There are several ways to generate a Bitcoin wallet, such as using paper and pencil, creating a Bitcoin address or an account number with another Bitcoin application or even scanning a QR code that has been created on the computer. When it comes down to it, there is no one way that everyone will choose to receive and store their bitcoins. There is however one great tool for keeping your coins safe and secure: the Paper Wallet.
A Bitcoin paper wallet is nothing more than an electronic version of those old-school pieces of white paper containing monetary value (paper money) for safety purposes. Moreover, no tools like pens needed for this process as you’ll be making use of your computer as well as its printer to create these Bitcoins wallets; therefore all you need is some plain piece of A4 size paper and the ability to print something on it.