How 2 take add Bitcoin addrs. 4 Electrum/difference btw sweep & import pri. keys

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Translated Topic in Pidgin Language: How to take add Bitcoin address for Electrum/difference between sweep and import private keys
Original Topic: How to add Bitcoin address to Electrum/difference between sweep and import private keys
Author: 1miau


How to add Bitcoin address to Electrum/Difference between sweep and import private keys

This post na additional post to this one, wey I explain how to create your unique Bitcoin address (vanity address).

To use external Bitcoin address (like paperwallet) for Electrum, e get two functions: the sweep and import functions. Both functions go enable you access to the balance of your Bitcoin address with electrum. E dey possible to import any wallet for there, but you need to own private key to take run am. This go dey very helpful if you still get old paperwallet wey you wan transfer the Bitcoin, or you get address wey you dey use for another client and go like use am for electrum or you go like use your own self-created vanity address.

Import

The Import function dey useful to import Bitcoin address as a new wallet to Electrum. The Bitcoin go dey for the wallet and you go fit access the wallet after you don import am to Electrum. E dey important say the imported wallet no go get a seed phrase and you no go fit restore am from a seed because e no get any. If you no lose the private key, you no go need the seed either.


Sweep

In comparison, the sweep function go transfer your Bitcoin from your original wallet to a new wallet for Electrum. Since Bitcoin transaction (from the old to the new wallet) go take place, sweep go require internet connection and transaction costs.

For you to dey able to use vanity address wey you don create before for Electrum, the function wey you go use na import.


Na like this you go take do am:


1. Open Electrum

Open Electrum and go to File => New/Restore






2. Choose a name

Choose a name for your wallet wey you wan use take import and click on Next





3. Choose Import Bitcoin addresses or private keys






4. Make you enter your private key to import the address

Now you fit copy your private keys from the .txt file and paste am for the window wey open for Electrum. Theoretically, you fit also import plenty private keys.  






5. Select your password, write am down and click on Next





And finally, you don import your 1test wallet successfully. Now, you fit transfer BTC to your wallet or send BTC if you don send BTC to am before.





Done


Update: if you wan import / sweep a SegWit address (prefix 3 / bc1q) you go need to add the following lines in front of your private keys:


Nested SegWit adresses 3... (P2SH-P2WPKH)

Code:

p2wpkh-p2sh:Kpriv.key

or

Code:

p2wpkh-p2sh:Lpriv.key

Native SegWit bech32 addresses bc1q... (P2WPKH)

Code:

p2wpkh:Kpriv.key

or

Code:

p2wpkh:Lpriv.key

Source

Or just click "info" when you dey import Bitcoin address to see exactly wetin you need to add

Done