Tuesday, November 5, 2024

Coinbase tells me to ship from electrum to my non-public key?

Tl;dr: what you might have is

  • a seed-phrase for a Bitcoin pockets (the place you take care of your individual money)
  • a receiving tackle related to a Coinbase account (the place you let Coinbase have possession of your money in return for an IOU)

You do not have a non-public key (and you do not want one as long as you retain that seed-phrase written down someplace protected – not on a pc)


I obtained 12 key phrases

That’s virtually definitely a seed phrase, additionally known as a recovery-phrase or backup-phrase.

Your grasp non-public secret is generated from that seed phrase.

In a hierarchical deterministic (HD) pockets, that grasp non-public secret is used to generate many pairs of personal keys and public keys.

For the most typical forms of Bitcoin transaction, a public secret is used to generate a bitcoin tackle to which cash could be despatched.

and a hash (beginning with 17) which I all the time thought was my bitcoin key.

A string of round 32, 33 letters and digits beginning with a “1” is an old-style of Bitcoin tackle that’s nonetheless legitimate and fashionable. It’s a Bitcoin tackle, not a non-public key.

To see some examples take a look at some reference pages comparable to

Be aware that the identical non-public key could be proven to you in a number of other ways (encodings, display-formats).

From the above it’s best to have the ability to reassure your self that what you might have is a 12-word seed-phrase on your pockets and an unrelated bitcoin tackle on your Coinbase account.

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