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1  Bitcoin / Electrum / Sweeping paper wallet to Electrum Trezor wallet on: January 08, 2021, 11:51:35 PM
Hi,

I want to safely sweep BTC from my paper wallet (legacy public address generated with bitaddress.org starting with a "1") , into a Trezor One hard wallet. My plan is to hold most of it on a physical wallet (Trezor) and use Binance for trading smaller quantities.

Since Trezor does not have a function to sweep Private Keys, I thought of using Electrum in conjunction with my Trezor for its safety and low fees:
PAPER WALLET -----> ELECTRUM WALLET w/ TREZOR ---------> BINANCE for trading when needed

I'm hesitant of exposing my private keys by typing them in and not working, would appreciate some help to ensure I get it right:
   - Can I use an Electrum Hardware wallet (connected to Trezor) to sweep the private keys directly?My concern is the different protocols processes involved as my paper wallet is a legacy P2pKH address.
      ○ Which type of address should the Electrum with Trezor wallet be? Nested Segwit or Native Segwit?
      ○ When sweeping the private keys, I have to type in p2pkh:kyzetc…. Correct?
      ○ After that I will choose the transaction fee and all my BTC should be available in the new Electrum Wallet?
   - Would this Electrum wallet in conjunction with Trezor be considered safe since it would always require the PIN entry from the physical device?
   - Would I be able to easily transfer from and to my Binance account?

Appreciate the help as I`m still a noob with physical and online wallets. Would also appreciate suggestions on better ways of doing this Smiley
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