How do I import my bitcoins (BTC) from a paper wallet to a software wallet | Bity Help Center (2024)
There are a number of wallets that can be used to import your BTC from a paper wallet to a software wallet. Below are the instructions to use Exodus Wallet for this purpose:
Important: Keep your secret 12-word safe - Handwritten and not saved in any electronic device. It is the ONLY way to recover your funds if you lose access to your wallet!
Select your Bitcoin wallet
Click on the Options icon (top right of your screen)
Tap ”Add Bitcoin from Private Keys”
Scan the QR code of your BTC private key (or write it manually) and click on ”Import”
That’s it, your BTC are being imported into your Exodus wallet!
Important notes:
1) Never show or send your QR code/Private keys to anyone You must be the only one who knows it
2) Do not trust anyone on the internet asking you to send them your cryptos and that they will trade it for you and make you earn money
3) Keep your tickets safe, if you have any issue with your transaction they will be asked by our Support
Any wallet that supports importing private keys will work. For example, with the Bitcoin.com
Bitcoin.com
As a cryptocurrency company, Bitcoin.com provides products, services, and information related to the purchasing, selling, storing, and using of cryptocurrencies. Bitcoin.com's flagship product is the Bitcoin.com Wallet, a platform for buying, selling, trading, holding, using, and managing cryptocurrencies.
Wallet app, you simply tap ADD/IMPORT and follow the instructions. Once you have successfully imported your paper wallet to your "hot" wallet, any funds previously sent to the paper wallet are now ready to spend.
To import a paper Bitcoin wallet, you need to follow these steps:
Open your software wallet: Open your software wallet, such as Electrum or Mycelium, and find the option to "Import Private Key" or "Sweep Private Key."
Obtain the private key: Find the private key associated with the paper wallet you want to import.
To transfer bitcoins from a paper wallet to other wallets, you need to either import or sweep the private key of the paper wallet into the software wallet. Importing or sweeping a paper wallet can be done by scanning the QR code or typing the private key manually.
Funds in a paper wallet can be retrieved by "sweeping" them into a software wallet (like Trezor or Exodus) or an exchange platform (such as Coinbase). Two main exceptions exist in this process. The first involves BIP38-encrypted private keys, which are not universally supported for direct import.
A paper wallet is a printed piece of paper containing keys and QR codes used to facilitate your cryptocurrency transactions. Because keys are removed from devices with internet connections, paper wallets were considered more secure than other forms of cryptocurrency storage.
A: To transfer Bitcoin to a bank account, sell your Bitcoin on a crypto exchange for fiat currency. Link your bank account to the exchange, complete identity verification, and then withdraw the fiat cash to your bank account. Withdrawal times and fees vary depending on the exchange.
After a user gets the paper wallet printout, they insert cash into the Bitcoin ATM to buy bitcoin. The bitcoin they purchase will be sent to the address printed on the paper wallet. The user can verify the bitcoin purchased using a block explorer and searching for the paper wallet address.
You can simply withdraw your $NOT Coins to the default Wallet in Telegram or your favorite Crypto Exchange. 4. To withdraw your Coins to other Exchanges, you will select either of OKX, Binance or Bybit. A withdrawal fee of 1.5% applies to any you choose.
How to withdraw/spend bitcoins using a paper wallet. The way you will access your funds will be to "import" or "sweep" your paper wallet. This effectively transfers the coins from your paper wallet to a live wallet (e.g. Mycelium or Trezor) or to an exchange service (e.g. Coinbase.com).
Go to a blockchain explorer website like Blockchain.info.Enter the public key.You enter it manually or check paper wallet for the QR code and scan. The block explorer will find your wallet address that stores your whole transaction history, along with your BTC balance.
A WIF (Wallet Import Format) private key is an address-style format for a private key. It's used when exporting and importing private keys between bitcoin wallets. It's mainly a Base58 encoding of the private key, but also includes some extra useful data and a checksum.
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