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Bitcoin Forum > Bitcoin > Development & Technical Discussion > Wallet software > Electrum > Noob question about adding coin to wallet (I want to make sure I did this right)
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Author Topic: Noob question about adding coin to wallet (I want to make sure I did this right)  (Read 1219 times)
Psythik (OP)
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October 15, 2014, 06:14:39 PM
 #1
1. Download and run Electrum standalone
2. Memorize/Save seed
3. Send BTC to one of the four addresses under Receive tab > Main account > Receiving
4. Wait for BTC to reach wallet

Please tell me I didn't skip a step and just lost $50-worth of coin!
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shorena
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October 15, 2014, 06:20:26 PM
 #2
Quote from: Psythik on October 15, 2014, 06:14:39 PM
1. Download and run Electrum standalone
2. Memorize/Save seed
3. Send BTC to one of the four addresses under Receive tab > Main account > Receiving
4. Wait for BTC to reach wallet

Please tell me I didn't skip a step and just lost $50-worth of coin!

Nope, sounds good. Make sure you safe the seed properly. Probably best to safe it offline on paper or something similar. If safed digitally encrypt it.
Im not really here, its just your imagination.
Psythik (OP)
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October 15, 2014, 06:30:47 PM
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Will do. Thanks for quelling my paranoia!  Cheesy
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October 15, 2014, 09:41:27 PM
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Will the seed get your private keys back too, or should you back those up too?
shorena
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October 15, 2014, 09:44:42 PM
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Quote from: linuxbgood on October 15, 2014, 09:41:27 PM
Will the seed get your private keys back too, or should you back those up too?

The seed is all you need when you backup electrum. All private keys derive from it, unless you import them from another source.
Im not really here, its just your imagination.
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