Once you get a hold of Bitcoin or any other cryptocurrency via an exchange, the next option is how to spend it. If you plan to consume them right away, a digital wallet becomes a necessary tool to safeguard your assets.
With the online digital environment susceptible to hacking, and breaching, storing the cryptocurrency on the exchanges or at times the wallet presents a considerable risk due to potential piracy. Whopper is one venture that seeks to offer cryptocurrency owners a cold storage card that will store their digital coins away from the internet. Here's more on the potentially reliable service.
What Is Whopper?
Whopper is a cold storage card that allows anyone serious in securing their cryptocurrencies to keep their investment in offline cold storage, only transferring the digital currencies through the Whopper Card.
While there are plenty of cold storage options that offer tamperproof options, Whopper surpasses the typical notion of the paper crypto or use of USB. The card is designed to facilitate the holder's crypto transactions and make payments. The cold storage concept works on securing the crypto offline on the credit card using a private key that only activates when there is need to access or transfer funds.
For the wide variety of cryptocurrencies, there are different digital wallets available for use. However, the Whopper card will allow you to make payments and transaction using Bitcoin, Litecoin, Pinkcoin, Shield, Linda Coin and Denarius.
Additionally, the Whopper Card provides for extra features such as additional art on the card. On the platform, Whopper delivers artistic designs that could feature in upcoming models of their crypto cards. The original card series and the sticker options allow for the user to go the extra mile of customizing their cards.
Using Whopper Cryptocurrency Cold Storage Card For Offline Storage
Most of the cryptocurrencies on Whopper are supported by Coinomi, and the cold storage service will use the exchange as a storage portal. The transfer process to Coinomi will include:
- Open the top left menu (☰).
- Create a wallet for the coin you want to access.
- After creating the wallet click on it.
- Open the top right menu (⋮).
- Select “Sweep wallet.”
- Scan the QR code on the card's rear or manually enter the private key.
- All your coins will now be available in your Coinomi wallet.
Transfer Coins To QT Wallet
- Open up the QT wallet.
- Go to: Help > Debug Window > Console
- Enter the following command: importprivkey enteryourprivatekeyhere
- Let it complete and restart your wallet.
- Provides convenience of use since it is transportable
- Simple encryption without too much technicality
- Secure cryptocurrency storage in another location
- The Whopper Card is susceptible to damage
- Potential possibility of theft or loss
With hundreds of cryptocurrencies in the markets, storing is fast becoming a necessary tool for individuals’ cryptocurrency holders. Consequently, cold storage options are becoming a considerable recommendation and Whopper could ride on this wave of rising demand.
However, like any cryptocurrency storage option, there is need to ascertain the security of the service before taking the risk to trust it. Whopper is a relatively new service, and it is hard to find any customer review regarding the cold storage option, and therefore it is best to be safe.