1 upvotes, 1 direct replies (showing 1)
View submission: Moving bitcoin off of paper wallet
I want to keep holding but I’d rather move it to more modern storage location than the paper wallet
Comment by mrkenparry at 01/02/2025 at 19:32 UTC
1 upvotes, 1 direct replies
Your paper wallet is just a single address and single private key I assume? And the address is a non-segwit? Moving to a “modern” wallet will give you 2 benefits…
1. segwit address for cheaper fees later down the line
2. the ability to use bip39 seeds with an additional pass phrase
But there’s nothing out of date with your old wallet.