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How to self-custody your crypto using Blockchain.com

Not your keys, not your crypto: the lesson we keep on learning.

Non-custodial wallets basics

  • Receiving funds to your wallet(s)
  • Sending funds from your wallet(s)
  • Backing up your wallet(s) and exporting private keys

Before you start

  • already own crypto — even on apps/exchanges besides Blockchain.com
  • already have a Blockchain.com Wallet account (web or app)

Receiving crypto

Web

  1. Select Receive from the top-right.
  2. Type the name or symbol of a cryptocurrency like “Bitcoin” or “BTC.”
  3. Select a specific Private Key Wallet to reveal options to Copy Address or scan a QR code.
  4. Ensure the address is correctly scanned, pasted, or manually entered by the sender.
  5. To monitor incoming transactions, visit the asset’s tab in the Portfolio section on the left side of the screen.

App

  1. Select + and then Receive.
  2. Type the name or symbol of a cryptocurrency like “Bitcoin” or “BTC.”
  3. Select the Private Key Wallet to reveal options to Copy Address or Share Address.
  4. Ensure the address is correctly pasted or entered by the sender.
  5. To monitor incoming transactions, visit the Activity tab.

Sending crypto

Web

  1. In the top-right, click on Send.
  2. Select a cryptocurrency from the Currency drop-down menu.
  3. In the To field, paste the recipient’s address OR scan the recipient’s QR code.
  4. Enter the amount you want to send.
  5. Add an optional description for your transaction (only visible to you).
  6. From the Transaction Fee drop-down menu, choose either a Regular or Priority fee. (Regular fees are lower, but transactions can take over an hour to confirm. Priority fees cost more but are calculated to ensure transactions confirm within an hour.)
  7. Once you’re ready to send, click Continue to review the details of your transaction.
  8. Once you have verified your transaction details, click Send to send the funds.

App

  1. Login to your Wallet on the Blockchain.com mobile app
  2. Press the + symbol in the bottom menu
  3. Select Send and choose the wallet you would like to send from
  4. In the To field, paste the receiving address or tap the QR code in the upper right corner to scan the recipient’s QR code.
  5. Enter the amount you’re sending and review the transaction fee.
  6. Select Continue to review your transaction details.
  7. Select Send.

A note on networks

Backing up your wallets

Web

  1. Go to Settings and select Security.
  2. Click Backup.
  3. Click View Secret Private Key Recovery Phrase.
  4. Write down your phrase.

App

  1. Go to Settings.
  2. Scroll down to Security and tap Backup Phrase.
  3. Tap and hold the blurred image.
  4. Write down your phrase.

Ethereum-specific backup

  1. Click on the user icon (Profile) in the top-right of your web wallet and click Wallets & Addresses.
  2. Go to the Ethereum section
  3. You should see the following message in this section. Click Show.

Further reading

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