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Title: watch wallet Post by: ufkapn on February 22, 2021, 07:03:35 PM how do i send bitcoin from my watch wallet only to my standard wallet
Title: Re: watch wallet Post by: Charles-Tim on February 22, 2021, 07:06:35 PM If you have a watch-only wallet, that means you have cold wallet that actually will be used for private key saving offline, you will need the cold wallet to sign a transaction generated from the watch-only wallet. Which means you can generate the trasaction from the watch-only wallet and use the cold wallet to sign it.
Title: Re: watch wallet Post by: BitMaxz on February 22, 2021, 07:11:19 PM Did you just import a public key or address to Electrum wallet and become a watch-only wallet?
If you don't have full control of the private key/seed of that watch-only wallet then you can't able to transfer any Bitcoin from watch-wallet to another wallet. Do you have the seed/private key to this wallet? Title: Re: watch wallet Post by: DireWolfM14 on February 22, 2021, 07:21:57 PM how do i send bitcoin from my watch wallet only to my standard wallet Bitcoin isn't stored in a "watch-only" wallet or a "standard" wallet, it's stored on the blockchain. Wallet software, such as Electrum is a piece of software that interacts with the blockchain, it doesn't actually contain the bitcoin. Your "watch-only" and your "standard" wallets show the same information that they obtain from the blockchain, so both should be able to display the bitcoin associated with your public and private keys (respectively.) A "watch-only" wallet is incapable of sending bitcoin because it doesn't have the ability to sign transactions. If you restore your wallet using the seed phrase (you should have written it down on paper when you created the wallet) you'll be able to sign transactions, and send the bitcoin wherever you like. Title: Re: watch wallet Post by: 10_sjdovn_10 on February 25, 2021, 09:01:42 AM If you import public address (that one starts with 1) it acts like a watch-only, showing amount of bitcoin
If you import private key, then you can access your bitcoins. seeds are just for using an electrum wallet, it recover your wallet which have many addresses. Title: Re: watch wallet Post by: pooya87 on February 26, 2021, 03:51:51 AM seeds are just for using an electrum wallet, it recover your wallet which have many addresses. Seed phrases are not only used by Electrum, all the HD wallets use them. Nowadays all the existing wallets are HD wallets and deterministically derive their keys even if they don't give you a mnemonic. The algorithm they use may be different, majority use BIP39 while Electrum uses both BIP39 and its own scheme. |