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Hardware bitcoin wallet singapore
Each Litecoin address has a private key associated with it, the private key is required to send Litecoins from the address to another address. You should keep a copy of your private keys on paper paper wallet and store it somewhere safe.
You can later use your paper wallet to restore your wallet, should you lose your wallet file. The wallet file contains the private keys we just printed for your Litecoin addresses. As mentioned, these are required in order to send Litecoins. If anyone obtains this file they can steal your coins. Encrypting the file as in Step 6 will help in preventing someone from accessing the private keys, but the best way is to take the file offline! You can check the balance and activity of any of your Litecoin addresses without the need of your wallet.
Simply use any Litecoin blockchain explorer. You will only need your wallet when you want to send Litecoins to another address. You can check a block chain explorer such as http: Your email address will not be published. Ensure your computer is free from malware viruses, bots, trojans etc. Use a program such as Microsoft Security Essentials to scan your whole computer before proceeding. Install and open Litecoin-Qt, it will automatically start syncing with the latest Litecoin blockchain which may take several hours depending on the speed of your internet.
Disconnect from the internet Disconnect your computer from the internet. This will prevent anyone from trying to install malware or steal your wallet before you have securely moved it offline. You can create as many addresses as you like and add a label for each address for easy reference.
You can keep electronic and hard copies of your addresses. No one can do anything with them accept send you Litecoins. Print your private keys paper wallet Each Litecoin address has a private key associated with it, the private key is required to send Litecoins from the address to another address.
Repeat for each address. Copy the results to notepad and print. Delete the notepad file! It helps prevent someone from accessing your private keys should they steal your wallet. Move your wallet offline The wallet file contains the private keys we just printed for your Litecoin addresses.
The file should be in the following locations in Windows and Linux respectively: Ensure you do not leave a copy of wallet. Checking your balance You can check the balance and activity of any of your Litecoin addresses without the need of your wallet. Reconnect to the internet. Previous Post What is Bitcoin? Can I do it on a smartphone Samsung s3 or does it have to be on windows? Leave a Reply Cancel reply Your email address will not be published.