Bitcoin users are assigned private keys, which allows access to their bitcoins. Hackers can infiltrate wallets and steal bitcoins if they know a user’s private key .
Read moreWhat is the safest wallet to store Bitcoin?
Perhaps the most secure way to store cryptocurrency offline is via a paper wallet . A paper wallet is a cold wallet that you can generate off of certain websites. It then produces both public and private keys that you print out on a piece of paper.
Read moreCan someone access my Bitcoin wallet?
It is not possible to steal digital currency with a public address alone. The only way someone could access your funds would be if they had access to your Coinbase account, or in the case of a non-hosted wallet, your private key .
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