, invented in 2009 by Satoshi Nakamoto. It is the first ever peer-to-peer version of electronic money that has solved the double-spending problem. Bitcoin represents an important innovation within the payment industry, since it doesn’t require any fiduciary third party in order to transfer money among users. Satoshi Nakamoto developed Bitcoin as an 

alternative to the traditional financial system

, largely functioning through layers of intermediaries, with the goal to build a system based on trust, creating the foundation for a new monetary ecosystem, completely digital and based on the cryptographic proof.

Bitcoin is a virtual currency, invented in 2009 by Satoshi Nakamoto. It is the first ever peer-to-peer version of electronic money.

What is Bitcoin?

A Bitcoin Wallet is a software through which Bitcoin can be sent and received. This Wallet is like a physical wallet. However, rather than store a physical currency, the Bitcoin wallet is built to store the cryptographic information (private and public keys) used to 

access your Bitcoin and make any transaction

Unlike traditional digital Wallets, where you own a private key and from which public addresses are created to receive Bitcoin, our custody technology is built on a

, namely a security protocol made of 3 private keys, of which 2 are online and 1 is offline. To confirm any given transaction 2 out 3 keys are required. The first key is in your control: it is expressed through the password set and represented by the 12 words; the second key is held online by Conio, while the third key is kept offline and solely used in the event that the user loses his/her private key. Thanks to our technology solution, in fact, you will always be able to recover your Bitcoin in case of loss of your private key. 

The Conio Bitcoin Wallet has a “tree structure”: with one single private key you can generate an 

 and related addresses to receive Bitcoin. The described structure is very important, since each Bitcoin transaction is public and using one single address for all transactions might be a very risky practice which may adversely affect your own privacy. With your Conio Bitcoin Wallet, the said problem no longer exists.

Unlike traditional digital Wallets, where you own a private key and from which public addresses are created to receive Bitcoin, our custody technology is built on a Multi-Sig 2/3-architecture.

What is Conio Bitcoin Wallet?

Below, it is presented a guide in which you can find 

all the information you need to buy Bitcoin

, together with the details and the general instructions to start using the App in the best possible way.

Download the App available for Android and iOS. Open the App and follow the steps to complete the registration process.

Write down in a secure place, preferably not linked to any internet network:

Once completed your profile and after receiving the confirmation email from us, you are ready to buy and sell Bitcoin.

How to buy through credit card or prepaid card 

When you choose to buy through credit or prepaid card, you just need to follow the steps below:

The credit or prepaid card must be on your name, otherwise the order will not be accepted. The amount entered cannot exceed your daily and yearly purchase availability, the latter details are always available in the App settings.

1. Enable purchases through wire transfer

Once completed your profile with your personal documents, you can access the advanced features, such as the option to purchase through wire transfer, through the section, “Profile”, “Security” and by clicking “Increase my availability”. You will be asked to complete a short questionnaire, pursuant to the V European Anti-money laundering Directive. It takes only a few minutes. The assessment of your questionnaire might take up to a few days and once received our confirmation, your availability will be increased, and you can buy Bitcoin also through wire transfer.

If you desire to buy through wire transfer, you just need to follow the steps below: 

The Wire transfer must be made from a bank account or from a prepaid card on your name, otherwise it will not be accepted. The amount entered cannot exceed your daily and yearly purchase availability, the latter details are always available in the App settings.

The wire transfer usually takes around 2 days to clear; you have also the option to make an 

instant wire transfer to receive your Bitcoin even faster

A guide in which you can find all the information you need to buy Bitcoin

How can I buy Bitcoin?

It is very important to take all the measures Conio offers to s

Don’t set a password too easy to remember and never set the same password you use for other services to access the Conio App. The password must have at least 8 characters, a capital letter, a lowercase and a number. Don’t set a password with your own personal information, or relating to your family, such as names, surnames, date of birth, and so on.

This system involves the use of a code valid only once that expires after a short period of time. Using the two-factor mechanism is the best way to secure your Bitcoin and to prevent unauthorized accesses, also in the event that you may lose your device and/or your credentials stolen. You should choose to active the two-factor authenticator, the relative code will be required for all the following operations:

The pin code is code made of 4 digits, personal and secret, that you can use to secure your Wallet and make sure that anyone can access the Wallet without your consent. By setting a Pin Code you will prevent anyone from using your device and accessing your Bitcoin account.

It is very important to take all the measures Conio offers to secure your Conio Bitcoin Wallet and the Bitcoin you own.

How can I protect my Wallet?

Our customer support is available to our clients and to those who desire to have more information about Conio and its services. Our customer support team is available 

. In order for us to provide the best assistance, we kindly ask you to specify in detail your request, also through sharing images, screeshot and any useful document. We don’t reply through bot nor through automatic replies, but all the requests are 

: for this reason, we appreciate good manners and respect for our team. In the event you need further information or receive updates on your request, we kindly ask you not to open a new request but using the existing ones.

You can contact us through the following channels:

Our customer support is available to our clients and to those who desire to have more information about Conio and its services.

Frequently asked questions.

Bitcoin