Paper wallets are one of the most secure methods used to store cryptocurrency. For more information on different methods of storage, click here. A paper wallet is basically a document with your private and public keys on it, usually displayed in both QR code and WIF (Wallet Import Format). You can password protect your paper wallets, make duplicates, and store them in separate, secure locations. That way if someone steals your paper wallet, you can get your copy and move the funds while the thief is using the useless piece of paper he stole to wipe away his tears.
Paper wallets are best suited for storing coins that you want to sit on for a while. Read More »