If you are unsure whether this tutorial is suitable for your case, simply contact us via support chat or email and we will help you.
Important:
Only install Electrum from the official website: https://electrum.org.
Never share your seed phrase with anyone, not even us.
Make sure you only do this on your own secure device.
Never enter the seed phrase of a hardware wallet on a computer.
Step by step in Electrum
Create a new wallet
Open Electrum, select “File” and choose “New/Restore”.
Enter a file name and continue.
Select the wallet type
Choose “Standard wallet” and continue.
Select the seed option
Choose “I already have a seed” and continue.
Enter your seed and activate BIP39
Click “Options"
Important: Choose „BIP39 Seed“
OK
Enter your 12 or 24 seed words and Continue
Choose the correct account
Click “Detect existing accounts”.
Select “Standard BIP44 legacy (Account 0)” or Non-standard legacy on BIP84 path (Account 0).
OK and „Continue“.
Set a wallet password (optional)
Set a password for the wallet file if you want to. Continue to finish the setup.
Verify the addresses
Open the “Addresses” tab. You should now see your Legacy addresses starting with “1” and the corresponding balance.
Move the BTC to a Native Segwit (bc1) address
Create a bc1 receiving address in your usual wallet.
Open the “Send” tab in Electrum,
paste the bc1 address,
enter the amount and
send the transaction:
Your coins are now under your control on modern Native Segwit addresses. You can safely delete the temporary Electrum wallet from your computer afterwards.