QR Code Paper Wallet Intro (What is It, Why Does It Exist and Pros & Cons)

Paper wallets are a way of storing cryptocurrency offline where you print out the private keys and addresses to a paper. We consider this one of the safest ways to store crypto. If you take all the precautions, it is impossible to lose what you have.

Paper wallets exist because of the safety that they provide and the fact that they are good for when you have long-term investments made in the cryptocurrency world. It is usually a good idea to unplug from the internet when generating these keys. That way, no one can intercept what you are doing remotely.

We also know this method of storing crypto as cold storage as it gives you all the security that you need to make yourself invulnerable to an attack.