The passphrase is like having a paper wallet?



  • Hi everyone!

    I moved my QTUM into the wallet app. Now, if I write down the passphrase and my address and then disinstall the app, is like having a paper wallet?
    I am still looking for the safest way to store QTUM but I did not find any good guide yet.
    Hope you can help me!

    Thank you very much



  • No, this is not a paper wallet. If you lose the Core wallet wallet.dat file, you will lose your QTUM. The safest way to store QTUM is with the Electrum/Trezor or Ledger hardware wallets.


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