How to withdraw from paper wallet

Key Takeaways While many people believe that the risks of losing, misreading, or damaging a paper wallet outweigh the potential security benefits, it remains an option for storing your keys .11 Oca 2022

Here’s the short way for creating a paper wallet:

A paper wallet is the name given to an obsolete and unsafe method of storing bitcoin which was popular between 2011 and 2016. It works by having a single private key and bitcoin address, usually generated by a website, being printed out onto paper. This method has a large number of downsides and should not be used.11 Oca 2021

A paper wallet is a non-custodial cold storage wallet — meaning you control the keys yourself, and the wallet is not connected to the internet. While paper wallets were once considered one of the best ways to secure large holdings of cryptocurrency, other methods of cold storage are now the gold standard.