How to migrate from Payperless?

Nikita Verkhovin

How to Crypto Bitcoin
How to migrate from Payperless?

Payperless is a non-custodial mobile cryptocurrency wallet. It was established in 2020 and is based in Estonia. In 2021, Android and iOS apps were released.

Payperless

Payparless authorizes with a mobile number, but it generates a secret phrase of twelve words using the BIP39 standard. Coin Wallet complies with this standard's requirements.

How to migrate from Payperless?

1. To migrate your bitcoins from Payperless, you must first locate your 12-word secret phrase. To find your secret phrase, use the Payperless mobile app and follow the steps outlined below.

step 1

2. Log in to your existing Coin Wallet account with your 12-word Payperless secret phrase.

step 2

Done! Your bitcoins are now ready to use.

Derivation paths

Because the default derivation paths of Ethereum and some other coins differ, one more setting must be made.

1. Select Ethereum.

step 1

2. Go to the "Derivation Path" page.

step 2

3. Enter m/44'/60'/0'/0/0 into the input and press the "Save" button.

step 3

Use the following paths for other coins:

  • Binance Smart Chain: m/44'/60'/0'/0/0
  • Polygon: m/44'/60'/0'/0/0
  • Solana: m/44'/501'/0'
  • TRON: m/44'/195'/0'/0/0

If you are still having problems, please contact support@coin.space.