"Options" and select "BIP39 seed". While a bit safer than web wallets, these are still considered to be hot wallets meaning wallets that are connected to the internet and therefore are more prone to hacks and theft. To import your wallet using the seed phrase: From the Home screen, Create new wallet or (if you already have a wallet and want to import a new one) tap the symbol. There are of course several disadvantages to a paper wallet. Qbits2017, newbie, offline, activity: 3, merit: 0 vijay620, newbie, offline, activity:. In this case, your private key is stored on your desktop or mobile device.
Import Wallet, create a new. Supports fo ( wallet. Private keys successfully imported, please enter a password for the new wallet.
If you do not backup your wallet and store this information somewhere safe you run the risk of losing all bitcoins on that address in the event that you lose or damage the device on which your wallet is installed. Wallets can import private keys via text files or QR code scanning. Its best to avoid them, and if you have to use them, dont keep a lot of money in them. Importing a private key using the 12-word recovery phrase This method of importing a private key involves using your hand-written 12-word seed phrase that you can obtain from the backup process within the m wallet. Conclusion Before selecting your Litecoin wallet Since Litecoin is a very popular cryptocurrency, there are many wallets options available depending on the amount of convenience and security youre aiming. This will display your private key QR code (be careful, anyone who scans this will have access to your wallet). You can then print the key and address and safely store Litecoins offline. The m Wallet will not allow you to proceed without a password. This is because exporting your wallet involves exposing your private keys to the system clipboard, or worse, sending your private keys unencrypted by email. Paste the backup into the text field, then enter the password for this wallet. Gmail, Outlook, etc.) only for your Litecoins.
Wallet, backup: Attached to this email. AES encrypted wallet backup which contains everything you need to restore your bitcoin balance. QR code image, and the wallet. Json file that was emailed. Wallet, I tried to use that file, via.