How to make a Bitcoin Paper Wallet

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BTC Sessions

BTC Sessions

8 жыл бұрын

In this video I show you how to use Bitaddress.org to create a Bitcoin paper wallet to store your funds safely offline.
NOTE - To have the highest level of security possible, this would be done on a computer that has never and will never connect to the internet. This minimizes the odds that any sort of malware could be installed on your system and gain access to your private keys. As always, please exercise caution and use this or any other security method at your own risk!
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Пікірлер: 698
@BTCSessions
@BTCSessions 4 жыл бұрын
My all-encompassing guide to starting with Bitcoin: www.btcsessions.ca/post/how-to-buy-sell-and-use-bitcoin-in-canada Buy Bitcoin in Canada on Coinberry and get $20 after your first $50 purchase app.coinberry.com/invite/c5d52730857 Get the Ledger Backup Pack - Includes Ledger Nano X & S shop.ledger.com/products/ledger-backup-pack?r=faca Coldcard Bitcoin Hardware Wallet - Get 5% off t.co/UIEiV9vnto?amp=1 NordVPN helps with your internet privacy - Get 70% off nordvpn.org/btcsessions LEDN offers Bitcoin backed loans - Sign up and get $50 free platform.ledn.io/join/0a00cca3dd61dea5909c95cd41f41685
@dorcasbill5966
@dorcasbill5966 4 жыл бұрын
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@iamwisecrowtarot8373
@iamwisecrowtarot8373 5 жыл бұрын
I just started with bitcoins. It nice to have a Canadian showing this. Thanks
@Degrees-qe5gk
@Degrees-qe5gk 5 жыл бұрын
Still after 3 years, just as useful, thank you for explaining it so easily!
@ZolalAlvi
@ZolalAlvi 6 жыл бұрын
I like videos this small, informative and point to point. Thanks BTC Session. Most you tubers don't understand that nobody is interested in there trash talking. Keep up the good work.
@JonnyMarshall5
@JonnyMarshall5 7 жыл бұрын
Your videos are super easy to understand. Thanks so much for making them.
@BTCSessions
@BTCSessions 7 жыл бұрын
No problem! I'm glad you find them helpful :)
@JonnyMarshall5
@JonnyMarshall5 7 жыл бұрын
Do you know if there's a way to receive funds from a paper wallet without totally sweeping it? Or do you have to take the full amount using this cold storage technique? Thanks a lot.
@BTCSessions
@BTCSessions 7 жыл бұрын
Technically you can access a paper wallet and send a specific amount from it. The Mycelium wallet gives you this option when you sweep this way. However I would highly recommend about this. A paper wallet is secure because the private key that allows you to spend the funds has never been online (assuming you've created it correctly). As soon as you scan your private key to spend from a paper wallet, it is only as secure as the device you've scanned it with. That means if your phone is compromised, someone could essentially clear out any BTC you leave on that paper wallet. Since creating paper wallets is free, I would recommend clearing the paper wallet to something like copay or mycelium, then sending the funds you'd like to keep in savings to a brand new paper wallet.
@JonnyMarshall5
@JonnyMarshall5 7 жыл бұрын
Ah ok that makes a lot of sense. But they would presumably have to compromise the phone, and also have access to the paper wallet itself? Or does the fact that the private key has been entered and the 'Spend' QR scanned on the phone mean that just the phone would be enough to clear out the wallet? Thanks again for your helpful explanations!
@BTCSessions
@BTCSessions 7 жыл бұрын
You're right on second count - once they have access to the phone, the fact that you've scanned the wallet once means they would then have seen and been able to clear the rest of the funds. No problem! Glad I could help.
@jeremiahgazsi8579
@jeremiahgazsi8579 7 жыл бұрын
Also make sure any printer you print your paper wallet on has never been connected to the Internet and is offline. Otherwise, a virus running on the printer will be looking for your private keys.
@BTCSessions
@BTCSessions 7 жыл бұрын
Yes, 100% right. Any internet connected device could be vulnerable.
@karmaindustrie
@karmaindustrie 7 жыл бұрын
i have no printer. so i need a printer if i want a paper wallet and keep it away from the internet? ... what about "copy shop" ? ... obvious outrageous ?
