How Do I Make a Deposit from a Paper Wallet? | Crypto Wallets Info

By Crypto wallets info | Crypto Wallets Info | 28 Jul 2020

How Do I Make a Deposit from a Paper Wallet?. To use ShapeShift, you have to make a deposit to the ShapeShift deposit address provided to you. To make a deposit using a paper wallet, you will need to follow three important steps.

Locate your private key. Your private key is not the same as your public key, though it can be easy to confuse the two. These two alphanumeric strings differ in length. The private key will be quite a bit longer than your public key, which is short and oftentimes looks similar to an address.

Import your private key. You can import your private key into any wallet that you desire. Keep in mind that you must import everything that was on the paper wallet. There is no way to import a portion of the digital assets belonging to your private key.

Make your deposit. Send your deposit to ShapeShift, and then the system will do the rest of the work to send you the outgoing coin.

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