What is a paper wallet? Back to list

Member SinceJul 08, 2021

Posts 664

Kihn

Sep 21, 2022 a 12:25
A paper wallet contains a public and private key pair that can be used to conduct cryptocurrency transactions. It is commonly generated using a key generator program and printed on paper as two strings of characters and two Quick Response (QR) codes. A paper wallet is a non-custodial cold storage wallet, which means you have control over the keys and the wallet is not linked to the internet. While paper wallets were once thought to be one of the best ways to secure large amounts of cryptocurrency, other methods of cold storage have now surpassed them.

Add Comment

Add your comment