Electrum wallet problem

[kensan]

I setup electrum thinking it could store litecoin, come to find out you couldn't. but I initiated a transfer from my exchange to send a litecoin to electrum and it shows pending... still... anyone know what happens to that coin? how can I retrieve it? Thank you

[h55]

Electrum wallet do not work well, but they work on this problem, it will be ok some time later. you can use changer for now. but that will receive to 1$ i think

[groko271]

I setup electrum thinking it could store litecoin, come to find out you couldn't. but I initiated a transfer from my exchange to send a litecoin to electrum and it shows pending... still... anyone know what happens to that coin? how can I retrieve it? Thank you

Which exchange? Are you saying the exchange processed the withdrawal, or is it still pending for withdrawal by the exchange?

[kensan]

hitTBC was the exchange and they processed the withdraw so the coin was removed but it did not arrive to the Electrum wallet. It shows it went through and I made sure the address is correct but because the amount requested on the Electrum was BTC and I transfered Litecoin instead. On Electrum it still shows as processing.

[kensan]

Electrum wallet do not work well, but they work on this problem, it will be ok some time later. you can use changer for now. but that will receive to 1$ i think

What do you mean by using changer? and do you mean it cost $1? Thank you!!

[HCP]

I setup electrum thinking it could store litecoin, come to find out you couldn't. but I initiated a transfer from my exchange to send a litecoin to electrum and it shows pending... still... anyone know what happens to that coin? how can I retrieve it? Thank you

There is a Litecoin fork of the Electrum code here: https://electrum-ltc.org/

As for you current predicament, the only way you could have transferred LTC to a BTC address, is if your BTC address started with a "3" (all other Bitcoin addresses are invalid on the LTC network).

"3" addresses in Electrum are either MultiSig or 2FA wallets... which one was yours? It should be recoverable... but might be a bit of a process to sort out.

[kensan]

I setup electrum thinking it could store litecoin, come to find out you couldn't. but I initiated a transfer from my exchange to send a litecoin to electrum and it shows pending... still... anyone know what happens to that coin? how can I retrieve it? Thank you

There is a Litecoin fork of the Electrum code here: https://electrum-ltc.org/

As for you current predicament, the only way you could have transferred LTC to a BTC address, is if your BTC address started with a "3" (all other Bitcoin addresses are invalid on the LTC network).

"3" addresses in Electrum are either MultiSig or 2FA wallets... which one was yours? It should be recoverable... but might be a bit of a process to sort out.

Thank you HCP. Yes, the receiving BTC address starts with a 3 and it's a 2FA wallet, script type p2sh.
Would you be able to help me to recover that? I am new and very interested in feel positive about the this new asset class for the long run. I don't have much but I can pay you from the recover coin. Thank you.

[TryNinja]

Thank you HCP. Yes, the receiving BTC address starts with a 3 and it's a 2FA wallet, script type p2sh.
Would you be able to help me to recover that? I am new and very interested in feel positive about the this new asset class for the long run. I don't have much but I can pay you from the recover coin. Thank you.

Try this:

1. In Electrum, make a new wallet by choosing: "Wallet with two-factor authentication" -> "I already have a seed" -> Paste your 2FA wallet seed -> Next and select "Disable". (Do not enter a password)
2. Now close Electrum, find the wallet file you just created (check %appdata%/Electrum/wallets) and open it with a text editor.
3. You will find 3 xpub and 2 xprv addresses at the bottom of the file. Save them.
4. Open Electrum-LTC[1] and create a multi-sig wallet with a 2-of-3 scheme with the first xprv address and the other two xpub addresses.
5. Then, make a second wallet for the second signer with the second xprv and the other two xpub addresses.

Edit: If this doesn't work, follow this: https://bitcointalk.org/index.php?topic=2414045.msg24763764#msg24763764

[1] https://electrum-ltc.org/
Source: https://github.com/pooler/electrum-ltc/issues/68

[HCP]

If you want the step-by-step tutorial for recovering LTC sent to an Electrum 2FA wallet... I recommend this YouTube video: https://youtu.be/umsIy1ks8vg?t=2m14s (I've skipped to the start of the tutorial, the first 2m is the guy talking about how/why he did this )

I can personally attest that this method works... I tried it out