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1. #ELECTRUM LTC STANDARD VS IMPORT ADDRESSES AND PRIVATE KEYS HOW TO#
2. #ELECTRUM LTC STANDARD VS IMPORT ADDRESSES AND PRIVATE KEYS SOFTWARE#

So basically your funds can be accessed using both the wallets. By importing the private key and the wallet address associated with it becomes part of the electrum wallet. You’ll have to create a new electrum wallet to just import private keys. Importing private keys: If you’ve already setup electrum wallet then you cannot import private keys into that wallet. You can either import private keys or sweep private keys into electrum wallet.ġ. To get your coins from paper / core wallet into electrum wallet you have two options. But what is the difference between importing and sweeping private keys in to electrum wallet? Import or Sweep? Once you have the private keys you can either import or sweep them into electrum wallet.

#ELECTRUM LTC STANDARD VS IMPORT ADDRESSES AND PRIVATE KEYS HOW TO#

Now using the following guide learn how to export private keys from core wallet. So first you need to decide on which wallet address you have the coins held and which one you’d like to import. Okay, but where can I find the private keys of my core wallet? Your core wallet consist of many different wallet addresses and each wallet address has its own private keys. We hope you have the private keys stored safely which is what we need to import or sweep funds. While creating paper wallet you are provided with both public and private keys. Whether you are moving from core wallet to electrum wallet or like to import paper wallet to electrum you’ll just need the private keys of that particular wallet. So in addition to importing paper wallet to electrum we’ll also cover importing core wallet to electrum.

For this particular reason users prefer light weight wallet client like electrum. But then this wallet still consumes a lot of resources. Users of Bitcoin QT wallet have blockchain punning and additionally they can move the wallet files to any hard drive to save disk space. Here in this beginners guide we’ll show you how to import / sweep private keys into electrum wallet.Īlso read: How to import XVG electrum wallet to QT wallet Core and Paper wallet private keys If you are using core or paper wallet for any of these coins then at one point of time you may wish to switch to electrum wallet. Not just for Bitcoin but Electrum wallet is also available for Litecoin, Bitcoin Cash, Dash, Verge, ZClassic and many other popular Cryptocurrencies. Bitcoin Electrum is a light weight wallet that uses less resource and it is fast, secure and easy to use. You can import / sweep the paper wallet into core wallet however due to huge blockchain file size most users prefer a light weight wallet. You can do this by importing the private key or by sweeping the private keys of the paper wallet.

#ELECTRUM LTC STANDARD VS IMPORT ADDRESSES AND PRIVATE KEYS SOFTWARE#

Sending in coins into paper wallet is easy but the thing is to spend those coins you need to import it into a software wallet that has that functionality. It is a cold storage wallet that is safe, secure and easy to maintain. If you’d like to hold Bitcoins or any other Cryptocurrencies for a long time then many will recommend you to generate a paper wallet.