Thanks: Electron cash import bitcoin
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Hamburger bitcoin | 235 |
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Electron Cash
SLP Edition
Setup
Connect to a server. The first screen displayed when running the Electron Cash wallet for the first time will ask “How do you want to connect to a server?” Select Auto Connect or if you want to use your own server or with the Tor Browser, you can select “Select server manually.” If you select a server manually you can choose one of the preferred servers in the list, in the proxy tab you can connect to the Tor browser in one click by selecting the “Use tor proxy” checkbox.
Name your wallet. The next screen will ask you to name your wallet. Noted in this section is that funds will not be accessible with non-SLP versions of the Electron Cash wallet. To avoid losing SLP tokens, you should avoid opening a wallet software not aware of SLP tokens. Select the Next button to proceed.
Select what kind of wallet you want to create. Available options are:
- Standard wallet – for single user
- Multi signature wallet – for shared authorization between multiple users
- Import Bitcoin Cash addresses or private keys – to restore funds from a previously created wallet
For this tutorial, we will use a standard wallet.
Select if you want to create a new seed, or to restore a wallet using an existing seed. If you would like to restore a wallet using an existing seed word phrase, you can select the second option. Or select the 3rd option to use extended public or private keys for an HD wallet. For this tutorial, we will select “create a new seed”. The seed will allow you to recover your wallet in case of computer failure. If someone obtains the seed for your wallet, they will be able to access everything that is stored in it. For this reason, we strongly recommend you only write it down on paper and keep it stored in a safe location. Select “Options” to extend the seed with custom words. The default setting uses 12 words.
Confirm your seed phrase. The next page will ask you to confirm you have saved your seed by retyping it in the box. After you have entered your seed correctly, select next. You may also skip this step and return to it later.
Choose a password. You may choose to skip to the next step without creating a password if you want to disable encryption. Select next and you will have now completed the setup for your Electron Cash Wallet.
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