How To Use Bitcoin Paper Wallet

Creating a software wallet.

How to use bitcoin paper wallet. Sorry for all the quest. In this case you will be able to use bitcoins almost immediately. In order to use bitcoins from this paper wallet you don t need to wait for 3 weeks to synchronize with networks. Open the bitcoin core client application in mac steps will be the same for windows bitcoin core client. Mycelium on android or breadwallet on ios or electrum on pc.

Spending funds from a paper wallet is a three step process consisting of. You can use spv wallet e g. New video available https youtu be s2rygvixggi bitcoin paper wallet beginners tutorial. But you will need to move them to a digital wallet first before you can send them anywhere step 2. Spending funds from the software wallet.

To use bitcoin you don t need blockchain on your computer. Using private browser mode go to a bitcoin paper wallet creation site. As of right now i have all my bitcoin in coinbase pro previously know as gdax. You can use any bitcoin paper wallet generator online to get started. Ensure that the client is fully synced with the bitcoin blockchain.

This section shows how to use bitcoin core to import a paper wallet private key. There are a number of different bitcoin paper wallet generators you can choose from. For this tutorial we will use a popular paper wallet generator bitaddress. In some cases atms will also include an option to generate one. I just created a paper wallet from.

Write down your back up phrase on a piece of paper not on a computer. Creating a paper wallet. Blockchain is a fine wallet for spending small sums loaded onto a paper wallet but is a poor choice for long term storage of bitcoin. This receipt is called a paper wallet which you can learn more about on our digital wallet page. Importing the paper wallet into the software wallet.