Bitcoin price is going up with every passing day
and this surge has made it essential for you to protect them. Since
cryptocurrencies come with serious security risks and you may lose all your
investments. The most recommended way to safeguard from any potential loss of your
coins is by storing them in a cold storage bitcoin paper wallet. A bitcoin
paper wallet contains public and private keys printed on a piece of paper. You
can create a free paper wallet and kick start storing coins offline. When you
are storing your bitcoins for a longer term, using a paper wallet ensures
maximum safety. Bitcoin wallets are created by using paper wallet generator
programs. They create random and unique private keys which you can then print
on paper. It is a popular option for long-term storage because of its low cost.
If you have some bitcoins in your normal wallet and want to move them to a
paper wallet, you will need to create a paper wallet and secure coins. With a
computer with an attached printer, you can generate a free paper wallet
address with QR codes. The address will have both a public and private
key-pair which never goes online until you’re ready to use it. Once your paper
wallet is ready you can print it out. After printing out your wallet, keep it
somewhere safe. If anyone steals it from you, there is no way to get back. The
process to generate a paper wallet and the private keys literally takes 30
seconds and you have your own paper wallet. You must store the paper wallet
somewhere secure, such as a fireproof place. If you're very serious about
storing your Bitcoins away from hackers then you have to create an ultra-secure
paper wallet by using advanced tools.
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