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.
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 |
A DGB transaction will be created, then you will pay a variable fee depending on the conditions of the DigiByte network.
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