Comment by mrkenparry on 01/02/2025 at 19:32 UTC

1 upvotes, 1 direct replies (showing 1)

View submission: Moving bitcoin off of paper wallet

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Your paper wallet is just a single address and single private key I assume? And the address is a non-segwit? Moving to a “modern” wallet will give you 2 benefits…

1. segwit address for cheaper fees later down the line

2. the ability to use bip39 seeds with an additional pass phrase

But there’s nothing out of date with your old wallet.

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Comment by Competitive-Rope-432 at 01/02/2025 at 23:27 UTC

1 upvotes, 0 direct replies

I have the same issue was thinking about putting it into electrum and then over to my ledger nano s yeah my stuff is old school. its old the private starts with 5 incredible right