NEO: How to create/restore a neo paper wallet.
Hi everyone, this is my first tutorial and I hope you will find it useful! I keep reading stories about people getting their coins stolen using a web wallet or by leaving funds on exchange.
The safest way to store your coins (not only NEO) but all coins is to create a paper wallet. Hardware wallet (ledger & trezor) are safe but they don't support NEO yet.
A paper wallet consist of writing down your private key (WIF) on a paper and store it somewhere safe.
After some research I found 2 websites where you can generate a NEO paper wallet.
In this tutorial I use neopaperwallet.org but you can use one or the other to generate your private key.
Part I: Create a NEO paper wallet
As you can see on the screenshot below taken from https://neopaperwallet.org when you generate a new wallet you will get the public address and your private key (WIF).
- 1 - Your public key: This is the address where you can send your coins.
- 2 - Your private key (WIF): This is your private key and YOU NEED IT to access your funds! WRITE IT DOWN on a paper and store it safely.
You now have a paper wallet where you can store your coins! For security reasons, you should have at least 2 copies of your WIF key and store them at different locations.
I will create a more advanced tutorial in the next days to explain how to create the paper wallet using a ‘LiveCD’ Linux distribution, such as Ubuntu.
Part II: Restore from WIF key
In this example I am restoring form the WIF key and I am using the neo-gui. You can download it from the official website https://neo.org
Step 1: right-click on the white area and click on "Import from WIF..."
Step 2: input your WIF key and click "OK"
Step 3: Rebuild the index to view all your transactions.
Voilà! I hope this tutorial will help some of you to safely store your coins!
Very cool info. I just set up my NEO wallet and did a paper back-up so hopefully never have to restore it but this will help if needed :)
Glad you like it :) I will hold for at least 1 year!
Nice one.
Good info for folk out there who are paranoid to store coins away from exchanges.
Thank you for the comment! Too much people leave coins on exchange and lose them! Paper wallet are easy & safe!
Very Nice ...Even I was looking for paper wallet for Neo...Do you know from which wallet we can use to withdraw Neo fund?
awesome! much appreciated
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