How to Make a USB Crypto Wallet? - USB Crypto Wallet

by Sam Billy Web Designer

People use cryptocurrency to pay everything from phone bills and clothes purchases to booking tickets in the digital era. Digital currency is one of the best investment options due to its simple transaction, better returns, and incredible security. Using the hot or cold wallet, individuals can store cryptocurrencies in many ways. If you are looking for a safe way to store coins, you can use usb crypto wallet. 

If anyone is storing a crypto key in the hot wallet, cybercriminals have a chance. Hackers use different tools to steal your coins and private keys. For this reason, the expert suggests a cold wallet for people who buy lots of cryptocurrencies. Many investors are creating the crypto wallet on the USB drive to protect their cryptocurrencies. It is not only cheaper but also keeps coins away from hackers. 

In this article, you can get tips on creating a crypto wallet using a USB flash drive.

What is usb crypto wallet?

A private Key is necessary to prove Cryptocurrency ownership. The USB memory stick has been the best device for storing files, photos, and others for many years. But now, people switch to cloud storage because of its convenience. However, the flash drive is used as the cold wallet for crypto. It is not connected to the internet, so the hacker doesn't have a chance to access the BTC or other currencies you store in the wallet.

Only people who access the wallet physically can utilize the private Key inside them. The high-end cold wallet has the highest level of security, such as two-factor authentication, encryption, and much more. They protect the public and private keys so the user can stay in peace of mind. Both experienced crypto investors and beginners can use the hardware wallet without trouble. 

Pick the correct flash drive to make usb crypto wallet

If you need to make a crypto usb wallet, you can use any USB flash drive. One of the essential things about cryptocurrency is that private keys and lots of wallets take space in the device. They never store complete blockchain to choose the 1GB or 4 GD USB drive for crypto-wallets. Let's see some things to consider while selecting the flash drive for making a cryptocurrency wallet:

Ø  First, never use an old USB drive for your digital currency wallet. It is always good to pick the new memory disk drive. 

Ø  Select a dual USB-A and USB-C drive that can help you access the wallet whenever you desire. 

Ø  You can customize the flash drive from the USB Memory Direct as per your needs. It enables you to develop the USB drive with desired features, such as hidden files, data preloads, and others.

How to create usb crypto wallet  

USB cryptocurrency wallet is an excellent option to store your coins for flexibility. It is getting more popular among the people who have held crypto for an extended period. You can access the USB flash drive whenever and wherever you need it. If you are interested in making the USB wallet, you can follow the below-given steps. 

Ø  Buy a new flash drive 

You want the new USB flash drive to start creating a crypto wallet. Now, many suppliers are offering various flash drives. Thus, you can select a trusted supplier to buy a USB drive. 

Ø  Install BitKey

Create the BitKey installer by going to https://bitkey.io/. Click on the download option and hit BitKey ISO to download the cd image. Then, create the bootable usb drive and save sensitive files. 

Ø  Remove and insert USB keys

If the bitkey boot menu indicates, select the cold offline option. Those using the usb drive to boot biktey can remove and insert USB keys. Biktey suggests shade coding that makes the process simple. You need to insert the black USB flash drive if booted into the offline desktop. 

Ø  Create the cold wallet 

You can create the cold wallet by clicking the blue electrum icon. Set the passphrase to protect the wallet file, enter the long passcode, and hit the ok option. When creating the crypto usb wallet, you can keep crypto security basics in mind, offering a safe experience.

Ø  Export public key and payment address

Open Electrum wallet and hit receive option. You can see receiving address in the wallet. Give this address to people who need to send bitcoin to your wallet. Then click on the wallet menu and pick the master public key. The user can write down the public Key carefully or use a QR code application. 

Ø  Build watching wallet 

Close Electrum wallet and switch off the device. Remove the USB flash drive and keep it in a safe place. After that, reboot the device and select another boot option. Please insert the new flash drive and use it to store the watching wallet set. When the electrum icon is displayed on the desktop, you can click restore wallet and hit the next option. Hit next to select the server automatically.

Ø  Make transactions

Click on send option and enter the recipient's payment address to make payment. Then, enter how much crypto you need to transfer and hit on send tab. The wallet will create the transaction information for the user. 

Ø  Sign transactions

Turn off the device and ensure both drives are connected. Then, restart them and hit cold offline from the bitkey boot. Click the electrum icon, enter the passcode, and select load transaction. Hit the signup option by following the open menu and retype the password. At last, hit on the save option.

Ø  Broadcast transactions 

Now broadcast transaction takes place in the process. Restart and select the second flash drive. Then hit the load transaction option and navigate to the signed transaction folder. Hit on the broadcast for sending the transaction to the blockchain network. At last, hit on the close tab, and the user needs to pay a fee based on the transaction amount.  

Final words 

The usb crypto wallet is a cost-effective method for storing cryptocurrencies. The flash drive allows the user to install any operating system based on their choice. In addition, an individual can keep multiple backups of private keys and wallets. It is crucial to access and restore the wallet. 

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Created on May 21st 2022 05:49. Viewed 316 times.

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