Does bitcoin work offline?

Key Takeaways Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet , but hot wallets are still convenient for some users.

Delivering bitcoin transaction data to miners requires internet-enabled devices. As a digital currency, you cannot buy, sell or exchange bitcoin without the internet . As such, even a single day without internet access could cost bitcoin miners, exchanges, and traders millions.

Go to File -> New/Restore , create a new wallet (let’s call it “online”), choose the wallet type and select “Use public or private keys”. Paste the master public key from the offline wallet into the form and click “Next”. A new watch-only wallet with all the offline wallet’s addresses will be created.