Coinsnap Wallet Get Started

Get Started with Coinsnap Wallet

Everything you need to start using Coinsnap Wallet — from creating your first wallet and receiving Bitcoin to managing Digital Dollars and accepting payments with the integrated Point of Sale.

Coinsnap Wallet is a self-custodial payment wallet for Bitcoin and Digital Dollars. Use it to send and receive money, pay with Bitcoin or USD stablecoins, or turn your smartphone or tablet into a Point of Sale for accepting customer payments.

Getting Started

Download the Coinsnap Wallet

Coinsnap Wallet is available for:

  • iPhone and iPad through the Apple App Store
  • Android smartphones and tablets through Google Play
  • Android devices as an APK

Also available: Android APK · iOS beta on TestFlight

Create Your First Wallet

After installing and opening Coinsnap Wallet, you will see two options:

Create New Wallet
Choose this if you are setting up Coinsnap Wallet for the first time.
I Already Have a Wallet
Choose this if you already have a Coinsnap Wallet and want to restore it.

If you are a new user, tap Create New Wallet.

Coinsnap Wallet start screen with the options Create New Wallet and I Already Have a Wallet
Coinsnap Wallet start screen. Create a new wallet or restore an existing wallet.

Name Your Wallet

The next step is to give your wallet a name. Choose a name that makes the wallet easy to recognize. For example, you could use your first name for everyday payments, or names such as:

  • Joe
  • Shop
  • Savings
  • Event

The name is for your own organization. You can create up to five wallets in the Coinsnap app, so different wallets can be used for different purposes.

For this guide, we will call our first wallet Joe.

Create and name a new wallet in Coinsnap Wallet
Name your first wallet. You can add up to four additional wallets later.

Using Your Wallet

Your Wallet Home Screen

After creating your first wallet, Coinsnap opens the Wallet Home Screen. At the top, you can see the name of the currently selected wallet. In our example, this is Joe.

Every Coinsnap wallet can contain both:

Bitcoin
Your Bitcoin balance, displayed in sats or your preferred display format.
Digital Dollars
Your USD balance held as supported USD stablecoins.

Use the Bitcoin / USD selector to switch between the two balances. The main wallet functions are:

  • Send — send Bitcoin or Digital Dollars.
  • Convert — convert between Bitcoin and Digital Dollars.
  • Receive — receive Bitcoin or Digital Dollars.

Your most recent transaction is displayed directly on the Wallet Home Screen. Select View All to see your transaction history. The QR button at the bottom can be used to scan a payment QR code.

Coinsnap Wallet Home Screen of the wallet Joe with Bitcoin/USD selector and Send, Convert and Receive
Wallet Home Screen. Switch between Bitcoin and USD and use Send, Convert or Receive.

Create and Manage Up to Five Wallets

Coinsnap Wallet lets you create up to five separate wallets in the same app. Each wallet can have its own:

  • name
  • Lightning Address
  • Bitcoin balance
  • Digital Dollar balance
  • Stable Balance setting

This allows you to separate funds for different purposes. For example:

Joe
everyday payments
Shop
customer payments
Savings
Bitcoin you want to keep
Event
payments received at an event

These are only examples. You decide how to organize your wallets.

Switch between wallets

Tap the wallet name at the top of the Wallet Home Screen to open Your wallets. The wallet overview shows your combined Bitcoin and Digital Dollar balances as well as your individual wallets.

Add another wallet

Select Manage wallets, or open Settings → Wallets → Add wallet. The app shows how many of your five wallet slots are still available.

Your wallets overview in Coinsnap Wallet with total balance and individual wallets
Your wallets. View your total balance and switch between individual wallets.
Manage wallets screen in Coinsnap Wallet with the option to add a wallet
Manage wallets. Add another wallet or change the settings of an existing wallet.

Manage an Individual Wallet

Each wallet has its own settings. Open Manage wallets and select the wallet you want to manage.

