Author

Topic: Noob question about adding coin to wallet (I want to make sure I did this right) (Read 1256 times)

copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
Will the seed get your private keys back too, or should you back those up too?

The seed is all you need when you backup electrum. All private keys derive from it, unless you import them from another source.
newbie
Activity: 8
Merit: 0
Will the seed get your private keys back too, or should you back those up too?
newbie
Activity: 2
Merit: 0
Will do. Thanks for quelling my paranoia!  Cheesy
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
1. Download and run Electrum standalone
2. Memorize/Save seed
3. Send BTC to one of the four addresses under Receive tab > Main account > Receiving
4. Wait for BTC to reach wallet

Please tell me I didn't skip a step and just lost $50-worth of coin!

Nope, sounds good. Make sure you safe the seed properly. Probably best to safe it offline on paper or something similar. If safed digitally encrypt it.
newbie
Activity: 2
Merit: 0
1. Download and run Electrum standalone
2. Memorize/Save seed
3. Send BTC to one of the four addresses under Receive tab > Main account > Receiving
4. Wait for BTC to reach wallet

Please tell me I didn't skip a step and just lost $50-worth of coin!
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