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What are the steps to send bitcoin from a paper wallet?

avatarHina munirNov 28, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the steps required to send bitcoin from a paper wallet?

What are the steps to send bitcoin from a paper wallet?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    Sending bitcoin from a paper wallet can be done in a few simple steps: 1. Open a digital wallet that supports importing private keys. 2. Import the private key from your paper wallet by scanning the QR code or entering it manually. 3. Once the private key is imported, your wallet will display the balance associated with that address. 4. Click on the 'Send' button and enter the recipient's bitcoin address. 5. Specify the amount of bitcoin you want to send and review the transaction details. 6. Confirm the transaction and wait for it to be confirmed by the network. 7. Once the transaction is confirmed, the recipient will receive the bitcoin. It's important to note that once you import the private key from your paper wallet, it is no longer secure. Consider transferring the remaining balance to a new paper wallet for enhanced security.