Post
Topic
Board Development & Technical Discussion
Merits 3 from 3 users
Re: Help me understand pkey + “spending twice”
by
odolvlobo
on 09/09/2021, 17:29:31 UTC
⭐ Merited by PrimeNumber7 (1) ,ETFbitcoin (1) ,glascake (1)
Rather than "sweeping" the private key periodically, it would probably be more convenient to create another electrum wallet using that private key.
1. Select "Create new wallet" or "New/Restore".
2. Name the new wallet.
3. Select "Import Bitcoin addresses or private keys".

thats a good idea, but if i want to send the bitcoin i still would have to pay the "high" transactoin fee

It's potentially one less fee:

Code:
imported wallet ⟶ payee

instead of

Code:
private key ⟶ wallet ⟶ payee