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Author Topic: sweep open dime to nano s  (Read 197 times)
rich1616 (OP)
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July 25, 2018, 11:11:11 AM
 #1

Hi all.can i send BTC from open dime to nano s.Any help much appreciated.
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bob123
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July 25, 2018, 11:17:09 AM
 #2

Yes.
First you need to completely initialize your nano s and get a receiving address.

Then you have to extract the private key ouf ot the open dime 'wallet'.

According to their FAQ (https://opendime.com/faq):
Quote
To be able to move the funds, you must push a pin through the hole marked on the back, or in version 1, break out the middle part of the Opendime.

Once the piece has been broken out, the file contents will change and the private key will be revealed in the private-key.txt file and QR code image. There is no way back, and once unsealed, you should move the funds into another wallet.

Import the private key (private-key.txt) into any Bitcoin wallet to be able to "sweep up" the funds and spend them as needed.

There is also a python program (advanced/balance.py) which can be used to move the funds out and check balance when sealed.

Then you will have to import the private key into a wallet (preferably lightweight client), for example electrum (https://electrum.org/#home) and create a transaction from electrum to your 'receive-address' from your nano s.

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July 26, 2018, 09:07:30 PM
 #3

Hey bob123.Thanks for help.It seems odd that i cant send btc direct to nano when it has a btc receive address.Do you why i have to send via electrum etc ? Not doubting your info btw,just learning. : )
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July 28, 2018, 03:30:59 PM
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Hey bob123.Thanks for help.It seems odd that i cant send btc direct to nano when it has a btc receive address.Do you why i have to send via electrum etc ? Not doubting your info btw,just learning. : )

The problem is that Open Dime isn't a real 'wallet'.
It is a small device which holds one private key.

It either shows you the receiving address, or the private key (if you 'break' it).

The nano s is a hardware wallet based on your seed. It is not possible to import private keys into it (and thats good so, it would completely destroy the purpose since the seed HAS to be created in a secured offline environment, in nanos case: the device itself).
If you would be able to import a private key into the nano s, it might be compromised, compromising the overall security of your device.

Therefore you first have to import the private key into a wallet (e.g. electrum) and then afterwards create a transaction from this private key to your receiving address from the nano s.

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July 28, 2018, 08:40:59 PM
 #5

Thanks for very helpfull info.
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July 29, 2018, 12:06:59 AM
 #6

If you don't want to install another wallet, you can always just use a service like coinb.in to sweep the coins directly to a receive address from your Nano S: https://coinb.in/#newTransaction

However, that certainly isn't as "fool-proof" as using Electrum to sweep the coins... as you need to be able to calculate an appropriate fee taking into account current network conditions, whereas Electrum will do this for you. Also there are security considerations with using websites and private keys... not exactly a "big" deal if you're "sweeping" coins and will not be re-using the private key, but something to bear in mind.

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TryNinja
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July 29, 2018, 02:51:46 PM
 #7

what about xpm or other coins how can we sweep our other coins?
"Sweeping" is basically sending the whole balance of a wallet to a specific address. If you want to "sweep" a different coin, you need a supported wallet that has this feature. If it doesn't exist, you can just import your private key in the coin's supported wallet and send all the coins to your final address. The result will be the same.

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