Wallet name

Change the name used to identify the wallet inside the app.

Lightning Address

Each wallet has its own Lightning Address. You can:

  • display its QR code
  • copy the address
  • share the address
  • change the Lightning Address
Coinsnap Wallet settings for wallet name, Lightning Address and Stable Balance
Individual wallet settings. Manage the wallet name, Lightning Address and automatic Bitcoin-to-USD conversion.

Stable Balance and Automatic Conversion

Stable Balance lets you decide what happens to new Bitcoin received by this particular wallet.

Auto-convert incoming Bitcoin disabled
Incoming Bitcoin remains Bitcoin.
Auto-convert incoming Bitcoin enabled
Newly received Bitcoin is automatically converted into Digital Dollars.

Bitcoin that you already hold remains unchanged.

The Stable Balance setting can be configured separately for each wallet. For example, one wallet can keep incoming payments in Bitcoin while another wallet automatically converts incoming payments into Digital Dollars.

Bitcoin and Digital Dollars

Every wallet in Coinsnap can contain both Bitcoin and Digital Dollars. You do not need separate apps or separate wallets for Bitcoin and USD. Both balances are available within the same wallet.

Your Bitcoin balance

Select Bitcoin at the top of the Wallet Home Screen to see your Bitcoin balance. In this example, the Joe wallet contains 375 sats. The approximate value in your selected local currency is displayed underneath.

Your Digital Dollar balance

Select USD to see the Digital Dollar balance of the same wallet. In this example, the Joe wallet contains $2.55. The approximate value in your selected local currency is displayed underneath.

Bitcoin balance of 375 sats in the Coinsnap wallet Joe
Bitcoin balance. This example wallet contains 375 sats.
Digital Dollar balance of $2.55 in the Coinsnap wallet Joe
Digital Dollar balance. Bitcoin and Digital Dollars are held within the same wallet.

Convert Between Bitcoin and Digital Dollars

Select Convert from the Wallet Home Screen to convert between Bitcoin and Digital Dollars. You can convert:

  • Bitcoin → Digital Dollars
  • Digital Dollars → Bitcoin

This allows you to decide how much of your balance you want to hold in Bitcoin and how much you want to hold in USD.

For merchants, this can reduce exposure to Bitcoin price volatility. Customer payments can be received in Bitcoin and converted into Digital Dollars instead of remaining exposed to changes in the Bitcoin exchange rate.

Coinsnap also supports automatic conversion through the Stable Balance setting of an individual wallet.

Convert screen in Coinsnap Wallet for converting between Bitcoin and Digital Dollars
Convert between Bitcoin and Digital Dollars.

Receive Bitcoin

Select Receive to receive Bitcoin. Coinsnap supports Bitcoin payments through different payment methods.

Lightning
Use your Lightning Address or QR code to receive Bitcoin quickly. You can also create a Lightning invoice for a specific amount and optionally add a note.
Bitcoin On-chain
Use your Bitcoin on-chain address when receiving Bitcoin through the Bitcoin blockchain. This can be useful when transferring Bitcoin from an exchange, hardware wallet or another Bitcoin wallet.
Spark
Coinsnap Wallet also supports Bitcoin payments through Spark.
Receive with Lightning in Coinsnap Wallet: QR code, Lightning Address and Amount / Note
Lightning: share your Lightning Address or QR code.
Receive Bitcoin on-chain in Coinsnap Wallet: QR code and Bitcoin address
On-chain: receive to your Bitcoin address.

Receive Digital Dollars

Coinsnap Wallet can receive supported USD stablecoins through Spark. Digital Dollars received by a wallet are shown under its USD balance.

Send Bitcoin or Digital Dollars

Select Send from the Wallet Home Screen to make a payment. You can enter or paste a payment address or scan a QR code.

Coinsnap automatically recognizes supported payment formats and routes the payment accordingly. Payments can be made from your Bitcoin balance or your Digital Dollar balance.

