Review:
Paper Wallets
overall review score: 4.5
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score is between 0 and 5
Paper-wallets are physical wallets for storing cryptocurrencies, typically in the form of printed QR codes on paper.
Key Features
- Secure storage of cryptocurrencies offline
- Easy to set up and use
- Protection against hacking and online theft
Pros
- High level of security as private keys are not stored online
- Convenient for long-term storage of cryptocurrencies
- Can be easily generated and printed at home
Cons
- Risk of physical damage or loss if paper is not stored securely
- Limited accessibility as paper-wallets cannot be used for frequent transactions