- With a same seed, you can create two types of addresses in Electrum: Legacy and Segwit.
You will need different seed phrases to do this. Unlike BIP39 seed phrases, Electrum seed phrases have a version byte built in to them, which specifies whether the seed phrase will generate a Legacy wallet or a Segwit wallet.- With a same seed, you can create two types of addresses in Electrum: Legacy and Segwit. You can choose Legacy for your first wallet file (you can name the file as Legacy) and the second file as Segwit (name it as Segwit).
From the same seed, you can generate address for legacy, nested segwit and native segwit as it is explained above, but about creating another wallet from electrum, you will need to generate another seed phrase. You click on wallet
Then click on new
Enter wallet name, for the new wallet you want to create
Click on next
Then click on standard wallet
Click on create a new seed
Click on Segwit or Legacy
It will generate new seed phrase for your second wallet.
You can manage legacy wallet on the first and segwit on the second, but these are two wallets entirely with different seed phrase, but on the same electrum wallet app.
