wallet security

marc asked 1 year ago

when you go to all that to get a paper wallet offline etc. the moment you use an exchange to scan the paper wallet to buy or sell does it not then become coprimised

1 Answers
Zsofia Elek answered 1 year ago

Hi Marc,
This is a good question. We have created an article how to use paper wallets safely, I suggest read this one. You can only import the full amount of your paper wallet, so once that is done, and you’ve imported the private key the paper wallet becomes useless. 

Bitcoin Video Crash Course 

Dummy-proof explainer videos enjoyed by over 100,000 students. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.