Bread Wallet now Coinbase Wallet - Help Needed

[Morpheus Eberhardt]

Thanks for all of the suggestions.

1- I followed the instructions provided on the BRD website for "Coinbase Wallet Migration".

2- After entering my passphrase, picking a username, and picking a passcode, Coinbase Wallet gave me an error saying "There was an error creating an account for you. Please wait a moment, and try again."

3- When I tried again latter, it said the username I had entered was no longer available.

4- I picked a new username; I received the same error message again.

5- I keep on getting the same error message every time that I try.

Anybody has any suggestions? In particular, can I stop wasting time with the Coinbase Wallet at this stage and try another compatible wallet.

[1714118211]

1714118211

[Pmalek]

BRD wallet does not use the standard BIP44 based derivation paths of m/xx'/0'/0', but rather the older style BIP32 paths of m/0'. Simply selecting the script type will lead to empty wallets. You either need to select the script type and then change the derivation path to m/0', or more simply just hit the "Detect existing accounts" button.

Yeah, I just noticed that by looking at https://walletsrecovery.org/. But Electrum should discover the correct path by clicking on the button we both suggested.

I don't know if BRD uses the usual m/44'/60'/0' or m/0' for Ethereum, and I can't find any clear documentation online, so you'll need to check both.

Judging by this reddit post (https://www.reddit.com/r/Bitcoin/comments/tu6nmj/brd_wallet_closed_12_word_seed_phrase_does_not/), the derivation path BRD uses for Ethereum should be the same as used by other software wallets like Trust Wallet, Coinbase, or Exodus. Those are also some options that can be tried. I don't recommend those wallets though. That reddit user recovered his ETH, but he was struggling with his BTC due to the different standard as you mentioned above.

Anybody has any suggestions? In particular, can I stop wasting time with the Coinbase Wallet at this stage and try another compatible wallet.

Check what I wrote previously and o_e_l_e_o's comments about the derivation path and you shouldn't have issues getting it to work.

[o_e_l_e_o]

In particular, can I stop wasting time with the Coinbase Wallet at this stage and try another compatible wallet.

You can and you should. Coinbase as a company are incredibly shady and do not care about their users at all. Their wallet is closed source, has poor security, lacks many useful features, provides absolutely zero privacy, and allows Coinbase to monitor everything you do. For Bitcoin, I would suggest using Electrum as Pmalek has said above. I have no idea what is a good Ethereum wallet, but look for something reputable and open source. MetaMask and MyEtherWallet seem to be talked about the most, but as far as I know they both run from your browser, which is a major downside. A good hardware wallet would be the best trade off between ease of use and security when it comes to altcoins.

[hosseinimr93]

MetaMask and MyEtherWallet seem to be talked about the most, but as far as I know they both run from your browser, which is a major downside.

You don't have to use MetaMask on your browser. Its application can be installed on both Android and IOS devices.
Of course, it's still a hot wallet and as you suggested, it's better if Morpheus Eberhardt uses a hardware wallet.

[Morpheus Eberhardt]

Thanks guys for your help.

I have been successful recovering my ETH; however, regarding the BTC, I installed Electrum and haven't yet been able to recover any of my BTC from the BRD wallet.

This is roughly what has happened:

1- I installed Electrum.

2- I used my recovery phrase to create a new wallet. I can't remember all of the exact selections I made, but I believe that I selected BIP39 path of m/0'.

3- What I get is a small list of 4 transactions where all of the BTC receipts are correct, but for each receipt there is a corresponding deduction of equal value on the day following the receipt, leaving the final BTC balance equal to zero.

4- I know that the last time the BRD wallet was functioning I had some BTC in my BRD wallet. A dump of my BRD wallet activity shows that there should be some BTC there.

Any suggestions or help would be much appreciated.

[nc50lc]

2- I used my recovery phrase to create a new wallet. I can't remember all of the exact selections I made, but I believe that I selected BIP39 path of m/0'.

This doesn't look like the result of "Detect Existing Accounts".
The results of detect existing accounts shouldn't have the derivation path " m/0' " indicated,
instead, it should either be one of the "description" in this list + the account index: github.com/spesmilo/electrum/blob/master/electrum/bip39_wallet_formats.json
e.g.: Non-standard legacy (account 0)

Anyways, if there's a list after using the automatic account detection, then there's more than one derivation path that contain bitcoins.
In that case, restore as much wallets as the results.
You can restore the other accounts by using the menu "File->New Restore" and select the other path for the new wallet.

[Morpheus Eberhardt]

This doesn't look like the result of "Detect Existing Accounts".

Thanks for the reply.

This is what I have been doing:

1- Created a new "standard" wallet.

2- Gave it a name.

3- Selected "I already have a seed."

4- Selected seed type BIP39.

5- Typed in the seed phrase.

6- Selected "Detect existing accounts." It still had the legacy account selected and m/0' shown in the box below it.

I appreciate any suggestions.

[nc50lc]

6- Selected "Detect existing accounts." It still had the legacy account selected and m/0' shown in the box below it.

Then in the previous reply, you mean you've selected "Non-standard Legacy (account 0)" then it auto-selected legacy and auto-edited the derivation path.

How many results did you get? Just that one?
If that's the case, then Electrum couldn't find any bitcoins from all of the listed paths in the link in my previous post.
There's none in the second account index of that particular path either.

[Morpheus Eberhardt]

How many results did you get? Just that one?

Can you please elaborate further regarding this question? All I got were two entries corresponding to my BTC transfers to BRD Wallet and two entries of equal value to the receipt values, which I assume correspond to me converting part of each of the amounts received to ETH.