Send screen in Coinsnap Wallet: enter a Lightning address, Paycode or BTC address, paste from clipboard or scan a QR code
Enter or paste a payment address, or scan a QR code.

Security & Backup

Back Up Your Wallet

Coinsnap Wallet is self-custodial. You control your wallet and your recovery phrase. Coinsnap does not hold your funds for you.

For this reason, backing up your wallet is essential. If your phone is lost, damaged or replaced, your backup allows you to restore access to your wallet.

Coinsnap Wallet reminder to back up your wallet to protect your funds

Recovery Phrase

Your recovery phrase consists of 12 words. Write the words down in the correct order and store them somewhere safe.

Recovery Phrase screen in Coinsnap Wallet showing 12 example words
Your 12-word recovery phrase. Write it down in the correct order.

Cloud Backup and Biometrics

Cloud Backup

Coinsnap Wallet also provides an encrypted Cloud Backup option on supported devices. Backup options can be found under Settings → Security.

Biometrics

On supported devices, biometric protection such as Face ID or fingerprint authentication can be enabled to protect access to the app.

Wallet Settings

Open Settings from the menu to manage Coinsnap Wallet. The Settings page is divided into several areas.

Wallets
Manage the wallets stored in your app: add wallets, rename wallets, manage Lightning Addresses and configure Stable Balance individually for each wallet.
Security
Manage your Recovery Phrase and Cloud Backup.
Connections
Connect the app to Coinsnap merchant services. Merchant Account: connect your Coinsnap Merchant Account. Terminal: pair this device with a Point of Sale terminal.
Preferences
Configure Default View, Currency, Display Balance, Language and Biometrics.
Kiosk Mode
Turn the device into a restricted Point of Sale terminal for employees. See Kiosk Mode.
Coinsnap Wallet Settings: Wallets, Security and Connections
Coinsnap Wallet Settings: Preferences and Kiosk Mode
Coinsnap Wallet Settings. Manage wallets, security, merchant connections, preferences and Kiosk Mode.

Accept Payments

Accept Bitcoin Payments with Coinsnap Point of Sale

Coinsnap Wallet includes an integrated Point of Sale for merchants. It can be used by:

  • shops
  • cafés
  • restaurants
  • service businesses
  • market stalls
  • events
  • other physical sales locations

You do not need a separate Point of Sale app. Your smartphone, tablet or compatible POS device can become your Bitcoin payment terminal.

Accept a simple payment

Enter the amount at the Point of Sale and show the generated payment QR code to the customer. The customer scans the QR code and completes the payment.

Coinsnap Point of Sale keypad with an amount of 1.50 euros and Create Invoice button
Point of Sale keypad. Enter the amount and create the payment QR code.

Connect Your Coinsnap Merchant Account

Additional Point of Sale functions are available when the app is connected to a Coinsnap Merchant Account. Open Settings → Connections → Merchant Account and connect the app to your Coinsnap Merchant Account.

A Merchant Account enables you to manage your business environment, Point of Sale locations, terminals, orders and reporting.

If you already use Coinsnap for an online shop, payment links or other Coinsnap payment solutions, Coinsnap Wallet can also be used as a settlement destination for your Coinsnap payments.

Product Catalog

Create products with predefined names and prices for faster checkout. Instead of manually entering the amount for every sale, employees can select products from the catalog and add them to the customer's basket.

This is particularly useful for cafés, restaurants, shops and events.

Coinsnap Point of Sale product catalog with products added to the basket
Product Catalog. Select products and add them to the basket.

Bitcoin Discounts

Coinsnap Point of Sale lets merchants offer customers a discount for paying with Bitcoin. Configure the Bitcoin discount for your Point of Sale. When applicable, the discount is included directly in the checkout process.

Point of Sale payment settings in Coinsnap with Bitcoin Discount type and value
Bitcoin Discount in the Point of Sale payment settings.

