Difference between revisions of "Tutorials: How to import or sweep a private key from a paper wallet"
Lasvegas83 (talk | contribs) (typo correction) |
Lasvegas83 (talk | contribs) |
||
Line 13: | Line 13: | ||
<li> Make sure it is fully synced</li> | <li> Make sure it is fully synced</li> | ||
<li> On the menu navigate to 'Help' then 'Debug window' then on 'Console'</li> | <li> On the menu navigate to 'Help' then 'Debug window' then on 'Console'</li> | ||
+ | <li> If you have an encrypted wallet (recommended), you need to unlock it temporarily by:<code> walletpassphrase yourpassphrase 120</code></li> | ||
<li> Type:<code> importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"</code></li> | <li> Type:<code> importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"</code></li> | ||
<li> Wait a few seconds or minutes until the command pront returns, then its done.</li> | <li> Wait a few seconds or minutes until the command pront returns, then its done.</li> | ||
<li> Its advisable to send the full amout of the paper walllet</li> | <li> Its advisable to send the full amout of the paper walllet</li> |
Revision as of 23:38, 18 June 2019
Remember! If you import from the paper wallet to a software wallet the balance will be available on both. |
If someone gets hold of your paper wallet you can still loose your funds on the software walllet.
The safest method is to SWEEP your private key, basically its sending a transaction to yourself. After the sweep is complete, the paper wallet is completely depleted of funds and all of the private key’s cloaks now belong to a new private key in the software wallet. You do this by:
walletpassphrase yourpassphrase 120
importprivkey YourPaperWalletPrivateKey "OPTIONAL LABEL"