Electrum wallet is recommended, as BitcartCC is tightly integrated with it, providing the best user experience and speed.
After the installation, open Electrum Wallet by clicking on the icon on your desktop.
- 1.Create a new Electrum Wallet
- 2.In Electrum, Wallet > Information - copy the Master Public Key.
- 3.In BitcartCC, Wallets > Create wallet > Paste the Extended Public Key in xpub field
The following setup guides you through setting up an entirely new Bech32 (SegWit) Wallet in Electrum. If you already have a wallet skip to the Extended Public Key copying.
Firstly, give your wallet a name, for example,
BitcartCC Walletand click
Enter your new wallet's name
Standard walletand proceed by clicking the
Select wallet type
Since we're creating a brand-new wallet,choose
Create a new seedand
Create a new seed
From the multiple choice menu, select
IMPORTANT NOTE: If you're a merchant, instead of SegWit (Bech32), it's recommended to use SegWit wrapped (P2SH) format. This guide explains how to create P2SH wallet in Electrum that's more suited for merchants, due to compatability with legacy wallets customers use.
IMPORTANT NOTE 2: Write down your recovery words in the order you see them on the screen. Write them down a piece of paper and store it somewhere secure. Take your time and triple check each word. Do not store your seed in a digital format (photograph, text document). Whoever has the access to your seed can access your funds. Confirm that the seed has been properly backed up by re-entering it in the same order. Once the seed is validated, proceed to the next step.
Backup your seed!
It's highly recommended that you encrypt your wallet. Select a password that you can easily remember and mark make sure
Encrypt Wallet Fileis marked. Proceed by clicking
Encrypt your wallet!
When the wallet loads (it may take few moments), in the top menu, click on the
See wallet information
Select and copy the
Master Public Key. This is the public key from which BitcartCC will derive addresses.
Copy the Master Public Key
Return to your BitcartCC. Click on the
Detailsbutton in the
Walletscard and click on the
New Walletbutton. Enter your wallet name and Paste the Master Public Key from electrum to xpub field. Click
Add new wallet
In the top menu, click on the
Enter following commands in Electrum console and press
enteron your keyboard.
If you are running a version older than Electrum 4, also enter the following command and press
Enter the commands here
Restart your Electrum and verify that the newly set gap limit is correct by entering in the console:
There's no good answer to how much you should set the gap limit to. Most merchants set 100-200. If you're a big merchants with high transaction volume, you can try with even higher gap limit.
For more details about the Gap Limit, check the FAQ.
Electrum and BitcartCC are now connected. Any payments received to your BitcartCC will be visible in Electrum, where you can further spend them.