Worried about the security of your funds with all the recent Bitcoin developments? Want to keep them more secure and offline?
Paper wallets are simple ways to keep your coins offline and control your own private keys.
Here are the steps to do this:
To generate a bitcoin address you will need to go to BitAddress.org
First select how many addresses you would like and how many you would like printed per page. Then press 'generate'
CAUTION BEFORE YOU PRESS GENERATE
To ensure that your private keys stay private, take your computer offline before generating the addresses (As long as you have loaded the entire webpage online before key generation, you will be able to generate new addresses while disconnected from the internet)
For example, I will explain how to do this from coinbase.
Closing Words of Advice
Having a paper wallet is more secure than on an exchange. However there are a few things you must make sure to do to ensure it's security remains rock solid.
1 - DO NOT LOSE YOUR PAPER WALLET
2 - Do not leave your paper wallet in a vulnerable spot
If you have any questions please feel free to comment them below.