How to create a paperwallet

11/05/2024 15:43 GUIDELINES

Let's say I want to store BTC for a very long time, without interacting with it, I could opt for a less practical solution than a hardware wallet, but theoretically even more secure, namely the PAPER wallet.


**HOW TO CREATE A PAPER WALLET**


**Step 1: Download #Electrum**

1. **Visit the official website**: Go to [electrum.org](https://electrum.org/).

2. **Download the software**: Make sure to download the latest version compatible with your operating system.

3. **Install Electrum**: Follow the instructions to install the software on your computer.


**Step 2: Create a New #Wallet**

1. **Launch Electrum**: After installation, start the program.

2. **Create a new wallet**: Select "File" > "New/Restore" and name your wallet.

3. **Choose the type of wallet**: Select "Standard wallet".

4. **Select 'Create a new seed'**: This will generate a new keyword sequence (seed).


**Step 3: Note the #Seed**

1. **Note the seed**: Electrum will show you a 12-word seed.

It is crucial that you write it down on paper. This seed is the only way to recover your wallet if you lose access to your computer.

2. **Confirm the seed**: You will need to re-enter the seed to verify that you have written it correctly.


**Step 4: Set a Password**

1. **Create a password**: This step is optional but recommended to protect your wallet with a password.


**Step 5: Generate the Bitcoin Address**

1. **Receive the Bitcoin address**: Once the wallet is set up, go to "Receive" to view your Bitcoin address. This is the address where Bitcoins will be sent.


**Step 6: write the #PaperWallet by hand.

1. write the the seed and Bitcoin address in a paper or other physical support


**Step 7: Transfer the #btc to the Paper Wallet**

1. **Send Bitcoin to the address**: Use an exchange or another wallet to send Bitcoin to the address of your paper wallet.


**Final Considerations**

- **Security**: The paper wallet should be kept safe as if it were cash.


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