How can I spend my paper wallet directly?

0

I am totally new to Bitcoin. Can you tell step by step, how I can spend a paper wallet directly? Or is it necessary to create a software wallet?

mhmughees

Posted 2016-08-30T11:49:15.717

Reputation: 1

Answers

2

Unless you plan on doing ECC math and hashing algorithms by hand (it would take you about a day just to do a single round of SHA256) and publishing the raw binary transaction via raw network protocol, you're going to need some software.

I would recommend getting Mycelium, which has a paper wallet import feature. You can then spend it where you like using the wallet.

Jimmy Song

Posted 2016-08-30T11:49:15.717

Reputation: 7 067