SelfWallet - FAQ

We have rebranded to expand our audience and services. Old domain which has existed since 2011 will now redirect to our new domain In the near future we will add a classic version of the wallet for storing your bitcoins.

If you have trust issues with third-party services (,,,, etc) securing your Bitcoin, Altcoin, or other Cryptocurrency, you will want a Brainwallet – the most affordable and secure solution today. You may lose your hardware wallet, computers and devices can die, and online web wallets and exchanges are vulnerable to attacks. A Brainwallet is deemed as the best option that is safe from any known vulnerabilities and perfect for those who are just paranoid. Hosted web wallets have access to your Private Keys, Passphrase, and can lock you out at anytime or just steal your coins. We NEVER store passphrases or private keys on our server.

Personal data and sensitive data provided by users is encrypted or hashed so that it is unreadable.

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Sending bitcoins from a paper wallet can be done in two steps:

Step 1 - Import the private key of the paper wallet into the software wallet.

Step 2 - Send bitcoins using a software wallet to the recipient's address.

The bitcoins that you send should be withdrawn as a new transaction over the Internet. The transaction will then be added to the blockchain, which will credit the coins you send to the recipient's bitcoin address. This is how coins are transferred from a paper wallet.

To import a private key into Electrum, add "p2pkh:" at the beginning, example "p2pkh:cvugjkvhzgawzrpsfazjqrfsgvtdvq6xz48t52nszkfiwduklb2z"

With the help of a public key, you can generate additional addresses to receive bitcoins and check the balance on all addresses.