@cubicearth
@cubicearth 6 жыл бұрын
You use a pen and paper to write down the private key.
@WayneJohnsonZastil
@WayneJohnsonZastil 6 жыл бұрын
Or use typewriter lol
@karmaindustrie
@karmaindustrie 6 жыл бұрын
the error rate is too damn high!
@nevrgvp6935
@nevrgvp6935 7 жыл бұрын
Bravo! i finally found a clear demonstration on how it's done thanks for the clearity ... HAPPY BTC TO YOU.
@joshsboringlife
@joshsboringlife 6 жыл бұрын
Educating myself and getting ready to begin investing in crypto, thank you much for this video!
@jsteele2923
@jsteele2923 6 жыл бұрын
EASIEST BITCOIN VIDEO I HAVE EVER WATCHED! THANK YOU FROM THE CRYPTO COMMUNITY FOR THE WONDERFUL AND COLORFUL VIDEO PRODUCTION. CAN'T SAY ENOUGH. WAS SO IMPRESSED THAT THIS IS MY FIRST COMMENT SINCE EDUCATING MYSELF ON CRYPTO. LOVED IT!
@Walter-ol6gd
@Walter-ol6gd 7 жыл бұрын
Probably the single best tip anyone could get about bitcoin !! Thanks my dude !!
@BTCSessions
@BTCSessions 7 жыл бұрын
No problem! Glad I could help :)
@lalitdewangan2870
@lalitdewangan2870 6 жыл бұрын
best technique...specially password protection in papper wallet gives more extra security
@muhammadfadilan4329
@muhammadfadilan4329 4 жыл бұрын
Brilliant video, i love your technique. Love ya bruh. I will even try and laminate my paper wallet in order to make it last long.
@nicbest1
@nicbest1 6 жыл бұрын
Wow i watched like 10 videos before this one didnt understand but this one is very well explained thank you you answered most my questions!
@sebastianscheidt1364
@sebastianscheidt1364 7 жыл бұрын
Wish I had of run across this video a few months ago . . . nicely done, thanks.
@Jonathan-os9qm
@Jonathan-os9qm 6 жыл бұрын
Very easy to follow and understand. Thank you for making these videos.
@neetalad9344
@neetalad9344 6 жыл бұрын
Wow, such clear instructions, so easy to follow... perfect and best video!
@itsokaytobeclownpilled5937
@itsokaytobeclownpilled5937 6 жыл бұрын
Awesome vid. Now I need paper wallets for my litecoin & ethereum.
@senior1110
@senior1110 6 жыл бұрын
Most paper wallet videos missed the crucial parts of this video, namely, printing of the wallet, transfer of funds... Kudos to complete video on paper wallets. Does anyone know where I can get Copay????
@Hereweare75
@Hereweare75 6 жыл бұрын
Your videos are great. Simple and direct. Thank you!
@BarryDuttonSellsHomes
@BarryDuttonSellsHomes 7 жыл бұрын
I was 100% sure I commented on this, like a few others of your last nite. Hmmmm. Anyways, it was great Ben!
@rafaelmartinez4975
@rafaelmartinez4975 7 жыл бұрын
What is the level of risk when sending money? that is..is there any risk that the wallet key be copied by the application used to send the funds?
@firstlast1950
@firstlast1950 7 жыл бұрын
This is fantastic! Thank you and please keep creating content for newbies!
@tcetrading3540
@tcetrading3540 5 жыл бұрын
So, in the end, you depend on the app and the developers of copay to not steal your data and password from the old wallet. Meaning that in order to be very protected (or at least a bit more) you would have to send from a new wallet every single time...
@km3247
@km3247 7 жыл бұрын
Great video, thank you! Clear and straight forward.
@BTCSessions
@BTCSessions 7 жыл бұрын
Thanks for watching :)
@trevorwklock
@trevorwklock 7 жыл бұрын
Thanks so much for posting. Do you need to print in colour?
@KevinDWeaver
@KevinDWeaver 6 жыл бұрын
I saw that you only had the "sweep" option. Is it possible to move or "spend" just a portion of those "paper wallet" funds??
