Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: How can I import Blockchain.Com Wallet in Bitcoin Core ?
by
NeuroticFish
on 19/08/2022, 10:41:50 UTC
⭐ Merited by DireWolfM14 (1)
I have a Wallet in Blockchain.Com. I want import it to my Bitcoin Core QT. It is not allowing me to import it. Can anyone assist me and guide me step by step to import my Bitcoin Address ?

Thank you for your help.

I also agree with Charles-Tim: it's easier and safer to just create a new wallet into Bitcoin Core and send the funds there. If you use minimum fee (1 sat/vbyte) it will most probably be processed this week-end (maybe even today).
I will add that it's not only that Bitcoin Core cannot use the seed, it's also that since it was user with a web service, I would not consider it that safe.

Plus:
* if you have big amount of funds, you may want to buy a hardware wallet for safety
* keep in mind that Bitcoin Core needs to download the whole blockchain (450 GB) and by default it also stores it (you can prune it, but that can come with other surprises like the need to re-download everything when you change wallet); this means time and resources you have to be prepared for.
* you will have to keep backup of your bitcoin core wallet.dat file
* if you think that bitcoin core is not the best option for you, maybe you take a look at SPV wallets (simple wallets) that don't need so much resources (they connect to external servers) like Electrum or Sparrow.