A paper wallet is a paper copy of your public and private key for your Bitcoins. If you’re serious about securing your Bitcoins go for a hardware wallet like the Ledger Nano S, but if you’re looking for something free and easy to use, paper wallets are a good choice. Creating a paper wallet is very easy. For this guide, we will be using the bitaddress.org website. The website is straight-forward and easy to use. First, open up the website and scroll down to the “Paper Wallet” section. Next, select how many Bitcoin addresses you want to generate. For this guide, we will just be generating one. You will then be given your private and public keys. You will also be given a QR code for each key. The next step is to print out your wallet. You can do this by clicking on the “Paper Wallet” tab, selecting the “Paper Wallet” option, and then clicking on the “Print” button. Once you have printed out your wallet, you will need to store it in a safe place. You can do this by storing it in a fireproof safe, locking it up in a safe deposit box, or hiding it in a secure location in your home. The last step is to send Bitcoins to your paper wallet. To do this, you will need to use a Bitcoin wallet that supports importing of private keys. We recommend using the Blockchain.info wallet. Once you have imported your paper wallet into your Blockchain.info wallet, you will need to go to the “Send Money” tab, enter in the amount of Bitcoins you want to send, and then specify the paper wallet address as the recipient. And that’s it! You’ve now successfully created and used a paper wallet.
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