Hello!
Many are saying online wallets are bad but I think unlike others
blockchain.info wallet is safer and better. But still there emerge a question,
What if it get hacked?A simple answer is 'Cold Storage'.
Now you can make a 'Cold Storage Address' or use current address as 'Cold Storage Address' using
blockchain.info wallet.
You can follow these easy steps for making your Blockchain.info wallet safe!
1: Make a new address if there is only 1 address in your
wallet.
2: Go to 'Import/Export' tab and click 'I Understand' and then click 'Paper Wallet'. A pdf file downloads.
3: Go to 'Receive Money' tab, then click 'Actions' of the old address(address you use more often to receive
BTC) and click 'Archive Address'.
4: Go to 'Archived' tab and then delete the archived address.
5: Now copy the address and paste it into the first column and click 'Add Watch Only Address'.
6: Now you have a 'Cold Storage Address'.
Note:
Print your 'download.pdf' file of the
You can't send Bitcoin from the 'Cold Storage Address' unless you import the 'Private Key'.
After you import your address will not remain as a 'Cold Storage Address' and if you want to make it
'Cold Storage Address', you can follow the above steps again.
Or You can generate a new 'Cold Storage Address' by clicking 'More Actions' in 'Receive Money' tab and
click 'New Cold Storage Address'.
Remember:-
You have to send Bitcoins from other address manually and every transaction you
make generally costs 0.0001
BTC.
It is better to make the current receiving address as 'Cold Storage Address' than making a new oneIf there is any mistake or any doubt feel free to ask, there is no such thing as 'Silly Post' in asking doubts.
Donations are welcome : 18DRXLSmqhE9JaCpRL3xQnNCD8Df2r5AoG .
Kindly,
Muhammed Zakhir