A cold wallet is considered to be one of the most secure ways to store Bitcoins and other crypto assets (“coins”). The central element here is the key pair of “public key” and “private key”. Both public and private key are represented by QR codes of which the private one is sealed.
In addition to secure offline storage (cold storage), another advantage is the form of easily transferable, high-quality and durable banknotes/crypto certificates that serve as an offline medium for storing cryptocurrencies and can be used like classic banknotes. A paper wallet can also be stored in a safe or vault, similar to precious metals or cash.
Advast Suisse supports clients in the conception, creation and implementation of high quality, durable and counterfeit-proof paper wallets/crypto certificates.
For the long-term storage of cryptocurrencies such as Bitcoin or Ethereum, it is recommended not to leave the crypto assets on an exchange (trading platform) for security reasons, but to store them securely instead. True to the maxim “Not your keys, not your Bitcoins”.