Making A Paper Wallet Crypto. You can easily generate a paper wallet from several websites on the internet. So, how to set up a paper wallet for ethereum?
If you want to send crypto out, you can do so by scanning the private key qr code or inputting its address—but they're generally made for storing rather than transacting. If you see the list of cryptocurrencies supported by walletgenerator, you will notice that ethereum is not on that list. Paper wallets were popular with bitcoin because it was the first and most popular cryptocurrency plus generating a bitcoin paper wallet was the easiest way to make a wallet.
A paper wallet contains a public and private key pair for making crypto transactions.
How to set up a paper wallet for bitcoin (btc) step 1. Every paper wallet is made up of a public address and a secret key. This means that by scanning the qr code of the public key, users can easily send crypto to the address of the paper wallet. If you’ve got a significant amount of ethereum (or any amount for that matter) stored online, i recommend that you transfer it to an offline wallet as soon as you can.