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Author Topic: Tutorial: How To Import And Spend Bitcoin Paper Wallets  (Read 951 times)
nvK (OP)
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October 20, 2014, 03:51:52 PM
 #1

Coinkite makes importing paper wallets and private keys incredibly easy.

Just follow this steps:


Done! Now your balance is spendable on Send Tab > Bitcoin

Now you can keep it in Coinkite, send to P2SH, consolidate with a different paper wallet, etc…



Coinkite supports many types of private keys formats:

  • WIF format (Wallet Import Format) — recommended.
  • Hexadecimal, Base64 or Base6 (dice rolls)  of the secret exponent.
  • BIP38 Encrypted private keys. You’ll need to know the passphrase of course.

Join the most powerful bitcoin platform!

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Salmon1989
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October 21, 2014, 10:09:51 AM
 #2

No offense but I think bc.i wallet is way better than your service for 2 major reasons.
1. Your service works like exchanges, which your users don't have access to the private keys.
2. With the free starter plan, your users can only get 2 receiving addresses.

Just my humble opinions. Smiley

cryptoaltcoin
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October 21, 2014, 10:14:55 AM
 #3

Ty for the tutorial, its way easier than i thought
nvK (OP)
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October 21, 2014, 12:10:52 PM
 #4

Ty for the tutorial, its way easier than i thought

That's great to hear, if you ever have any issues, just ping us support@coinkite.com Smiley


No offense but I think bc.i wallet is way better than your service for 2 major reasons.
1. Your service works like exchanges, which your users don't have access to the private keys.
2. With the free starter plan, your users can only get 2 receiving addresses.

Just my humble opinions. Smiley

1. Not like an exchange, we are BIP32 HD, meaning each user has a private key assign to them. Funds are never mixed and can be audited by the user at any time. There is a big feature you will like coming soon, stay tuned.
2. We offer a many more features (Onion, Funds forwarding, BIP32 HD, etc...) and quality support. We you are not selling customer's information to advertisers the natural source of revenue is monthly fees.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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