@lilditty2172
@lilditty2172 3 жыл бұрын
BTC Sessions... Ben, any chance you can run an update to this video? Copay does not have the same format as this video shows. I find nothing about paperwallet sweep under the settings/advanced
@coloradobitcoin3058
@coloradobitcoin3058 8 жыл бұрын
This is such a well produced tutorial series for Bitcoin/crypto newbies. Thanks for another great video!
@BTCSessions
@BTCSessions 8 жыл бұрын
Thanks for continuing to check them out :) I'm glad that you find them to be well produced because I'm pretty new to this! Hopefully there will be more series like mine in the future.
@BrothaJeff
@BrothaJeff 6 жыл бұрын
Paper wallets are essentially for one time use. You can load it up with coin but when you take the coin off you should take it all off and later make a new wallet with new keys later to keep it safe.
@austinduncan1
@austinduncan1 7 жыл бұрын
Thank you for this its been most helpful. Also I'd like to say thanks to the Keep Key Video. This also works exactly as described. I do appreciate you and all your help.
@BTCSessions
@BTCSessions 7 жыл бұрын
Austin Duncan no problem! Glad I could help!
@junebugjoe5914
@junebugjoe5914 7 жыл бұрын
Yij
@KrisBkh
@KrisBkh 7 жыл бұрын
Great simple steps, thanks!
@WatchGeek
@WatchGeek 6 жыл бұрын
First off all, great video. My question, if you took the page offline how can it be sure 100% that the address you make is unique, or is it just that the probability of making an existing adress is so small that's it's almost impossible to make a duplicate?
@AdalbertoNascimento
@AdalbertoNascimento 7 жыл бұрын
These 2 inicial minutes are so amazing... Great!
@joshdomsky
@joshdomsky 7 жыл бұрын
awesome. very cool stuff. I like how you're always traveling in these nice places. take care.
@gobillygook
@gobillygook 7 жыл бұрын
great video man thank you so much. you sound like tim ferriss!
@jidanjidan3395
@jidanjidan3395 3 жыл бұрын
if a created a wallet with two addreses, the passphrase that i created will also be needed for both adresses?
@whenmoonsir
@whenmoonsir 7 жыл бұрын
What happens if your ledger stick crashes? Can you also have a backup of the backup? Paper and hardware? Thanks for your help!
@techbyfalah
@techbyfalah 7 жыл бұрын
This is brilliant!! thanks for the awesome explanation.
@einsatzgruppencommander1184
@einsatzgruppencommander1184 6 жыл бұрын
If you choose the "Password" option to encrypt your private key, is it safe to let others see it (the encrypted version) as it is printed on the paper? Or is the encryption weak enough (only a password) that they could easily derive you real private key from the encrypted one?
@taxxxiddriver
@taxxxiddriver 4 жыл бұрын
Best video I found until now! Question please: Can I send the funds form this paper walllet directly to a desktop wallet address? Thank you
@abdullahal-shimri3091
@abdullahal-shimri3091 3 жыл бұрын
yes, you have to use sweep wallet feature and scan the paper qr code
@tommy2346
@tommy2346 7 жыл бұрын
Also I noticed you received less back than you initially sent? Is there a fee connected to the bitcoin wallet in your phone? Or any other wallet people might use?
@desipenguin
@desipenguin 6 жыл бұрын
When I keep buying additional bitcoins, How do I update my paper wallet ? Do I "send" new bitcoins to my paper wallet, is that how it works ?
@PietervanDriel1
@PietervanDriel1 4 жыл бұрын
But if the QR code gets smuched or unscannable, you still can use the secret phrase key code right????
@Thuddriver01
@Thuddriver01 3 жыл бұрын
Ben; can you withdraw funds from a Paper Wallet without sweeping the entire amount?
@abdullahal-shimri3091
@abdullahal-shimri3091 3 жыл бұрын
Great video! I was skipping the part where you download the page and turn off Internet.
@rafaelcayenne
@rafaelcayenne 6 жыл бұрын
Love Canadian accent, much love from Brazil
@adeowuadefemi8890
@adeowuadefemi8890 5 жыл бұрын
Add hack Lewis on Instagram to get your bitcoin wallet boubled he is too legit to fail
@dimitris6541
@dimitris6541 6 жыл бұрын
If the QR image gets smudged, wouldnt we be able to use the private key instead? Or do we need both? Thank you.
