
#Stache spot zip file#
zip file you downloaded and open it to extract the files to a location on your computer.

You can only really do this with Bitcoin & Litecoin at the moment (at least the most TRUSTED ones) and you can't take out fractions of your deposit only move the entire amount from the paper wallet to where ever you want to move your Bitcoin. This means that you can send Bitcoin to this paper wallet address that you generated offline (ill show you how below) and then store that paper somewhere safe… like a safe! There are a few downsides of course. It is literally a printed piece of paper with your private key and bitcoin address on it.

A paper wallet is exactly what it sounds like. There are many different types of wallets you can keep your coins in and I won't go over each different way (see my What is a wallet article for that), but a paper wallet is one of the MOST secure ways to keep your Bitcoin or Litecoin.
#Stache spot how to#
How to hold your coins and keep them save can be a daunting task for most beginners in Bitcoin & cryptocurrency so I decided to highlight one of the most simple and secure solutions: The Paper Wallet! Follow The ‘Stache as I break down exactly what a paper wallet is and how to set one up step-by-step. When it comes to the security of your cryptocurrency never skimp! I have heard tons of horror stories in the last few years from people who put no time of thinking in to the security of their coins and ended up on the losing end because of it.
