Seed phrases and wallets
If I wanted to switch wallets, is it possible to use the same seed phase or would I have to actually transfer the coin?
Posted Jul 17, 2022, 1:58 PM UTC
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If I wanted to switch wallets, is it possible to use the same seed phase or would I have to actually transfer the coin?
Posted Jul 17, 2022, 1:58 PM UTC
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you would have to transfer the coins to a new wallet with a new seed phrase.
Depends upon the initial and second wallet you are using . If they are both BIP39 wallets , yes . Otherwise , depends.
https://walletsrecovery.org/
If you tell us the first and new wallet we can answer more directly
It was hypothetical. I was just wondering.
Most HW wallets are BIP39 compatible. examples of popular non custodial open source Hot wallets that create BIP 39 seeds are wallets like bluewallet and blockstream green
Sticking with BIP39 compatibility gives the most cross wallet support