How to migrate from DeFi Wallet?

Nikita Verkhovin DeFi Wallet is a non-custodial software wallet for mobile Android and iOS devices. It's possible to link your DeFi wallet to your exchange account, making transferring bitcoin between the two services a breeze. DeFi Wallet DeFi Wallet generates a 12-word recovery phrase using the BIP39 standard. Coin Wallet meets the requirements of this standard.

How to migrate from DeFi Wallet?

1. To migrate your bitcoins from the DeFi Wallet, first locate your recovery phrase. Here's how to find it on your iPhone.

step 1a step 1b

2. Log in to your existing Coin Wallet account by entering the 12 words of a recovery phrase from the DeFi Wallet.

step 2

It is complete! Bitcoins can now be spent.

Derivation paths

Since Ethereum and some other coins have different derivation paths than the defaults, there is one more setting that needs to be set.

1. Select Ethereum.

step 1

2. Open the "Derivation Path" page.

step 2

3. Enter m/44'/60'/0'/0/0 and hit the "Save" button.

step 3

For other coins, use the paths listed below:

  • Arbitrum One: m/44'/60'/0'/0/0
  • Avalanche: m/44'/60'/0'/0/0
  • Binance Smart Chain: m/44'/60'/0'/0/0
  • Polygon: m/44'/60'/0'/0/0

If you continue to experience problems, please contact