How to get a coin to a wallet

[UserWithQuestions]

Hello,

My friend gave me a bitcoin-coin (a physical coin) as a present that is supposed to hold 0.001 bitcoins.

I have Electrum, https://electrum.org/, but I do not understand how to import this physical coin into my wallet.

Does anyone have a specific tutorial available for this use case on for example YouTube?

[NotATether]

Looks like your friend must have gave you one of those physical bitcoin collectibles with loaded BTC inside.

Technically, there should be some area you can scratch off to reveal the private key which you can then import into Electrum.

I wouldn't do that though - did you know that physical Bitcoins are more valuable when they are sealed? That's because they aren't produced anymore, so their rarity makes them fetch higher prices in collectibles marketplaces like this board.

[SilverCryptoBullet]

My friend gave me a bitcoin-coin (a physical coin) as a present that is supposed to hold 0.001 bitcoins.

You will have to import its private key, and check its balance to know that it actually has 0.001 BTC.

I have Electrum, https://electrum.org/, but I do not understand how to import this physical coin into my wallet.

If it is not scam, you will find a private key for importing.

Importing your Private keys into Electrum wallet.

Later when you store bigger fund with Electrum wallet, you have to learn to use it more safely.
[GUIDE] How to Safely Download and Verify Electrum.
he paranoid user's security guide for using Electrum safely.

[hero_the_bossman]

Looks like your friend must have gave you one of those physical bitcoin collectibles with loaded BTC inside.

Technically, there should be some area you can scratch off to reveal the private key which you can then import into Electrum.

I wouldn't do that though - did you know that physical Bitcoins are more valuable when they are sealed? That's because they aren't produced anymore, so their rarity makes them fetch higher prices in collectibles marketplaces like this board.

Another question would be then what makes a physical copy more "rare", so to speak - and what would make its price higher in the eyes of the others who collects them?
The older it is - the better the odds of getting yourself a good deal?

[BlackBoss_]

2. Open electrum
3. Import the private key: click wallet -> private keys -> import. If it is qr code, click qr code icon next to the import button.

Scan QR code is only possible if you use Electrum mobile, and with Electrum for desktop, you can not scan QR code.

Mobile devices are suitable for hot wallets and with small funds. If you want to store big fund, at least big fund with you, you have to use a computer, laptop that is safer than a mobile device. Best if you can have an airgap computer or laptop for your Electrum wallet.

Another question would be then what makes a physical copy more "rare", so to speak - and what would make its price higher in the eyes of the others who collects them?
The older it is - the better the odds of getting yourself a good deal?

It's about physical stuff that is used to attach Bitcoin private key. 0.001 BTC is always like this, and value of that collectible can change with Bitcoin price and with that physical stuff value.

Collectibles are risky, if the issuers are scammers, they will sweep private keys and steal your bitcoin.

[0gravity]

Hello,

My friend gave me a bitcoin-coin (a physical coin) as a present that is supposed to hold 0.001 bitcoins.

I have Electrum, https://electrum.org/, but I do not understand how to import this physical coin into my wallet.

Does anyone have a specific tutorial available for this use case on for example YouTube?

Do you have private key if you have then go to electrim or trust walet you will able to get your Bitcoins back

[Breukelen]

I bet a mint condition collectable like that would fetch more on ebay or other auction site than what the BTC is worth. Its like a rare coin (literally!)

[Z-tight]

Do you have private key if you have then go to electrim or trust walet you will able to get your Bitcoins back

Trust wallet? No way. Trust wallet is a closed source multi coin wallet, there is no need for op to take the risk of using a closed source wallet, when there are many recommended open source BTC wallet to use.

Does anyone have a specific tutorial available for this use case on for example YouTube?

You have already gotten your answer from users who have posted before me. I just want to add that you should be careful importing your seed phrase or private keys into an online device, if the device is infected with malware, your funds would be stolen as soon as you import your keys.

[alexeyneu]

really what you have is cold wallet with some btc on it. i use 'sweep' in coinomi for this kind of stuff. Just do not like electrum interface and sweep is more clear than import for me.