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how to restore electrum wallet from seed

To restore your Electrum wallet from a seed phrase, ensure that you have access to the 12-word seed and follow the steps provided by the official Electrum website, choosing "Standard Wallet" and entering your seed phrase.

Nov 02, 2024 at 03:51 pm

How to Restore Electrum Wallet from Seed

Step 1: Install Electrum

Download and install the Electrum wallet software from the official website: https://electrum.org/#download.

Step 2: Select and Create a New Wallet

  • Launch Electrum and click on "Create a new wallet."
  • Choose a wallet type: Standard Wallet or Multi-Signature Wallet.
  • For this guide, we'll select "Standard Wallet."

Step 3: Select Seed Recovery

On the next screen, select "Restore a wallet from seed."

Step 4: Enter Recovery Seed

  • Enter your 12-word seed phrase in the provided field.
  • Separate each word with a space and make sure it's the same seed you used to create the former wallet.

Step 5: Confirm Seed

Re-enter the seed phrase in the confirmation field to verify it.

Step 6: Set Wallet Options (Optional)

You can customize wallet settings such as:

  • Account name
  • Network (Mainnet or Testnet)
  • Wallet encryption options

Step 7: Generate Wallet

Click on the "Restore" button to generate your new wallet.

Step 8: Verify Balance

After Electrum synchronizes with the blockchain, you'll see your recovered balance in the wallet.

Additional Tips:

  • Keep your seed phrase private and secure. Never share it with anyone.
  • Consider using a hardware wallet, such as Trezor or Ledger, for enhanced security.
  • Only restore your wallet from trusted sources to avoid any potential scams or security breaches.
  • If you're having issues restoring your wallet, contact Electrum support for assistance.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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