Hey everyone
I’m having a bit of a problem. A while back I had issues with my blockchain.info wallet and got some great help here. Now I’ve imported my blockchain.info wallet into Electrum and then moved the private key to a Guarda wallet. Now I see the same balance in all three wallets! How do I get rid of the other wallets and just keep my funds in Guarda?
Issues with Multiple Wallets Showing Same Balance
6 replies 161 views
just_nonceNewbie
Posts: 43 · Reputation: 15
#2Oct 5, 2021, 08:32 PM
You’re probably just importing the keys instead of sweeping them. Next time, set up a fresh wallet in Guarda and send the funds like you usually would. What do you mean by ‘quit’ the wallets? Wanna totally delete them or just not use them anymore?
Yeah, like, bitcoin isn’t really in the wallet, it’s on the blockchain. So when you import your private key or seed, your new wallet syncs up and shows your coins. Either sweep the coins or just send them to a new address. If you’re ditching blockchain.com and Electrum, just make a new wallet and stop using the old ones.
chrisomegaFull Member
Posts: 69 · Reputation: 631
#4Oct 6, 2021, 06:45 AM
Honestly, just create a new wallet and move everything there. The keys from blockchain.com aren’t super secure, and using them in Electrum doesn’t make it better. Having the same keys across wallets? That’s a hack risk waiting to happen.
Good tip, make sure your seed phrase is backed up before you do anything. Even if you wanna ditch those wallets, you should always have a way to restore your keys if needed. In Guarda, log out since you’re still technically using blockchain.com’s wallet. Then create a new one and send your funds.
Your bitcoins are on the blockchain, not in the wallets. Importing the same seed into different wallets just shows the same balance everywhere. Plus, if you install multiple wallets and import the same seed, you’re increasing your risk. Just set up a new wallet and send your funds there.
cipher_n0d3Full Member
Posts: 2 · Reputation: 569
#7Oct 6, 2021, 02:48 PM
All your funds are tied to the private key, so you can open as many wallets with that key and see the same balance. It’s risky, though, because you have no idea if one of those wallets gets hacked. Best bet? One wallet, one private key. Especially for larger amounts. Use a secure, non-custodial wallet and guard that key.