How To Import Bitcoin Wallet With Private Key on Blockchain.com. How To Import a Wallet Via Private Key On Bitcoin.com. A Private Key is a tiny bit of code that is paired with a public key to set off algorithms for text encryption and decryption. Private and public keys are both derived from your recovery phrases. Type the Private Key on the Private Key tab of the Import screen. Alternatively, you can scan the QR code(if you have one). Once you are done typing, just tap on Import.
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