@silvesteinrmartin
@silvesteinrmartin 6 жыл бұрын
This was one of the best vids ever, your style is awesome. you where meant to be a youtuber. thanksssssssssssssssssss
@BTCSessions
@BTCSessions 6 жыл бұрын
Martin Lemona Ha thank you so much! I love making them -glad you liked it 😁
@silvesteinrmartin
@silvesteinrmartin 6 жыл бұрын
You are more than welcome. You do not beat around the bush and talk nonsense but rather things we need in a great well-mannered way and you look great. What are the best platforms to buy bitcoins from? That would be great to know. I am glad I just found your channel so I will be watching from now on.
@BTCSessions
@BTCSessions 6 жыл бұрын
Martin Lemona where are you from? Best platforms can depend a lot on where you're located
@silvesteinrmartin
@silvesteinrmartin 6 жыл бұрын
I live in Germany. thanks ... !
@johnwayne2012
@johnwayne2012 6 жыл бұрын
why generate a new wallet address, where you move the mouse around, and get the non-decorated paper wallet...if you then go on the choose the paper wallet with the art-work...they have different address/keys at this point. Are they still connected? I'm trying to figure this out, thanks
@sergecampeau3610
@sergecampeau3610 7 жыл бұрын
At the present date, what would be the fees of the 2 transactions you made to and from this paper wallet?
@flodi88
@flodi88 7 жыл бұрын
Thanks, helped me a lot to understand how to handle those paper wallets
@BTCSessions
@BTCSessions 7 жыл бұрын
No problem!
@T3merity
@T3merity 6 жыл бұрын
Can you do this with mycelium wallet also? It has a cold storage tab with a camera code scanner but I can't tell if it is used for the same purpose as what you did using the copay app.
@xxstormuxx
@xxstormuxx 6 жыл бұрын
Correct me if I'm wrong. So you have to send money to that wallet you created first from let's say coinbase am I right?
@JP-rl8nb
@JP-rl8nb 6 жыл бұрын
Great nice and simple for newbs!👍👍👍
@fernandofurtado7164
@fernandofurtado7164 7 жыл бұрын
Hey man! Great job. As simple as possible!
@BTCSessions
@BTCSessions 7 жыл бұрын
Thanks so much! Glad I could help :)
@rolliecasil4396
@rolliecasil4396 6 жыл бұрын
very well explain to creare your my paper wallet . thank you so much
@mortenluxhoi4529
@mortenluxhoi4529 7 жыл бұрын
Awesome tutorials that you are making, could you please provide info on a watching wallet to support the Bitcoin Paper Wallet?
@dannyjohn6073
@dannyjohn6073 7 жыл бұрын
do i need to spend everything there on paper wallet or can i store some amount n spend it again using the same keys
@Jacob930321
@Jacob930321 6 жыл бұрын
When I sweep I don't pay a fee, correct? Because I'm not sending a transaction but rather importing.
@JohnWick-mb5tb
@JohnWick-mb5tb 3 жыл бұрын
May be a stupid question but can’t the app keep a copy of your private key some how?
@drwisis6996
@drwisis6996 6 жыл бұрын
New at this. Do i have 2 have an account with coinbase or something first or does this replace all that?
@misererenobis8900
@misererenobis8900 7 жыл бұрын
Thanks for this. Can you also do the same for alt coins on the same website?
@m8_981
@m8_981 7 жыл бұрын
wow this is amazing! Didn't knew that :o I thought all wallets had to be connected to a program.
@GhostofTradition
@GhostofTradition 3 жыл бұрын
that's the power of the blockchain it's all digital, you only need the keys which are just numbers and letters hence they can be stored anywhere
@ChannelRandomMy
@ChannelRandomMy 5 жыл бұрын
Your remark here: 6:00 Can't you use the key itself as oppose to the QR code to get your btc from the wallet?
@aruniochoa5944
@aruniochoa5944 7 жыл бұрын
can you send multiple amounts to a single paper wallet so it can accumulate fund in time? just like a bank and withdraw it later on? thanks.
