Also we’ll explain why it is not recommended nor it is secure to import a mnemonic seed into hardware wallets from software wallets.īut first let’s understand the importance of recovery phrase and when you’ll need it. Similarly we’ll see how to import electrum’s 12 word seed into Trezor and Ledger. Here in this guide we’ll explain how to import Ledger and Trezor mnemonic seed phrases into Electrum wallet. Anyone who is looking to recover their funds immediately from their lost / damaged hardware wallet can use electrum wallet. ![]() You can simply use any of these wallets, import the seed word generated by your hardware wallet and restore your funds.Īmong those wallets one of the popular software wallet is Electrum which is a free, light-weight and open-source Bitcoin wallet. Here is an article that has the complete list of BIP39 wallets. Other than the hardware wallets there are many software wallets that support the BIP39 mnemonic recovery seed phrases. Ledger, Trezor, Keepkey and most other hardware wallets uses the industry standard BIP39 for mnemonic seed generation. If you have the recovery seed phrase backup in place then you do not need to worry about the wallet being lost or broken. ![]() What happens to my Bitcoins if my Ledger wallet is lost? What happens if my Trezor wallet is broken? Does all of the coins stored in my wallet is lost forever? This is one common question among users who just bought a Ledger / Trezor and the ones who are planning to buy a new hardware wallet. This is mainly for users whose hardware wallet is lost, reset, stolen or damaged. Another guide for Ledger and Trezor users.
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