Saturday, 25 February 2017

How To Make A Bitcoin Paper Wallet

So what and why would you want a Bitcoin paper wallet? A Bitcoin paper wallet is the ultimate secure way to store you Bitcoin, there is no digital element everything is completely offline and completely safe. Many people tend to do both, secure there digital wallet and also make a paper back up just for safe keeping.

So how can I make a paper wallet?

  1. To generate a new bitcoin address, open in your browser (or for litecoin).
  2. BitAddress (but not LiteAddress) will ask you to create some randomness by either randomly typing characters into the form or moving your cursor around.
  3. You will be presented with your public and private keys and their respective QR codes. Do not scan these.
  4. Click the Paper wallet tab.
  5. Select the number of addresses to generate.
  6. If you dont wish to keep the bitcoin artwork, click the Hide art? button.
  7. Click the Generate button to create new wallets.
  8. Once the wallets are generated, click the Print button to make a hard copy.
  9. Your browser will ask you to select the printer you wish to use. In the case of Google Chrome, you may also save the page as a PDF file.
  10. Make a note of the public addresses, or scan the public address QR code in your bitcoin (or litecoin) app and start depositing funds.
You can also create a paper wallet on the website which many of you may be familiar with

No comments:

Post a Comment