VTC transactions
During some Vertcoin operations, you may come across an error message stating Something went wrong: please verify that your hardware wallet has been configured with the correct recovery phrase or passphrase for the selected account. If this message appears, please follow these steps:
- Remove your VTC account from Ledger Live. To learn how to remove an account, refer to this article.
(Don't worry, removing an account doesn't affect your crypto assets). - In Ledger Live, go to Settings > Help > Clear cache.
- Add the VTC account you have previously removed. For step-by-step instructions, refer to this article.
You should now be able to manage your VTC in Ledger Live.
Install the Vertcoin app on your Ledger device to manage VTC with Ledger Live. The Vertcoin app is developed and supported by Ledger. Check the Vertcoin wallet page to learn more.
Before you start
- Set up Ledger Live with your device.
- Update the firmware of your Ledger Nano S / Nano S Plus / Nano X.
Instructions
- Open My Ledger in Ledger Live.
- Connect and unlock your device.
- If asked, allow My Ledger to access your device.
- Find Vertcoin in the app catalog.
- Click the Install button of the app.
- An installation window appears.
- Your device will display Processing...
- The app installation is confirmed.
The Vertcoin app can export your extended public key (xpub) to web apps in a U2F compatible web browser (Chrome, Opera or Firefox). The xpub is privacy-sensitive information, as all public addresses can be generated from it.
Public key exports by default require manual approval on the device to prevent inadvertent sharing of your public addresses. This setting can be configured as follows:
- Open the Vertcoin app.
- Navigate to Settings > Public key export approval.
- Choose one of two options:
- Manual approval (default): public key exports require a confirmation on the device.
- Auto approval: public key exports are automatically approved.
When you add Vertcoin accounts in Ledger Live, the address format is set to SegWit by default. If you need to receive VTC on older address formats such as Legacy, you can change the default address format.
To change the default address format:
- In the Add new account section of the Accounts step, click on the Show all address types toggle.
- Select one of the following address formats:
- Segwit (by default): SegWit addresses start with a 3. The SegWit upgrade reduces network fees, speeds up transaction signing on hardware wallets, and enables second-layer solutions like Lightning Network. By default, new accounts added in Ledger Live are SegWit accounts.
- Legacy: Legacy addresses start with a V. This is Vertcoin's original address format. New Legacy accounts can now be added directly in Ledger Live. You no longer need to use a third-party wallet to add Legacy accounts in Ledger Live.
Bech32 addresses start with vtc1. These are native SegWit addresses that feature safety and security improvements. This address format will be implemented in Ledger Live.
To export VTC accounts from your Ledger device to another software wallet, please use the custom path m/49'/128'/0'/0/0. The VTC app erroneously does not use Vertcoin's regular derivation path (m/49'/28'/0'/0/0). Correcting this error would create unnecessary inconvenience for our users, so this is not planned.
Address privacy
Vertcoin transactions are public information. Do not re-use your addresses for optimal privacy. Ledger Live automatically generates new addresses and keeps track of your previous ones. Previous addresses do remain valid, but they don't offer an optimal level of privacy.
Next steps
- Add your accounts to Portfolio.
- Send or receive crypto assets.