How to make a Paper Wallet
Generate new address
Click on the tab "Paper Wallet" and hit the "Generate new address" button.
Print the Paper Wallet
Click on "Print" button on the top right corner of the page to print out your Paper Wallet. Never save the page as a PDF file to print it later since a file is more likely to be hacked than a piece of paper.
Fold the Paper Wallet
Fold your new Paper Wallet following the lines.
You can insert one side inside the other to lock the wallet.
Share your public address
Use your public address to receive money from other crypto-currency users. You can share your public address as much as you want.
Keep your private key secret
The private key is literally the keys to your coins, if someone was to obtain it, they could withdraw the funds currently in the wallet, and any funds that might be deposited in that wallet.
Please test spending a small amount before receiving any large payments.
Frequently asked questions
We make every effort to make the Paper Wallet as safe as possible. The core of the tool that generates the keys is very similar to the well reviewed bitaddress.org.
No security or encryption method can be guaranteed to protect information from hackers or human error, no computer security system is entirely foolproof and the Internet is not a secure method of transmitting information.
Make sure you use the web wallet from a secure device, using a secure internet connection and check if the webconnection is over HTTPS!
The risk of loss in using and/or holding virtual currencies can be substantial. Therefore, you should carefully evaluate whether you can bear the risk of using and/or holding virtual currencies and whether it is suitable for you.
Virtual currencies, digital assets & cryptocurrencies are volatile in nature as well regulation varies from country to country.
This product and website is provided AS-IS, without warranty, use at your own risk.
Once you have generated and printed a Paper Wallet at paperwallet.reddcoin.org, you can send coins to the public address just like any digital wallet.
Make sure you store your Paper Wallet securely, it contains everything that is needed to spend your funds.
If your Paper Wallet is damaged, stolen or lost we will be unable to locate or return your funds. NEVER share your private key with anyone!
Offline storage of cryptocurrency can be done in multiple ways, for example a Hardware wallet (like Ledger or Trezor) or a Paper Wallet, both with their own advantages.
Always make sure you pick the solution that best fits your needs, Hardware wallets are generally more secure.
Also make sure you store your Paper Wallet in a safe place and NEVER share your private keys.
Some advantages of using a Paper Wallet can be:
- They are not subject to malwares, keyloggers & computer hacks
- You don’t rely on a third party’s honesty or capacity to protect your coins
- You won't lose your coins when your device breaks
- Great way to share Reddcoins as a gift
You will need to import your private key in a real client wallet, the official Reddcoin desktop wallet can be downloaded from Reddcoin.com.
The coins stored on your Paper Wallet can be imported using the command “importprivkey [yourprivatekey]“ (without quotes and brackets) in the "Help" -> "Debug" -> "Console".
If you are using another client wallet, the exact method of importing might be different, make sure you familiarize yourself with all features and commands of that specific client wallet before trying to import.