@visifoketi3622
@visifoketi3622 6 жыл бұрын
Hi Ben, I just finished creating my paperwallet and everything goes well except saving to my usb is not showing the bitcoin address and the private key. So pls if you can show to save to a hardware USB thanks.
@andrews640
@andrews640 7 жыл бұрын
do these only wotk with bitcoins as opposed to other crypto currencies?
@Nilvolentibusje
@Nilvolentibusje 6 жыл бұрын
so if i write the address of the paper wallet on bitrex for example at send. Will it send the btc from bitrex (online) to my paper wallet? (offline)??
@myles5158
@myles5158 7 жыл бұрын
If I had paper wallet how do I access the coin from lets say the other side of the world on another computer? If I have the paper wallet with me of course. Just use like Electrum or something and punch Im the public key?
@davesmith6658
@davesmith6658 7 жыл бұрын
Very informative. Thank you.
@powshredder3716
@powshredder3716 6 жыл бұрын
How do you convert the bitcoin to CAD and put them in your regular bank?
@stripcook
@stripcook 7 жыл бұрын
can this be printed off anytime even if you don't have bitcoins yet?..............and can you keep this one paper wallet and just keep loading on the same one everytime you buy some?.........or do you have to make new paper wallet everytime you buy bitcoin?..... just keep loading would be cool,if you can?
@hectord.s.3057
@hectord.s.3057 6 жыл бұрын
Great simple video! One question, I currently have bitcoin on LocalBitcoin and my Jaxx wallet on my phone. How do I transport these to the paper wallet? Do I create the paper wallet and just send them From my JAXX and LocalBTC to the address from the newly created paper wallet?
@click411
@click411 7 жыл бұрын
so I can just spend money from paper wallett to someone that is physically presant and has a QR code or I cant just send to a address???
@BlaZeModdzX
@BlaZeModdzX 6 жыл бұрын
So you have to use that copay wallet app? sorry i know this is a year later just wanna store my bitcoin in a safe place!
@Joe-nk5kt
@Joe-nk5kt 7 жыл бұрын
my android just downloaded CoPay Wallet looks nothing like this. I have send to paper wallet and going to test send back not sweep.
@markwawrzyniak109
@markwawrzyniak109 6 жыл бұрын
What about other Crypto-Currencies? Can they be send to paper wallet as well or do we need to convert them to BitCoin first?
@kiwited123
@kiwited123 6 жыл бұрын
When I open Copay I cannot find the screen that shows 6:46. cannot proceed. Copay when first loaded automatically produces a Wallet! Has Copay changed?
@mywowac01
@mywowac01 6 жыл бұрын
Does Copay take some of the funds that have been swept? because i sent a few $ as a tester and ended up with half the ammount
@khurrum1991
@khurrum1991 7 жыл бұрын
great video.What if you have other crypto currencies like dogecoin,Verge,digibyte,ark and stuff??where can you store them?
@lovepeaceandprosperity
@lovepeaceandprosperity 7 жыл бұрын
Thank you so much for this video!
@Shensation01
@Shensation01 6 жыл бұрын
Might be a stupid question as I'm new to crypto but was wondering, is it possible to send Bitcoin from Exodus Desktop wallet to the paper wallet. Reason I ask, exodus does not have an option to scan QR codes. Would appreciate a reply from anyone.
@ecosala4702
@ecosala4702 6 жыл бұрын
Thank you for the video! easy to understand. I tried putting in a paper wallet 0.0005 and then tried to sweep it with copay. It says "insufficient funds" is there a fee with sweeping wallets? Was mine to small to be sweeped?
@oritzvielli6810
@oritzvielli6810 7 жыл бұрын
What camera do you use? Quality is great.
@smn3225
@smn3225 5 жыл бұрын
You are great btc youtuber, perfect explaining everything. I saw your casa lightning video as well, l have a question can you make more videos about the lightning torch, this project has great potential. Thanks
@BTCSessions
@BTCSessions 5 жыл бұрын
Thanks so much! And for sure I can. I always love keeping up with the #LNtrustchain!
@smn3225
@smn3225 5 жыл бұрын
@@BTCSessions Twitter ceo Jack Dorsey want to integrate lightning support to Twitter & Cash app. This will make btc great user friendly and it will be where deserve to be. Thanks again.
