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Showing 4 of 4 results by decarabas
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Board Beginners & Help
Re: PK question from Electrum to Trezor
by
decarabas
on 24/06/2019, 20:37:29 UTC
Thank you SO much for explaining...it's all starting to make sense  Smiley
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Topic
Board Beginners & Help
Re: PK question from Electrum to Trezor
by
decarabas
on 24/06/2019, 17:56:06 UTC
Thanks for getting back. I did transfer the funds to Trezor but was confused to still see the private key in Electrum. Did transferring the funds create a new private key in Trezor that contains the funds?
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Board Beginners & Help
Merits 2 from 2 users
Topic OP
PK question from Electrum to Trezor
by
decarabas
on 24/06/2019, 15:47:55 UTC
⭐ Merited by OmegaStarScream (1) ,o_e_l_e_o (1)
I haven't been able to find an answer on the forum so trying my luck here. Looking to get my PK's into Trezor.

Bought BTC on Exodus
Exported PK to Electrum then realized I should have swept
Swept to Electrum - BTC now off Exodus
Plugged in Trezor and transfered BTC successfully

If I understand correctly my PK is still on Electrum? Do I just sweep my PK to Trezor?

Thanks for any help
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Topic
Board Beginners & Help
Re: Importing Vs Sweeping Private Keys; What you need to know.
by
decarabas
on 24/06/2019, 00:17:53 UTC
logfiles, " In case user want to keep old wallet then importing PK in new wallet is good option, but realistically increases the risk because PK are then in two wallets.

Much better option is sweeping, when you send coins to new wallet/address, old wallet remains empty and thus the risk decreases. Private keys are most important thing, it is something that which really allows us to control coins on blockchain. Often people think that they keep coins in wallets, but we actually own private keys. "



I just want say a million thanks for those 5 lines. I have been scouring the net for that answer and finally understand why I can see my balance in the old wallet. I should have swept my keys instead of importing as I wanted to move to Elecrum and leave Exodus.

My question is this...if I now sweep my PK's after already exporting them, will it cause any issues in Electrum?

Thanks again!