How to Make a Paper Bitcoin Wallet

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If you don't have a Blockchain. Once you have done that, go into your Account settings. On the left side of the page, under Account Informationyou will see Personal. Click on it, then enter an email address, an alias, and verify your phone number. The alias allows you to login with something memorable, rather than the long default string of characters.

You can use something simple like your full name. Under Personalyou will see General. Click on it, and set an inactivity logout time I use 30 minutesand set your Blockchain paper wallet safe Fee Policy to normal, or generous. Under Generalyou will see Display. Click on it, and set your local currency.

You can change the other settings if you like too. Under Displayyou will see Notifications. Click on it, and change the settings to whatever you want. Under Notificationsyou will see Passwords.

Write down your mnemonic; keep it safe. Now choose a second password. Make it something you will never forget. Write it blockchain paper wallet safe keep it safe. Also, fill in a password hint. Should you leave your browser open while you're still logged in, the secondary password you entered will prevent someone from sending coins out of your account. It does this by prompting you for a second password anytime you try to send coins.

Congratulations, your account is now blockchain paper wallet safe safer; however, there is one more security measure you can take to make your account virtually unhackable. It is called Two Factor Authentication. Two-factor authentication is a security process in which the user provides two means of identification, one of which is typically a physical token, such as a card, and the other of which is typically something memorized, such as a security code.

In this context, the two factors involved are sometimes spoken of as something you have and something you know. A common example of two-factor authentication is a bank card: Moving on, under Passwordsyou will see Security. Click on it, and then select an option from the drop down menu. We highly recommend either using a Yubikey, or Google Authenticator. Because Google Authenticator is the quickest and easiest to set up, I'm going to use it as an example.

Once you have done this, go back to your computer, and in the Security settings, choose Google Authenticator from the drop down menu. A large QR code will be displayed. Open the Google Authenticator app on your smartphone and choose Scan a barcode. Then scan the barcode displayed on your computer's screen. After scanning the QR code, the app will display a 6 digit code blockchain paper wallet safe changes every 30 seconds.

Enter this into the box below the QR code on your computer screen. Congratulations, because an attacker would need to know your main password, your secondary password, AND have access to your smartphone in order to blockchain paper wallet safe your authenticator code, your account is now virtually unhackable!

ATM s What is bitcoin? Frequently Asked Questions What is Bitcoin? How do I set up my first Bitcoin wallet? Blockchain paper wallet safe do I import a paper wallet? How do I secure my wallet? Two-factor Authentication Two-factor authentication is a security process in which the user provides two means of identification, one of which is typically a physical token, such as a card, and the other blockchain paper wallet safe which is typically something memorized, such as a security code.

Google Authenticator Because Google Authenticator is the quickest and easiest to set up, I'm going to use it as an blockchain paper wallet safe. ATM What is Bitcoin?

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There are many ways to buy Bitcoin. Two semi-reliable companies at this time are Xapo http: The process will involve uploading your personal identification State ID, Passport, etc. Verify their reputation on Reddit before making a large purchase. Xapo should be faster than Coinbase.

Coinbase also allows small "instant" buys via a debit card but adds a large fee for this option. Once you have purchased Bitcoin, you are ready to convert it to Monero! Download the paper wallet generator at: Unzip and open the paper wallet generator monero-wallet-generator.

Monero Public Address The public address is used to receive funds to the wallet. You give this to anyone who will be sending funds to your wallet. Monero Mnemonic Seed The mnemonic seed is a method of storing the entire wallet that is easily recognizable to humans.

This is all you need to restore your wallet at a later date. Monero Private View Key The private view key is to view transactions entering the wallet. Commonly this is used to setup a view-only wallet which can see incoming transactions live on the blockchain as they are sent to a cold storage wallet. At this point you have many options.

Most likely you will want at least two or three copies, stored securely in different locations. If storing digitally, encrypt everything with a strong password. If storing on paper, do not show the wallet to anyone else who can memorize your 25 word key, or take a picture of the wallet without your permission. Sending someone a picture of the wallet is the same as giving away all of your funds. Whichever method you chose, be sure there's no copy of the Monero wallet left over on the device you used.

You may need to securely delete the Monero wallet if you saved it to a disk, or make sure your printer does not save a copy in memory. You wont be able to recover them! Option to encrypt an XMR mnemonic seed: Switch to your internet connected computer and go to www.

Choose "Deposit Bitcoin" and "Receive Monero" quick. But wait, since your Monero Public Address is on an airgapped computer right? Refund Address Bitcoin Public Address you can receive funds at Enter a Bitcoin address that you control where a refund can be sent in case there's a problem with the transaction.

It's very important that you enter a Bitcoin Public Address you control or can receive funds at. At Xapo and Coinbase this is called a Receive Address and it may change periodically. Go to your Xapo or Circle account, and find a Transfer or Send button. Paste the Bitcoin Deposit address into the Destination field and enter the amount of bitcoin you would like to have converted to Monero. Press Send and authorize the transaction, if required.

This may be minutes or hours. You can check if the payment has been sent by looking up the Shapeshift. Your transaction to Shapeshift. When your Bitcoin transaction has been confirmed, Shapeshift.

This can take minutes to hours. If there's an issue, contact Shapeshift. They have good support. Because the Monero blockchain is private and untraceable, you won't be able to lookup your Monero Public Address and confirm that the funds have arrived like you might with Bitcoin. This is good for privacy, but bad for convenience. To securely verify the funds have arrived at your wallet, you will need to setup a View Only wallet.

This is where that view-key comes in. To create a view-only wallet see the entry: To verify the funds are still in your wallet and have not been spent you need to create a Cold Wallet with your mnemonic key all your funds on an airgapped computer with an up-to-date copy of the Monero Blockchain. When finished you will have to securely erase the wallet or connect it to the internet and it becomes a Hot Wallet.

Team Hangouts Sponsorships Merchants. How to purchase Monero and securely store it. This is a guide to purchase and securely store Monero as of June Buy Bitcoin There are many ways to buy Bitcoin. Download and create a Paper Wallet on a secure and air-gapped computer.

Your paper wallet will have four important items: Monero Private Spend Key The private spend key is used to send funds from the wallet. Convert your Bitcoin to Monero and have it sent to your Monero Paper Wallet Switch to your internet connected computer and go to www. Agree to the Terms and hit the slider to make this a "Reusable Address". Notes and How to Verify Funds Because the Monero blockchain is private and untraceable, you won't be able to lookup your Monero Public Address and confirm that the funds have arrived like you might with Bitcoin.

View Only Wallets To verify the funds are still in your wallet and have not been spent you need to create a Cold Wallet with your mnemonic key all your funds on an airgapped computer with an up-to-date copy of the Monero Blockchain.