Question

What is a paper wallet?

Answer 1

A paper wallet is a physical document that contains a public address for receiving cryptocurrency and a private key for accessing and managing that cryptocurrency. It is considered a secure way to store cryptocurrency offline, away from potential online threats such as hacking or malware attacks. It is typically generated using software and printed on paper for safekeeping.

Answer 2

A paper wallet is a physical document that contains a public address for receiving cryptocurrencies and a private key for accessing and managing those funds. It is considered a secure way to store and safeguard cryptocurrencies offline, as it is not connected to the internet and less susceptible to hacking or cyber attacks.