Deposit execution

Depositing funds requires the Internet, and does not require handling any critically sensitive cold storage data, so you can use any Internet-connected computer for this section.

You will need access to an electronic and paper copy of your Cold Storage Information Packet.

1. If you are depositing a large amount, consider making a small deposit as a test followed by a second deposit for the remainder.
2. Verify cold storage address.
   1. Get one of the paper Cold Storage Information Packets containing your cold storage address.
   2. Open your electronic copy of the Cold Storage Information Packet. If you’ve lost access to it, you’ll need to recreate a new electronic copy by transcribing one of the hardcopies (attached to each public key) by hand.
   3. Visually verify that the cold storage addresses are identical in the electronic copy and paper copy. This is to insure that the electronic copy was not damaged, hacked, accidentally changed due to a typo, etc.
   4. Return the paper Cold Storage Information Packet to its normal secure storage.
   5. Confirm this deposit address with your signatories.
3. Perform the deposit.

   1. Use the wallet software or service of your choice to prepare to send the desired amount of funds to your cold storage address. Crypto networks require a fee to process transactions. We recommend you use a wallet service that either covers the fees for you or recommends a fee amount automatically, which most do.

      Enter all necessary transaction information, but do not actually execute the transaction.

      1. Copy-paste your cold storage address from the Cold Storage Information Packet into the wallet software. You may also choose to scan the Cold storage address QR Code
   2. Double-check that the address you pasted or scanned matches the address in the Cold Storage Information Packet and that confirmed by the other signatories. If you use the wrong address, you will lose all of your funds with no recourse.
   3. Execute the transaction.
4. Verify the deposit on the public blockchain.
   1. Go to a block explorer, paste the address into the search bar, and press Enter. You’ll be taken to a page that shows your cold storage address listed.
   2. Within a couple of minutes (and often much faster), you should be able to refresh this page and see your funds listed.
   3. Periodically refresh the page until you see the funds moved from “Unconfirmed” to be reflected in “Balance”. This generally happens within 15 minutes; if the network is unusually congested, it may take longer.

Your funds are now secured in cold storage.

If this was your first deposit to this cold storage address, proceed to the next section. Otherwise, you have completed the Deposit Protocol.