PK question from Electrum to Trezor | Bitcointalksearch.org

decarabas

newbie

Activity: 4

Merit: 2

Thank you SO much for explaining...it's all starting to make sense

TryNinja

legendary

Activity: 2758

Merit: 6830

Quote from: decarabas on June 24, 2019, 12:56:06 PM

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?

Trezor will generate its own addresses (and consequently private-keys). They will never leave your hardware device, so that's why they are WAY more secure.

You sent the coins from your Electrum address to your Trezor address (different addresses).

decarabas

newbie

Activity: 4

Merit: 2

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?

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Unlike importing, sweeping is basically sending the funds from the address associated with the private key to one of your Trezor/Electrum addresses. In other words, If you sweep, the private key will no longer contain funds.

Trezor doesn't allow sweeping private keys directly. You can, however, achieve that by using Trezor with Electrum. If you already transferred the funds to Trezor (which is what I understood you did), there is no need to do anything else.

decarabas

newbie

Activity: 4

Merit: 2

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

Topic: PK question from Electrum to Trezor (Read 193 times)