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No. Don’t use paper wallet. Use a standard software wallet and save the seed phrase words somewhere real safe. Paper wallets are too easy to mess up the change
by randomhodler84 5y ago
No. Don’t use paper wallet. Use a standard software wallet and save the seed phrase words somewhere real safe. Paper wallets are too easy to mess up the change address for new users.
- randomopining 5y agohard wallet is best. like ledger nano x
- tradertef 5y agoThat is until their system is hacked and your e-mail, name, and address are leaked to web.
- csomar 5y agoThat doesn't affect your crypto.
- tradertef 5y agoTrue, but you get an awful amount of spams and some people will fall in to that. Also, knowing that your name / address and the fact that you are interested in bitcoin is not good.
- randomopining 5y agoI agree. And if I could've done it over again i would've used all burners. Maybe next time I will. But overall, I don't see how there's any danger besides the code being stolen or lost.
- tboyd47 5y agoThat only comes into play when they decide to spend the money. And even then, it's not a huge deal. Just use Electrum. On the other hand, you have to be somewhat crypto-literate to setup and install a software wallet. So the barrier to entry is higher. That's why paper is such a great option for gifts. And if you're trying to encourage financial prudence, the extra obstacles in spending from paper are a plus, not a minus.