@blewprent
@blewprent 6 жыл бұрын
Thumbs up for the accoustic Usher and 702...lol.
@donalbertthane
@donalbertthane 6 жыл бұрын
Are u able to store directly from cloud mining to your paper wallet?
@dukehober9591
@dukehober9591 7 жыл бұрын
I am confused on how to transfer it from the paper wallet back to Coinbase. Do I request the amount I want to transfer back from my Coinbase app, by scanning the barcode of my paper wallet?
@PoppyRaid
@PoppyRaid 7 жыл бұрын
Hi , ahh juts takes me back a number of yrs ! On my younger 1985 travels 🏄🏻 . . Thnks for this paper wallet video nice and clearly delivered ( I will need to watch a few times to get a grip as I'm not tech pic based at all !!! Yet ... 👏✌️enjoy ✌️
@BTCSessions
@BTCSessions 7 жыл бұрын
No problem! Super glad I could help :) Where did you travel to? Have a fav spot?
@PoppyRaid
@PoppyRaid 7 жыл бұрын
Travelled from Kuta to oz for a year working short periods welding and surfing and traveling the coast and sights . Great times had . Are you lap top based and able to travel ? . Keep on keepin on ✌️
@BTCSessions
@BTCSessions 7 жыл бұрын
That's awesome. I definitely miss Australia. I was there in 2007 for 6 months. I work and live in Calgary Canada, but I like doing extended trips every couple of years when I can. I also sometimes work in Vancouver and other major cities, as well as make trips down to the US in the summer to sight-see. I'm going to be a lot more mobile starting in the fall - only need to be in town 1 week per month!
@emmayarseeyuess9044
@emmayarseeyuess9044 6 жыл бұрын
Great tutorial. I created a wallet and transferred some bitcoin. Do you have a tutorial that teaches how to move bitcoin FROM paper wallet BACK TO Coinbase?
@_sz_405
@_sz_405 6 жыл бұрын
a little confused on the backend technicals , -- when is the public key generated? where is it? // i understand private key is printed on paper.. // and then where is this cold storage?
@saml7820
@saml7820 6 жыл бұрын
popping on the screeeeeen, now *perfect timing*
@stripcook
@stripcook 7 жыл бұрын
why put on different comp ect if you go"offline" then goin into the file........you are offline so?
@criminala2257
@criminala2257 7 жыл бұрын
Good video(s) . I want to comment on 2 things you do/say in this video : - You say that you can't sweep a paper wallet if the QR code is unreadable(unscannable) . This is not true . You can still sweep a paper wallet without scanning a QR code if you can read the private key or have the private key stored elsewere . - I would personally advise against using BIP38 encryption . Not all clients support it , and if people forget the password they lose all of their bitcoins stored in the paper wallet . You can write down the password on the paper wallet (or store it alongside the wallet) but that would not make any sense as it doesn't add more security that way . I would also advise to keep the keys of the paper wallet on an encrypted USB stick somewhere on another location instead of putting multiple copies of the paper wallet in different places .
@samueltole
@samueltole 7 жыл бұрын
Thanks for your videos. I have one question, how do i store other coins like Litecoin, NEO and startis? Thanks
@cleaner1984
@cleaner1984 6 жыл бұрын
Where can you find a computer that you know for sure has never been connected to internet? I have not bought one recently but as far as I can remember, they all have been tested to work with internet and therefore have been at some point connected, even for a short time.
@brinkVids
@brinkVids 6 жыл бұрын
Does this also work for etherium and other crypto currency or only bitcoin?
@mastervolume1508
@mastervolume1508 7 жыл бұрын
does the passphrase option work with any online wallet I try to sweep my wallet to?
@sfarookey
@sfarookey 7 жыл бұрын
U said if the QR code is distorted then u wont be able to access ur funds. But we still have the long number, the decrypted form of QR code... isnt it?? cant we use that long number to access funds?? Thanks.
@MyTube4Utoo
@MyTube4Utoo 6 жыл бұрын
Fantastic, and very informative video. It earned you another follower too.
But how does bitcoin actually work?
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