A SECURITY SECRET
Creating a cold Bitcoin wallet using a regular USB is an excellent way to keep your cryptocurrencies safe. Here is a summary of the steps you can follow:
Download the necessary software:
Electrum: It is a popular and open-source option for creating Bitcoin wallets. You can download the portable version from its official site.
Prepare the USB:
Format the USB to ensure it is clean.
Copy the Electrum file to the USB.
Create the wallet:
Disconnect your computer from the internet for added security.
Run Electrum from the USB.
Select “Create a new wallet” and choose “Standard wallet”.
Generate a new seed (recovery phrase) and write it down in a safe place. Do not store it on your computer or online.
Set a password to encrypt your wallet.
Using the wallet:
To receive bitcoins, go to the “Receive” tab and copy the generated address.
To send bitcoins, connect your computer to the internet, go to the “Send” tab, enter the recipient's address, the amount, and confirm the transaction with your password.
Disconnect and store:
Once you are finished, disconnect the USB and store it in a safe place.