Sunday 24 December 2017

How to make a litecoin paper wallet, easy, quick and secure





Get yourself some cryptocurrency here:
http://cryptocoinhero.com
and follow the step-by-step instructions.

This short how-to video shows the creation of a litecoin paper wallet that allows you to take your Litecoin OFF the network and store it in a secure location that is immune to outages, server crashes, hackers or such like problems with storing Litecoin in any online location.

As history has shown us, online databases are constantly being seen as targets for hackers, so keeping large quantities of any cryptocurrency in any single location is highly discouraged. Diversify your storage locations and devices to limit the risk of any loss.

This video shows the step-by-step walk through of how to make a litecoin paper wallet and shows you the VERY important information regarding the security of your 'private key' which is the way you access your litecoin in your wallet when you wish to spend it or transfer it.

You use your litecoin paper wallet PUBLIC address to send litecoin TO your wallet, and thus secure it.

NEVER show or share your wallet private key to anyone, for any reason. It is the key to access ALL your litecoin in your wallet.

If you save your wallet keys in a pdf file for example, instead of printing it out , YOU MUST encrypt the file using a powerful passkey to retain its secure nature.

Using multiple paper wallets with smaller amounts of Litecoin saved in each is a much more secure way of keeping your crypto safe and ùiniùising any risk of loss should any become lost, damaged, stolen or compromised.

If ever you believe a wallet private key has perhaps been discovered, you should immediately move your litecoin to another address, and keep that key safe.

Keep your paper wallets in a safe at home or in a safe deposit box, for example.


Disclaimer: This video is for educational purposes only and is not in any way financial advice
You are expected to do your own due diligence and seek expert advice in respect to any financial transaction or investment.

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this video
https://youtu.be/elFHPLBVDSo

other Litecoin videos:
https://youtu.be/ZaXBn0khBCs
https://youtu.be/iWNA0EnfeBA

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