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Your Bitcoin paper wallet consists of a private and public key pair, which are displayed as a long sequence of numbers and letters, and their corresponding. Importprivkey YourPaperWalletPrivateKey "optional label" Note that optional label is not required, and it is not used in the below example. One email a day for 7 days, short and educational, guaranteed. You can download installation files as well as the source code from the link below: Get your 12-word phrase handy (you know, the one which was created when you made your Exodus backup and make sure your Exodus is closed. Exodus uses two types of addresses: Legacy (start with "1 and.
The screenshots presented here depict Bitcoin Core and Electrum running on testnet. Check the Paper Wallets Balance (optional). Below are examples using the fo web wallet (import/sweep Electrum client (import/sweep and the Bitcoin Core client (import only). If not, you can cancel the sweep to try again by pressing Clear. If you dont already have import bitcoin core wallet to electrum an account, you can sign up for free. Scrypt type and Derivation path down the road. Script type and Derivation path and click, next. These websites have a search field where you can copy/paste the public key (a.k.a. The first step is to have your Bitcoin paper wallet nearby youll need access to the stuff written. You might do this if you want to reuse your paper wallet as cold storage and dont want the private key lying around on your computer if your computer is ever hacked, the private key wont be there for the attacker to steal. If you have used a stand-alone QR scanner) into the text box and press Add Private Key. Other attacks may also be possible.
Below is import bitcoin core wallet to electrum an example paper wallet generated using bitaddress. To export from bitcoin-qt go into the debug console from the menus, and enter dumpprivkey "1bitcoinaddresshere keep that key safe - it is the key to all coins in that address now, past future. Bitcoin Core is an advanced user wallet requiring potentially many days of setup. Using the Console to import your paper wallet private key. Script type and Derivation path and click, next 6b, if you want to access funds held on your SegWit bech32 addresses, select "native segwit (p2wpkh under. Space, Coinomi, CoPay, Electrum, Exodus, GreenAddress, Jaxx, Ledger, MultiBit, Mycelium, Simple Bitcoin Wallet, Trezor. I don't know the specifics of doing it on Electrum though. This will turn on the Next button. Click Copy Address to copy the address to your clipboard, then close the window. Some great online tools to do this are fo, and. Optional: Remove the Paper Wallets Imported Private Key Once you have confirmed the private key has a zero balance and the sweep has been fully confirmed in the blockchain, you can optionally delete the imported paper wallets private key from Electrum. Nevertheless, beginners routinely find themselves in the desperate situation of having accepted a payment through Bitcoin Core but needing immediate access to the funds. During this process, Bitcoin Core will become unresponsive.
This article assumes youre running Bitcoin Core.16.0 and Electrum.1.3. Press the Import button to proceed. You can verify this by checking the amount next to the imported private key within Electrum is now zero. The reason for the long wait is because the Bitcoin Core client is scanning the entire blockchain to obtain the transactions and balance of the private key. Do not proceed until you understand the risks involved. Its generally recommend to sweep the paper wallet instead of importing. Electrum wont regenerate it correctly unless directed how.
In the next phase of this procedure, youll use the Bitcoin Core private key to create a payment into your Electrum wallet. Get Your Paper Wallet Out. Be sure the fee being paid makes sense, and that the amount being transferred matches your expectation. Of course, scanning a QR code is way easier than typing in a bunch letters and numbers. Here you can either type or copy/paste the paper wallets private key (i.e. If your Bitcoin Core wallet is encrypted and has a passphrase you will need to unlock the wallet temporarily in order to import a private key. It can take up to a few days to sync the blockchain from start. Wait for internal pending sweep to be confirmed on the blockchain and verify a zero remaining balance Once the internal pending sweep is confirmed with a green check mark next to it, you can now safely remove the private key from your wallet. Into the window that pops up, enter the following: p2wpkh-p2sh: private key where private key is the private key you copied from Bitcoin Core. The current balance of your paper wallet will be displayed. Important Stuff To Consider, loading bitcoins to a paper wallet is easy you just send them to the paper wallets address. Select "I already have a seed" and click. Example #1: fo Web Wallet Service (Import or Sweep) In this example, a paper wallet is imported and swept using fos web wallet service.
Dismiss the dialog telling you that payment succeeded. Enter in the full balance of the paper wallet, minus the minimum.0001 BTC miners fee. Youll be asked if its Ok to proceed. Next 4, type in your 12-word phrase from Exodus: 5, click "Options" and select "BIP39 seed". It may not be obvious why the text p2wpkh-p2sh: precedes the private key. First, you will need import bitcoin core wallet to electrum to open your fo wallet account and navigate to Import / Export. Your paper wallet funds will now be available in your Electrum wallet where you are free to spend them wherever. Today were going to learn how to safely send the bitcoins that reside on your Bitcoin paper wallet. Accepting a payment with an unsynced Bitcoin Core wallet is a common beginner mistake. Electrum is a powerful open-source Bitcoin wallet with a plethora of features that allow you to get the most out of your Bitcoin.
A more lengthy, but more secure, procedure for doing so is import bitcoin core wallet to electrum described here. The following window will open asking for a list of private keys to be imported. It can be pasted with ctrl-v or by right-clicking. Example #2: Electrum Client (Import and Sweep) This section will illustrate using Electrum to import the paper wallet private key, and then performing an internal sweep of the imported private key to a different private key. At the time of writing this article, Electrum Android app does not support this method. In this article, you'll learn how to get access to your Exodus BTC funds using Electrum. Getting ready, electrum is available for Windows, MacOS, Linux and Android operating systems. In many cases, this block will be recently-generated.
Finally, click the Send button. Time to completion depends on your computer, but could take days or more than a week of nonstop operation. Copy it by selecting and then pressing ctrl-c or right-clicking. You have two options to get the bitcoins from your paper wallet to your software wallet; scan the QR code or manually type the sequence of letters and numbers by hand. If you want to access funds held on your Legacy addresses, select "legacy (p2pkh under. Be careful not to accidentally scan the private key! The paper wallet private key should never be shared; its used to spend the paper wallet funds. Verify Your Actions: Its best to verify each step of the process is done import bitcoin core wallet to electrum correctly. More accurately, were going to tell you what to do, and then youll know how to. The most visible difference between mainnet and testnet is the format of addresses and private keys. If you do not want to wait this long, please use a thin or web-based wallet as detailed in Examples #1 and #2.