Would you suggest that I use something other than Electrum for recovering my BTC in the BRD wallet?

[Morpheus Eberhardt]

You should definitely be able to make a BTC and ETH transaction sending your entire balance to these wallets though, as that should always work.

But BRD wallet is not functional any more; so I can't use it to send anything.

[nc50lc]

Can you please elaborate further regarding this question? All I got were two entries corresponding to my BTC transfers to BRD Wallet and two entries of equal value to the receipt values, which I assume correspond to me converting part of each of the amounts received to ETH.
-snip-

This (testnet):

It shows an example where it detected two "accounts" with transaction history.

If there's only one result, then there's no other derivation paths detected and that was the sole derivation path with transaction history.
To go further, you can try other derivation paths that's not listed in the link in my reply above
but I have no idea what other paths BRD wallet used.

[Morpheus Eberhardt]

If there's only one result, then there's no other derivation paths detected and that was the sole derivation path with transaction history.
To go further, you can try other derivation paths that's not listed in the link in my reply above
but I have no idea what other paths BRD wallet used.

Thanks nc50lc.

Yes, the BIP39 Recovery popup window showed only one result, which was "Non-standard legacy (Account 0)".

Is there, somewhere, a list of derivation paths that can be tried? Is it possible that I need a modified derivation path for return transactions?

[nc50lc]

-snip-
Is there, somewhere, a list of derivation paths that can be tried? Is it possible that I need a modified derivation path for return transactions?

Unfortunately, derivation path is specific to the wallet.
AFAIK and as others have said, BRD used " m/0' " which is the path for "Non-standard legacy (Account 0)".

You can try to generate more address to see if your bitcoins is in your addresses higher than Electrum's default gap limit.
Enable the console tab (View->Show Console) and open it, type:

Code:

[wallet.create_new_address(False) for i in range(300)]

And for the change addresses:

Code:

[wallet.create_new_address(True) for i in range(300)]

Those will force Electrum to derive 300 more addresses past the gap limit.

[Morpheus Eberhardt]

You can try to generate more address to see if your bitcoins is in your addresses higher than Electrum's default gap limit.

nc50lc,

I actually found the address for my remaining BTC on the BRD wallet. Can I use this address to recover it?

[nc50lc]

You can try to generate more address to see if your bitcoins is in your addresses higher than Electrum's default gap limit.

I actually found the addresses for my remaining BTC on the BRD wallet. Can I use these addresses to recover them?

You mean it's among the newly derived addresses?
Then the balance should be updated after it appeared in the 'addresses' tab, check the history tab if more transactions appeared.

If 300 isn't enough, you can increase the amount of addresses to generate by changing "300" into any value depending on your BRD wallet's history.

[Morpheus Eberhardt]

You mean it's among the newly derived addresses?

I haven't yet gotten to use the method you suggested in your previous message. What I meant is that I have found my missing BTC's address in the blockchain explorer. Wouldn't Electrum be able to recover the BTC using this exact address and my recovery phrase?

By the way, according to Pmalek "… native segwit if they begin with bc1 …", and my BTC address actually begins with "bc1".

[nc50lc]

You mean it's among the newly derived addresses?

What I meant is that I have found my missing BTC's address in the blockchain explorer. Wouldn't Electrum be able to recover the BTC using this exact address and my recovery phrase?

By the way, according to Pmalek "… native segwit if they begin with bc1 …", and my BTC address actually begins with "bc1".

No, Electrum can't guess what derivation path to use in order to derive that address.
Addresses don't contain info about their derivation path.

Since it's bc1, you can try to restore another wallet by selecting "native segwit (p2wpkh)" then edit the derivation path below into m/0'
But I highly doubt it's there since it's included in the list of paths "Detect Existing Accounts" check.
The standard paths are also there (the 3 options without editing the derivation path),
and since there's only one result, only legacy " m/0' " has transaction history.

[Morpheus Eberhardt]

Since it's bc1, you can try to restore another wallet by selecting "native segwit (p2wpkh)" then edit the derivation path below into m/0'

Thanks, nc50lc. Your suggestion worked.

So to recover my BTC from BRD wallet, I ended up selecting the Electrum options of "native segwit (p2wpkh)" with a derivation path of "m/0'".

[Pmalek]

So to recover my BTC from BRD wallet, I ended up selecting the Electrum options of "native segwit (p2wpkh)" with a derivation path of "m/0'".

Good to know. Does the recovered wallet contain your entire Bitcoin portfolio as you remember it or do you believe you should have more? If you have access to everything now, you are done with the recovery procedure.

What you should consider doing now is creating a brand-new wallet and moving all your recovered coins to it. Even better if you purchase a good hardware wallet. Like I mentioned previously, your seed has been entered in several hot wallets. That lowers the security of it and increases the possibility of you losing your BTC in case something goes wrong with any of them.

[Morpheus Eberhardt]

Good to know. Does the recovered wallet contain your entire Bitcoin portfolio as you remember it or do you believe you should have more? If you have access to everything now, you are done with the recovery procedure.

What you should consider doing now is creating a brand-new wallet and moving all your recovered coins to it. Even better if you purchase a good hardware wallet. Like I mentioned previously, your seed has been entered in several hot wallets. That lowers the security of it and increases the possibility of you losing your BTC in case something goes wrong with any of them.

Thanks Pmalek for your help.

I have recovered all my cryptos that were on the BRD wallet and have moved them into new wallets with different seed phrases.

Also, I am going to buy a hardware wallet. Any suggestions as to what to get?