It is possible to recover BTC from a paper wallet? Most of us assume that paper wallets are the most secure way to store Bitcoin since they don’t require any action or password input. But as it turns out, this is unfortunately not true!
The good news is you can still potentially recover your Bitcoin even after it has been lost. If a paper wallet has been created with care and without any errors (double spending, incorrect generation), then there are services available that allow you to do so. These services are known as paper bitcoin recovery services.
The oldest and most well-known bitcoin recovery service is called Cointracking.info. They specialize in analyzing your transactions and finding the balance that was stored in a paper wallet. In some cases, you will have to do a bit of detective work yourself, but if it’s a small amount you will probably not have to invest much time to get the job done. Either way, their service is one I highly recommend!
In addition to Cointracking.info, there are a couple of other services I would like to mention. There are the bitcoin Recovery Services for example. A bit more expensive, but also very effective if you want to recover your Bitcoins. Basically the same as Cointracking.info, but not quite as cheap.
There is also a site called Blocker. This service offers quite a different approach compared to the other two services mentioned above. This service is based on brute force methods (dictionary attacks) to try and figure out your password. This means, that if you have lost your password, you likely will not be able to recover it through this method. Still, a good option though if you want to try.
I would also just like to mention, that there are many other services available that offer Bitcoin recovery services as well. These three are my personal favorites and the ones I can recommend based on experience and feedback from others. Contacting me with any questions about this article or paper wallets, I will be more than happy to help you! It is very important to research the services you are considering using, just so you know exactly what they offer and what it costs. It is also important to check their reputations and reviews on sites such as Reedit or Bitcointalk.
In the end, it’s good to know that there are ways of recovering your lost Bitcoins through a paper bitcoin recovery service. There are more often than not, cheaper options available as well. And even if you don’t have to recover your lost Bitcoins, just being able to access them again is great!
Have you ever lost your password to a paper wallet? If so, how did you go about recovering them?
Cointracking.info Bitcoin Paper Wallet Recovery Service Bitcointalk.org (thread) Cointracking.info Wallet Recovery Services for Bitcoin (Bitcoin Talk) Bitcointalk.org (topic) Blocker Bitcoinpaperwallet.com Reddit.
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