For more quality articles about all things PC hardware, you can subscribe to Maximum PC now. This article was originally published in Maximum PC issue 150. You can find further help with this at this link. Abras simple, intuitive app makes it easy to access and manage your crypto. Needless to say, this is only for the most paranoid users. Buy, Trade, Borrow, and Earn interest on crypto. If you need to spend BTC, you can generate and save a transaction file, which can be signed digitally by the offline wallet. This involves setting up two wallets-a watching wallet and an offline wallet on a separate machine. Electrum also supports “cold storage” mode. When you come to the “Keystore” screen, choose “Use public or private keys.” Paste the master public key you copied earlier into the box, and click “Next.” Electrum alerts you that this is a watching only wallet, which cannot send payments by itself. This is perfect for installing Electrum on a machine you don’t own, such as one in your college or workplace.īegin by clicking on the “Wallet” menu option, then “Information.” Follow the instructions in step 1 to install Electrum on a new machine.
When run in this mode, Electrum displays your current balance and allows you to receive payments, but you can’t spend your coins. If you’re concerned about the safety of your Bitcoins, consider setting up a watching wallet.
