A paper wallet is a printed piece of paper that contains keys and QR codes that you can use to facilitate cryptocurrency transactions.
A paper wallet is a physical document serving as your cryptocurrency wallet. Think of it as a non-custodial cold storage solution, meaning it remains offline.
Despite a decline in popularity, paper wallets continue to serve as a legitimate method for safeguarding digital assets.
A paper wallet provides an excellent alternative to hardware wallets for cold storage, but it has its own set of issues.
These wallets are considered one of the most secure methods for storing cryptocurrency, provided that the physical paper wallet is kept secure.
Preserve your paper wallet by laminating it to prevent tearing or fading caused by environmental factors.
Paper wallets, once a widely favored method for cryptocurrency storage, have become outdated and less practical compared to more contemporary solutions.