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How to store my bitcoin offline

how to store my bitcoin offline

version. Please, write your comments and questions below. Much like if you lose your cash wallet and its full of money, that money is lost and impossible to retrieve, therefore when you have an offline wallet, you need to make sure you keep it safe. But the safest option is known as 'cold storage which stores your Bitcoins offline away from any Internet access. Tutorial here, step 2, create a cold wallet.

You are fully responsible for its safety. Methods of cold storage include keeping bitcoins: On a USB drive or other storage media. Forgotten your password or private key?

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If you don't control your keys, your coins are at risk! The problem with this is that if you lose the device (the wallet) or it gets stolen, you lose the assets. Create your cold wallet using Electrum. For more tutorials, head to our How To section. Choose between USB and CD-ROM. It also decides how convenient the process will.