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Author: Admin | 2025-04-28
With a focus on security and privacy, rather than on supporting a wide range of cryptocurrencies or facilitating their exchange and trading. Consequently, the answer is no; the Samourai wallet does not allow for the trading of cryptocurrencies within its interface. Users must acquire their Bitcoin from an external source and subsequently transfer it to the Samourai wallet. Pricing The Samourai wallet is completely free to download and utilize. Users incur no transaction fees from Samourai for sending Bitcoin to their wallet or for storing it. However, a nominal fee is applicable for outgoing transactions, which is in addition to the customizable mining fee. Furthermore, if users wish to access certain enhanced privacy features, there may be a small charge. For example, establishing a private payment channel between two wallets incurs a one-time fee of 0.00015 BTC, along with the standard miner fee at the time of connection. Additionally, for utilizing the ricochet feature, Samourai imposes a fee of 0.002 BTC for every four-hop ricochet transaction. Setup Instructions & Usage Initiating the use of the Samourai wallet is straightforward and efficient. The entire installation and setup process can be completed within minutes by following a few simple steps. Below are the instructions: Step 1: Download the Application On your Android device, access either the Google Play Store or the F-Droid repository to download and install the Samourai wallet application. Step 2: Establish Your Wallet Open the application and select the option to create a wallet. Initially, you will be prompted to establish a secure passphrase, which serves as an additional layer of protection prior to wallet creation. It is essential to document this passphrase on a piece of paper and keep it in a safe and secure location. Step 3: Configure Your PIN Code Input a PIN code consisting of
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