Mintme News

Recovering funds sent to Ethereum addresses by mistake

Oct 12, 2018

As we received multiple reports about users sending Webchain to Ethereum addresses, we felt the need to write a guide about how to recover those funds. This guide will work for Webchain units sent to ETH, ETC and any other currency wallets based on the Ethereum code and using the same wallet/address structure:

 

First, we sent some webchain to an address we created on the Ethereum network. It is safe to assume that if you sent Webchain to an Ethereum address, you hold the private keys for this address.

 

Secondly, we checked this Ethereum address on the Webchain block explorer to make sure that the Webchain units were sent to this address.

The third step was to find the private keys we stored for this address, then from the accounts menu in your windows GUI webchain wallet we chose “Import Private Key” option


Then, we picked a password and entered the private key for the address

Note: don’t forget to add 0x before the first letter of the private key, since most ether wallets do not add it and it’s necessary for the Webchain wallet to recognize the private key.

And voilà, the address was added to the GUI wallet and the funds were recovered

 

Please note that you can’t use the mnemonic phrase option to recover funds lost this way, using an Ethereum mnemonic phrase will generate a totally new address that doesn’t contain any funds.