One of the most popular options for keeping your bitcoins safe is something called a paper wallet.Here we explain how to transfer all those digital coins into a physical paper form using just a printer.Note that in this guide we’ll be talking about bitcoin.However, the basic concepts apply to any other cryptocurrency; for example, litecoin.A bitcoin wallet consists of two ‘keys’.The one you’ll already likely be familiar with is the public key, which is your wallet address and is how other people send bitcoins to you.The other part of your bitcoin wallet is the private key.It is this that enables you to send bitcoins to other people.The combination of the recipient’s public key and your private key is what makes a cryptocurrency transaction possible.It is important to understand that, if anyone else obtains the private key of your wallet, they can withdraw your funds – this is why it’s absolutely essential that nobody else discovers it.So, if you keep your coins in either an online wallet, or a hard-drive-based software wallet, you are vulnerable to attacks by hackers or malware that can log your keystrokes.

Furthermore, a stolen PC or a hard-drive crash could also see you waving bye-bye to your digital treasure.Used with care, a paper wallet can protect you from these possibilities.A paper wallet is a document that contains copies of the public and private keys that make up a wallet.Often it will have QR codes, so that you can quickly scan them and add the keys into a software wallet to make a transaction.The benefit of a paper wallet is that the keys are not stored digitally anywhere, and are therefore not subject to cyber-attacks or hardware failures.The disadvantage of a paper wallet is that paper and ink can degrade, and paper is relatively fragile – it’s definitely worth keeping well away from fire and water for obvious reasons.Furthermore, if you lose a paper wallet, you’ll never be able to access the bitcoins sent to its address.Here are 10 steps needed to create a paper wallet: For users of the Blockchain.info website, there is also a basic paper wallet option too.Click on the ‘Import/Export’ option, and look for the ‘Paper wallet’ link on the left-hand menu.

This website offers a tamper-resistant design of paper wallet.It is also possible to order holographic labels to demonstrate that the wallet hasn’t been tampered with.It also supplies a live-boot Ubuntu CD with paper-wallet software pre-installed.ethereum anonymityGiven the implications and risks of storing large amounts of money, you may want to take serious precautions for how to go about creating your paper wallet and storing it afterwards.ransom in bitcoinTips for keeping your paper wallet safe If you want to create a paper wallet for a lesser-used currency that doesn’t have an address generator website, there is still a way to achieve this.litecoin ltc/usdWhat every alt-currency does have is a variation of the Bitcoin-Qt wallet application.bbc click bitcoin

The console will then display the private key of that wallet.You then have the public and private keys of the wallet.You can print these ‘as is’, or you can opt to generate QR codes to print.bitcoin exchange disappearsHowever, the wallet details will still exist in your computer.bitcoin mit amazon kaufenThe only way to remove them it is to open your file explorer in the ‘C:\Users\[YourUsername]\AppData\Roaming\[Wallet App Name]\’ folder and delete the ‘wallet.dat’ file.gia ca bitcoinNOTE: this will remove all addresses held in the software wallet, and you should make sure that there are no funds remaining in the other addresses you will be deleting.ethereum decentralizedNow you should be the proud owner of an unhackable paper wallet for your digital currency.bitcoin kardashian game

If a paper wallet is not for you, however, you could use your own mind with a brain wallet.For more options, please see our guide to storing bitcoin.Wallet, lock icons and printer images via ShutterstockTamper-evident stickers and the bootable CD are now 10% off.Plus, every order includes FREE SHIPPING to anywhere in the world, and a free limited edition sticker.Order here » Make Paper Wallets to Keep Your Bitcoin Addresses Safe.For long-term storage of bitcoins (or giving as gifts) it's not safe to store your bitcoins in an exchange or online wallet.These types of sites are regularly hacked.Even keeping a live wallet on your own computer can be risky.Be your own bank.By printing out your own tamper-resistant bitcoin wallets and generating your own addresses, you can minimize your exposure to hackers as well as untrustworthy people in your home or office.Just transfer your bitcoins into your new wallets, and use common sense to keep your wallets safe the way you would jewels and ordinary cash.

Or give them away!Custom Designs The Bitcoin Foundation contracted with BitcoinPaperWallet to design a limited edition commemorative paper wallet design for distribution at the 2014 IFCA convention.You can also provide your own JPG images to create one-of-a-kind personalized wallets.What's special about this design?But first read everything on this page since you should take some precautions to make sure your new wallets are secure.NEW: Litecoin & Dogecoin paper wallets, too!Video: How to make a paper bitcoin wallet Why trust this site?, the well established and most trustworthy open-source engine for generating addresses using your own browser's JavaScript engine.No crypto-code is run on this web server, and no addresses are transmitted over the Internet.BIP-38 encryption is fully supported as well.If you don't trust this service (or pseudorandom number generators in general) this wallet service lets you roll dice, shuffle cards, or supply your own "vanity keys".To be more secure, you should download this wallet generator from GitHub and run it offline, or even boot from this Ubuntu CD.

Canton Becker—who started this service in 2013—is easily reached for questions, Bitcoin business consultation, or custom designs at: Tel: (+1) 505.501.8091 trust page (login required) or read this endorsement by Andreas Antonopoulos.Wallets come in 12 different languages, as well as special Christmas and "red envelope" / Chinese New Year designs.Here's a PDF template for making an envelope for giving away Bitcoin for the holidays.Tri-Fold Template This bitcoin key generator guides you to print both a front side and a back side for your paper wallet.All sensitive details on the front side (the private key and QR code) are folded up and securely taped shut so as to stay hidden.For additional security, you can seal your wallets with the tamper-evident serialized hologram stickers available for purchase on this site—though any sufficiently opaque (light-blocking) tape will work fine.Tamper Resistant One risk with a paper wallet is that someone with physical access to your wallet may "sneak a peek" at the private key and withdraw your funds without your knowledge.