How to Create a Paper Bitcoin Wallet in 5 Easy Steps
Tuesday,08/05/2018|05:40GMTby
Bogdan Kagan
Learn what a paper wallet is and how to use one.
Finance Magnates
What is a Paper Wallet?
A Bitcoin paper wallet is essentially a public and Private Key which are printed together. This wallet is a piece of paper that stores your funds offline in "cold storage" (extra-secure storage which does not come into contact with the hackable internet).
As suggested by the name, paper wallets are typically made out of paper, although they could also be made of any other material on which information can be printed for a given length of time.
The paper wallet doesn’t store your money in the same way that a real-world wallet would do. Instead, it saves your public and private keys which are what you need to be able to send and receive money.
A sample paper wallet. The QR codes are scanned to access the funds.
Benefits and Drawbacks: Is a Paper Wallet Right for Me?
Obviously, there are alternative methods to look after one’s cryptocurrency, with online wallets being the simplest and most effective alternative. The problem with online wallets is that you’re simply storing your key online on a server, which leaves you exposed to hacking. While desktop or mobile wallets can ease the worries in this sense, their problem lies in the fact that viruses and malware can quite easily penetrate these devices, thus creating security issues as well.
If you were to stay in the offline realm, an alternative could be found by looking at hardware wallets. These can come in various forms, but commonly can be found in the form of USB sticks or external hard drives. These do require you to trust the company producing the wallets as they can potentially be logged. For this reason, used hardware wallets are clearly ones to avoid.
Paper wallets, however, are particularly useful when it comes to security. They offer you complete control, as you are the one in charge of the paper. There is no exposure to hackers, malware, or hardware that can be compromised. If you have a particularly large amount of coins, this method is potentially the most secure one. On top of this, this method is inexpensive, so you will not have to look to spend vast quantities on security.
However, there are certain risks to consider. First off, the most obvious problem is the fact that, ultimately these wallets are based on paper. This means it can quite easily be lost or damaged, so taking extra care of it is essential.
On top of this, it can be stolen by an individual, who will have access to all your funds if he does manage to somehow capture the wallet. If no backup is made, it can be quite simple to lose this paper, at which point your funds are lost as well.
The Process: Creating and Printing My Paper Bitcoin Wallet
Step 1: Find a computer free from malicious software (a new computer would be ideal, though this may not always be possible).
Step 3: Download the files on the site. Once downloaded, ensure that your internet is switched off to ensure there is reduced opportunity for hacking.
Step 4: Open the programme. Generate your wallet by hovering around the highlighted text until the count reaches zero.
Step 5: Your number should be generated, print off the paper (making sure your printer is not connected to wifi in this instance), delete the web page, and store your printed wallet in a secure location.
Securing My Paper Wallet
The private key to your paper wallet is of utmost importance. You must guard it with your life, in the most secure way possible. If it is lost, your money is lost as well, and there’s no way around it. Anyone with the key can access the funds so it must be kept in the most secure location. If you have a safe, keep it there.
That being said, it is also important to have backups, just in case something should go wrong. Have these backups scattered over multiple secure locations to ensure that nothing can go wrong.
In Conclusion…
Offline storage is an essential part of security in an environment where it is extremely easy to be hacked. If you follow the security steps then you’re cryptocurrency is much more likely to be secure. While no method is foolproof, if you take the right precautions, the risk of losing your funds can be minimized to a great degree, allowing you for a more sound mind and more relaxed attitude.
What is a Paper Wallet?
A Bitcoin paper wallet is essentially a public and Private Key which are printed together. This wallet is a piece of paper that stores your funds offline in "cold storage" (extra-secure storage which does not come into contact with the hackable internet).
As suggested by the name, paper wallets are typically made out of paper, although they could also be made of any other material on which information can be printed for a given length of time.
The paper wallet doesn’t store your money in the same way that a real-world wallet would do. Instead, it saves your public and private keys which are what you need to be able to send and receive money.
A sample paper wallet. The QR codes are scanned to access the funds.
Benefits and Drawbacks: Is a Paper Wallet Right for Me?
Obviously, there are alternative methods to look after one’s cryptocurrency, with online wallets being the simplest and most effective alternative. The problem with online wallets is that you’re simply storing your key online on a server, which leaves you exposed to hacking. While desktop or mobile wallets can ease the worries in this sense, their problem lies in the fact that viruses and malware can quite easily penetrate these devices, thus creating security issues as well.
If you were to stay in the offline realm, an alternative could be found by looking at hardware wallets. These can come in various forms, but commonly can be found in the form of USB sticks or external hard drives. These do require you to trust the company producing the wallets as they can potentially be logged. For this reason, used hardware wallets are clearly ones to avoid.
Paper wallets, however, are particularly useful when it comes to security. They offer you complete control, as you are the one in charge of the paper. There is no exposure to hackers, malware, or hardware that can be compromised. If you have a particularly large amount of coins, this method is potentially the most secure one. On top of this, this method is inexpensive, so you will not have to look to spend vast quantities on security.
However, there are certain risks to consider. First off, the most obvious problem is the fact that, ultimately these wallets are based on paper. This means it can quite easily be lost or damaged, so taking extra care of it is essential.
On top of this, it can be stolen by an individual, who will have access to all your funds if he does manage to somehow capture the wallet. If no backup is made, it can be quite simple to lose this paper, at which point your funds are lost as well.
The Process: Creating and Printing My Paper Bitcoin Wallet
Step 1: Find a computer free from malicious software (a new computer would be ideal, though this may not always be possible).
Step 3: Download the files on the site. Once downloaded, ensure that your internet is switched off to ensure there is reduced opportunity for hacking.
Step 4: Open the programme. Generate your wallet by hovering around the highlighted text until the count reaches zero.
Step 5: Your number should be generated, print off the paper (making sure your printer is not connected to wifi in this instance), delete the web page, and store your printed wallet in a secure location.
Securing My Paper Wallet
The private key to your paper wallet is of utmost importance. You must guard it with your life, in the most secure way possible. If it is lost, your money is lost as well, and there’s no way around it. Anyone with the key can access the funds so it must be kept in the most secure location. If you have a safe, keep it there.
That being said, it is also important to have backups, just in case something should go wrong. Have these backups scattered over multiple secure locations to ensure that nothing can go wrong.
In Conclusion…
Offline storage is an essential part of security in an environment where it is extremely easy to be hacked. If you follow the security steps then you’re cryptocurrency is much more likely to be secure. While no method is foolproof, if you take the right precautions, the risk of losing your funds can be minimized to a great degree, allowing you for a more sound mind and more relaxed attitude.
Dormant Silk Road-Linked Crypto Wallets Come Back to Life With $3M in Bitcoin Transfers
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
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Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
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In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official