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Redeem bitcoin private key


redeem bitcoin private key

transaction fee will be charged. Export: The process of creating a file containing a wallets private key data. Visit the m Forum. Import/Export link, circled in the image below. Importing a private key using the 12-word recovery phrase This method of importing a private key involves using your hand-written 12-word seed phrase that you can obtain from the backup process within the m wallet. On the destination device, simply tap the Scan tab to open your camera. Wallets can import private keys via text files or QR code scanning. Importing a private key using a QR code. If youre switching devices and want to move your Bitcoin wallet to your new device with the m wallet installed, you would select QR Code as your export method. This means if you lose your phone or buy a new laptop you can access your Bitcoin by importing your key(s) from a previously exported backup.

When you load the import/ export tab, fo issues a warning that this is a more technical area of your wallet. This will display your private key QR code (be careful, anyone who scans this will have access to your wallet). If you do not backup your wallet and store this information somewhere safe you run the risk of losing all bitcoins on that address in the event that you lose or damage the device on which your wallet is installed. Type in the Recovery Phrase (usually a string of 12 words) into the appropriate text field at the top of the page. Then I have new bitcoin wallet at fo and I would like to retrieve bitcoins from my paper wallet. Its important at this point to choose a strong password.    You also need to choose whether to either import or sweep your BTC to your wallets address.

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When users are issued with a bitcoin address, they are also issued with a bitcoin private key.
It is usually a 256 bit number and since it is the.
Under Add funds, choose Redeem private key and pick the format that you want to enter the private key.

Now just scan the QR code with your new phone and you will have the same wallet on your new device. Exported keys can be imported to a new/different wallet to give access to the Bitcoins associated with the exported private key(s). Step 2: Write down the 30-digit private key. You can unsubscribe with one click. Once youve clicked to continue, fo asks for you to enter your password one more time. Remember to take basic security precautions. We fxcm forexconnect api recommend fo because its relatively easy to use. . The QR code, if seen, can be photographed or scanned by others in public.

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