Ethereum: Send BTC with Electrum – What Address to Use?
Welcome to the world of Bitcoin and Ethereum! You’ve probably downloaded and installed the popular Electrum wallet, a great tool for managing your digital assets. However, you may have noticed that Electrum generates multiple addresses when you create a new wallet.
In this article, we’ll explore what these addresses are used for and how you can use them to send Bitcoin (BTC) from your Electrum wallet.
About Electrum Addresses
Electrum uses a format called “hexadecimal addresses” or “public keys” to represent Bitcoin addresses. These addresses are 34 characters long, usually in the format m/0'/0/C.
m: the main part of the address that represents the network type (e.g.1for Bitcoin Mainnet).
/0: a slash followed by a number that indicates the account ID.
- ‘0’
: another slash followed by a single quote to indicate the account balance.
- /C
: a slash, then another slash, followed by a single character representing the type of asset (e.g.,bfor Bitcoin).
What address is used to send BTC?
When you want to send Bitcoin from your Electrum wallet, you should use an address that matches one of the following formats:
- m/0’/0/C
: for Bitcoin Mainnet
+ Example: 1a1d7f6e4df3d0785b9b2da7c8ac656ce67cd34fe (replace with your actual Electrum address)
- m/0“: for Bitcoin Cash (BCH) or other alternative chains
+ Example: 1h1d7f6e4df3d0785b9b2da7c8ac656ce67cd34fe (replace with your actual Electrum address)
Choose the correct address
To ensure that you can send Bitcoin, make sure you are using an address that matches one of the formats listed above. If you are not sure which format to use or need help generating a new address, please refer to Electrum settings or online resources.
Sending BTC: A Step-by-Step Guide
- Open Electrum and select “File” > “New Wallet”
- Follow the on-screen instructions to create a new wallet
- Once you have created your wallet, you will be presented with several addresses
- Select an address that matches one of the formats above
- Copy and paste the address into the Electrum recipient window
By following these steps, you can use your Electrum wallet to send Bitcoin from one address to another. Remember to always verify the address and make sure it is a legitimate recipient before making any transactions.
