket. Then click on the three dots in the top right corner.
Now you are on the detail view of your wallet. Here you can change the name of your wallet.
Now click on the button "Sign/verify message" to sign the wallet.
After that you will see a screen with 3 fields in the app. At the top you will probably recognize your Bitcoin address. After that you have one field each for the "Signature" and for a "Message".
Now, on the Pocket website, copy the message "I confirm this bitcoin address ..." by clicking the button to the right of the text.
Then return to the BlueWallet app and paste the copied message from the clipboard into the "Message" field. Then click on "Sign".
By this action you have confirmed that you have access to your bitcoin address.
Now you will be shown a signature in the second field. This signature cryptographically integrates the message you received from Pocket. By giving this signature back to Pocket in the following steps, we know which order and bitcoin address your future payments are referencing. Therefore, we know, to which bitcoin address we have to pay out your bitcoin.
8. Sign wallet
Select all the text, copy the signature and return to the Pocket website.
Paste the copied text from the clipboard in the purple field and click the "Confirm" button.
The next screen will confirm that the link between your Wallet and Pocket worked.
This completes the wallet configuration. Now click on the "Confirm" button.
9. Enter your e-mail address
In order for us to keep you updated about your transactions, you need to enter your email address in the next step. Don't worry, we won't send you any marketing emails, we will only confirm your future transactions by email.
Enter your email address and click the "Confirm" button.
10. Specify bank account
Now you only have to link your bank account. To do this, enter the IBAN address of the account, from which you deposit.
Then click on the "Accept and proceed" button. Now everything is set up.
11. Study order confirmation
On the next page you will find all the information about your order. Among other things, you will find all the payment information for Pocket, so you can make your first Bitcoin purchase right away. Please also note the daily limit when creating payments.
12. Buy bitcoin
To buy Bitcoin now you can simply set up a new payment in your e-banking. All the necessary information, such as IBAN, reference number, BIC and our address, we have also sent you by email. Remember to include the payment reference in the transfer so that the payment can be assigned to your bitcoin address and paid out to you.
Now, among other things, you can also set up a standing order / DCA order to receive bitcoin to your newly linked wallet at a desired interval, for example weekly or monthly.
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