Tips

Coinsnap Point of Sale can allow customers to add a tip during checkout. Tip options can be configured for the Point of Sale and presented to the customer before payment.

Coinsnap Point of Sale tip screen with percentage and round-up options
Tip options presented to the customer before payment.

Terminals and Employees

A Point of Sale can have multiple terminals. A terminal represents an individual checkout or payment location. Examples:

  • Main Register
  • Bar
  • Entrance
  • Merchandise
  • Counter 1
  • Counter 2

This allows payments and orders to be assigned to the correct terminal while the merchant maintains central control through the Coinsnap Merchant Account.

A smartphone, tablet or compatible POS device can be paired with a terminal and used by an employee to accept customer payments.

Edit Terminal screen in Coinsnap with paired devices, terminal name and linked Point of Sale
Set up a terminal and pair devices.
Employee Terminal screen in Coinsnap Wallet for connecting a device with a pairing code
Employee device: connect with a pairing code.

Kiosk Mode

Coinsnap Kiosk Mode turns a smartphone, tablet, iPad or Android POS device into a dedicated Bitcoin payment terminal for employees.

In Kiosk Mode, employees can use the assigned Point of Sale while access to the wallet, balances, settings and merchant administration remains protected.

Kiosk Mode is useful when a merchant wants to provide a payment device to:

  • cashiers
  • waiters
  • shop employees
  • temporary event staff

Kiosk Mode requires a connected Coinsnap Merchant Account and an existing Point of Sale terminal. A PIN protects access when leaving Kiosk Mode.

Learn how to set up Coinsnap Kiosk Mode

Coinsnap Kiosk Mode for a dedicated employee Point of Sale terminal

Transactions & Reporting

Transactions and Orders

Coinsnap keeps your payments and orders organized. The transaction overview lets you review wallet activity, while the merchant tools provide information about Point of Sale orders and customer payments.

For individual transactions, detailed payment information can be reviewed where available.

Transaction details in the Coinsnap backend with general payment information
Transaction detail in the Coinsnap backend.
Today's orders overview in the Coinsnap Point of Sale
Order overview in the Point of Sale.

Reporting and Accounting

Merchants can use the Coinsnap backend to review sales and payment activity. Coinsnap provides payment reporting and transaction data that can be used for bookkeeping and accounting workflows.

Depending on the available reporting view, merchants can review sales, orders and payment details and export transaction information for further processing.

Coinsnap backend dashboard with sales and payment statistics
Dashboard in the Coinsnap backend.
Coinsnap accounting export of transactions
Accounting export.

Fees

Bitcoin payments can involve network fees, which depend on the payment method and on current network conditions — for example, on-chain transactions require a Bitcoin network fee.

Help & How-to Guides

Quick Overview

Coinsnap Wallet features at a glance
FeatureCoinsnap Wallet
BitcoinSend, receive, hold and pay
Digital DollarsSend, receive, hold and pay
Bitcoin ↔ USD conversionYes
Automatic conversionConfigurable per wallet
WalletsUp to 5
Wallet namesCustom
Lightning AddressIndividual per wallet
Self-custodyYes
Recovery Phrase12 words
Point of SaleIntegrated
Product CatalogYes
Bitcoin DiscountsYes
TipsYes
Multiple POS TerminalsYes
Kiosk ModeYes, with Merchant Account
Payment ReportingYes

Frequently Asked Questions

Find short answers to common questions about Coinsnap Wallet, Bitcoin, Digital Dollars, backups and Point of Sale.

Coinsnap Wallet FAQ

How-to Guides

For functions that require more detailed setup, use our step-by-step guides.

Download Coinsnap Wallet

Install the app, create your first wallet and start receiving Bitcoin and Digital Dollars. Learn more about Coinsnap Wallet.

Also available: Android APK · iOS beta on TestFlight