Next, tap on Master Private Key. You will be prompted for your password. Enter your password.
After entering your password you will be able to view your Private Seed. Each type of cryptocurrency wallet will have its own unique private seed.
The Private Seed cannot be copied, in order to prevent users from accidentally pasting this sensitive information into an unintended location.
We urge users to never share their Private Seed with anyone, as anyone that gains knowledge of the Private Seed will be able to sweep the funds out of the wallet.
2. Now you need to derive the individual private keys: we recommend using Ian Coleman's tool https://iancoleman.io/bip39/. All bitcoin-related currencies in Edge can be derived using this tool. Note: if you are on a desktop we suggest to save the webpage and use it offline. If you are on mobile, we suggest to load the page, then activate the Airplane Mode and use the website offline.
Generally, the process to derive private keys is the same for each currency and involves these three steps:
-Enter private seed (24 word phrase) into the "BIP39 Mnemonic" field
-Change the Coin
-Select a derivation path <-- This step may be different depending on the coin and which type of address you are attempting to derive a private key for.
Coin | Derivation Path | Full Derivation Path |
---|---|---|
Bitcoin | BIP49 | m/49'/0'/0'/0 |
Bitcoin (no segwit) | BIP44 | m/44'/0'/0'/0 |
Bitcoin Cash (BCH) | BIP44 | m/44'/145'/0'/0 |
Bitcoin Gold (BTG) | BIP49 | m/49'/156'/0'/0 |
Bitcoin SV (BSV) | BIP44 | m/44'/145'/0'/0 |
Dash (DASH) | BIP44 | m/44'/5'/0'/0 |
DigiByte (DGB) | BIP49 | m/49'/20'/0'/0 |
Dogecoin (DOGE) | BIP44 | m/44'/3'/0'/0 |
eBoost (EBST)* | BIP44 | m/44'/324'/0'/0 |
Feathercoin (FTC) | BIP44 | m/44'/8'/0'/0 |
GroestlCoin (GRS)* | BIP49 | m/49'/17'/0'/0 |
Litecoin (LTC) | BIP49 | m/49'/2'/0'/0 |
QTUM* | BIP44 | m/44'/2301'/0'/0 |
Ravencoin (RVN) | BIP44 | m/44'/175'/0'/0 |
SmartCash (SMART)* | BIP44 | m/44'/224'/0'/0 |
Uniform Fiscal Object (UFO)* | BIP49 | m/49'/202'/0'/0 |
Vertcoin (VTC) | BIP49 | m/49'/28'/0'/0 |
Zcoin (XZC) | BIP44 | m/44'/136'/0'/0 |
Now you will Sweep the Private Key: tap Side Menu, Scan QR, paste that private key or scan the QR Code, select the Bitcoin (no Segwit) wallet, and confirm the sweep.
A BTC transaction will be created, then you will pay a variable fee depending on the conditions of the Bitcoin network.
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