Keeping cryptocurrencies on exchanges leaves them vulnerable to hacking and theft. Now you can finally print out your actual paper wallet. Step 4: Save the Private Key. This is just in case your paper wallet gets lost or destroyed. And trust us, we have seen some nasty things when reviewing some wallet generator. Why should I use a paper wallet? All of these options can be pretty confusing and overwhelming when youre starting out. You have two choices to get into your account either enter your private key or upload your keystore file. The Nano S currently supports 26 cryptocurrencies not supported by Trezor or KeepKey. If you end up on a phishing site, your Ether could get stolen! How to Create an Ethereum Paper Wallet. This ensures you are always going to the correct site instead cftc bitcoin commodity of a fake one.