Test deposit and withdrawal
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It’s important to make sure everything is working properly before proceeding. You’ll verify this by making a token deposit to, and withdrawal from, your cold storage address on each of the protocols.
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.
- Open your electronic copy of the Cold Storage Information Packet.
- Perform a test deposit.
- Use the wallet software or service of your choice to send a small
transaction to your bitcoin cold storage address.
- Scan your bitcoin cold storage address QR Code from the Cold Storage Information Packet into the wallet software.
- Wait for the Bitcoin network to confirm the transaction at least once. The way you tell whether a transaction has been confirmed varies depending on the software or service you are using to send funds, but it should be displayed prominently.
- Use the wallet software or service of your choice to send a small
transaction to your bitcoin cold storage address.
- Perform a test withdrawal.
- Execute the Withdrawal Protocol to withdraw the remaining balance from cold storage to a regular Bitcoin address of your choice.
- Wait for the Bitcoin network to confirm the transaction at least once. (Instructions for doing this are in the Withdrawal protocol.)
- Repeat the above for Litecoin, Bitcoin Cash, Ether and XRP