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Author Topic: Recovery of wallet having private key only  (Read 147 times)
DavidTheSquirrel (OP)
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September 24, 2020, 09:31:55 AM
 #1

I can see that if I have my 12 word mnemonic that I can get back into my wallet using https://login.blockchain.com/recover.

If, by some chance, I only have my Private Key can I still get back to my Wallet and sign in ?
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mocacinno
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September 24, 2020, 09:33:10 AM
 #2

I can see that if I have my 12 word mnemonic that I can get back into my wallet using https://login.blockchain.com/recover.

If, by some chance, I only have my Private Key can I still get back to my Wallet and sign in ?

Even better, if you only have a private key, you can import said key in a decent desktop wallet (like electrum, or bitcoin core) instead of falling in the same trap of online wallets again...

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TryNinja
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September 24, 2020, 09:34:29 AM
 #3

Your entire wallet can be recovered with the 12 word mnemonic. It represents all your addresses.

Each address you own has a private key. If you have the private key of every single one of your addresses, you can pretty much recover the whole wallet. If you only have 1 or 2 private keys, you can only access their respective address.

In this case, you can't use them to login to Blockchain.com, but import the private keys in another wallet (like Electrum.org) and spend your coins from there (only for the addresses you have the private key). If you neither have the private-key of an address nor the 12 word mnemonic, then you can't access that specific address.

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AB de Royse777
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September 24, 2020, 10:49:54 AM
 #4

If, by some chance, I only have my Private Key can I still get back to my Wallet and sign in ?
I guess you are asking if you can sign in to the blockchain.com wallet. The answer is no.
To sign in to the blockchain.com you will need the username, password and other stuffs they ask you but once you have the recover phrase, you actually have everything to access the wallet with other clients. Like Electrum. The posters above me already explained all.

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September 24, 2020, 10:51:40 AM
 #5

If you want to recover your fund using blockchain wallet, you need to create a new wallet and then import that private key into the new wallet.
To do so, click on "setting" button at top of the page and select "Wallets & Addresses". Scroll down to bottom of the page and click on "Import Bitcoin Address". After that enter your private key.

As already suggested in previous posts, the more safe method is to use a non-custodial wallet like Electrum.
You can download Electrum from its offical website.
When creating a wallet in Electrum, select "Import Bitcoin addresses and private keys" and enter your private key.

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September 24, 2020, 02:10:47 PM
 #6

If you are wondering to recover your whole wallet just by a single private key, then no, you can't do it. You can just import your private keys on some other wallet. Although you can import private keys into another new blockchain wallet, but I will not prefer you for that. It's because lately, we have been noticing some problems with blockchain login and verification emails. Remember, if you have only one private key then you will be able to recover funds those addresses belong to that private key. If you have exported all the private keys from your wallet then yes, you can recover all the funds belong to that wallet.

Better to avoid using a web wallet although blockchain declaring their wallet as a noncustodial wallet. Rather than you may choose Electrum open-source SPV wallet and you don't need to download the whole blockchain.

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Bitcoin_Arena
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September 29, 2020, 07:01:39 AM
 #7

Yes it truly important that we most understand the process of signing in to your wallet, I have seen a lot of people that changed their phone maybe it got bad and they bought another each time they try singing in, it not working out, need to understand if we can just use the backup phrase to get back to your wallet and Acces your coin

You haven't specified the type or name of wallet you are using but if it's blockchain.com then yes, you can recover your funds through the 12 word back up phrase if you have it, using this option (https://login.blockchain.com/#/recover) or you can also import your wallet using that same 12-word back up phrase on a much better software wallet like Electrum (https://electrum.org/)

Or it email and password, Is email, password backup phrase needed at the same time to sign in, Like me I can’t get back to one of my wallet, I really wish to get the full understanding of all this all thing about getting back to your wallet
For blockchain.com, there are two options to recover funds
1. Through the backup phrase as explained above (Recommended)

2. Through logging in using your Wallet ID and Password (https://login.blockchain.com/#/login) (Not recommended). If you don't remember you wallet ID, this is when your email address comes in. it's used to recover your wallet id.

The reason Option 2 is not recommended is because of;
  • Phishing attacks - Hackers can easily access your wallet if they have your login credentials or even control of your email address
  • Sometimes there is a failure or delay by blockchain.com in sending account authorization links or Wallet ID reminders in the email address leaving the people who want to access their accounts stranded like in this case or this case

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