Post
Topic
Board Electrum
Merits 2 from 1 user
Re: Securely sweeping a paper wallet into Electrum ok this way?
by
nc50lc
on 02/06/2025, 13:37:26 UTC
⭐ Merited by ABCbits (2)
Questions:
1.
Can I blindly trust and follow this guide?
https://bitcoinelectrum.com/sweeping-your-private-keys-into-electrum/
That should work.
The guide is unofficial but posted by a reputable member of Electrum board.

But when it comes to safety of the coins that you'll sweep, it still depends on the security of your machine.

Quote from: joe1234
2.
Does that mean, after creating a new Electrum wallet and writing down the automatically
generated new seed, the computer could be rebooted without loosing any funds?
You coins are basically backed-up by that seed phrase, it can re-generate all of your private keys even without that exact same computer.

Quote from: joe1234
PS:
After the funds have arrived in Electrum, I will transfer them to the Relai app, which is
linked to my IBAN bank account. This makes trading very easy.
In that case, regarding my note in #1, you may consider doing a cold-storage setup to send it to that app.
You can follow this tutorial for that: /index.php?topic=5524213.msg64885706#msg64885706