Post
Topic
Board Bitcoin Discussion
Re: Where to store bitcoins safely?
by
OmegaStarScream
on 07/11/2015, 07:54:44 UTC
As the title says, where can I store my btc safely? Like a cold storage or something, but i dont get the idea of it... Also when it is safe, I want to deposit to it, is that possible?

Paper wallets are probably the safest or one of the safest at least , but they are created mostly to store for long term and not to use them really ... for daily use you can use something like Desktop wallet (e.g Electrum) .
On paper wallets you basically print both private keys and public keys (with QR code) , you can encrypt private keys if you want , if not .. to use your BTC you can scan the QR code and import the private keys to a wallet like blockchain.info or simply re-type the private keys form the paper wallet to blockchain.info .
Okay an electrum wallet is that I am going to need. But iI hear many questions/problems regarding the electrum wallet. Do I get a private key when I have an electrum wallet?

Yes if they didn't change anything , as far as I know you can export the private keys on the regular visible format then import them where you want , I don't recommend that though .
I recommend you to simply store the seed that Electrum wallet give it to you then write it down on a piece of paper and that's it . just keep it safe .. In case of a computer failure or whatever , you can restore your wallet (public keys + private keys) using that seed .