It's the perfect medium to gift Bitcoin because they are cheap to produce at home and easy to use. They are not recommended for long term storage as they can be lost, stolen or damaged. For the long term storage, we recommend to use a hardware wallet.

You can decide to use an existing Paper Wallet or Generate your own with an image upload.

1. 1. Generate the keys or import your own
2. 2. Print the paper wallet
3. 3. Top them up the amount you want via a credit card, wire transfer or directly from your wallet.
4. 4. Slip the paper wallet into the envelope.
5. 5. Gift it to your recipient.

If they already have an hardware wallet, they can use hongbao to transfer the Bitcoin to their wallet. If they don't have an hardware wallet, they can use hongbao or any software wallet (Bitcoin Core, Electrum, etc.) to receive the Bitcoin.
If they are newcoiners, they can keep it in a drawer until they have setup an hardware wallet.

At the moment, the credits are only available for free with the envelopes because we believe that the paper wallets alone doesn't give the best gift experience.

Credits are used to generate the paper wallet. Each paper wallet costs 1 credit and they are not refundable (yet). You can see how many credits you have left hovering on your profile picture called ₿ao.

We can't do anything, even HongBao as we don't have your keys. Think of it as a gift to the community: lost coins make everyone else‘s worth slightly more.

Yes, the backface contains the private key e.g password. So anyone can read or save it will have access to coins. This is why we put it into a red envelope :)

At the moment, we don't support it because it means that you have to tell your recipient the passphrase (which is not a good idea). If you think this is important contact us.

Yes. Our paper wallet generator is to make it easy. If you're a maxi and like your design, you can use ours offline and import your keys.

Yes, Mt Pellerin allows to do that but we are dependent on their policy. It has no KYC if you pay by wire transfer, otherwise they have a KYC to prevent card fraud.

According to Mt Pelerin, the max amount is 100k€ or 1k€ for instant transfer

In average, people gift 20€. For Family and close friends, it's ~50€.

Yes, you can send the envelope by mail but it's not recommended as it's not secure and can be lost or stolen. Red envelopes are well known in asia, so at least you should put the paper walletin a regular envelope.

We generate a 256-bit mnemonic seed phrase using bip39 from bitcoinjs-lib (compiled with Browserify) and @bitcoinerlab/secp256k1 for elliptic curve cryptography to derive HD wallets and sign transactions. All cryptographic operations happen securely in your browser - we never see your private keys. If you want to be extra-safe, try to Save page As to be fully offline.

Yes, we have a 21% discount for Bitcoin educators and students enrolled in a Bitcoin education program. Please contact us [email protected] to get your discount code.