Getting private keys from hardware wallets (trezor, ledger) 25 February 2018 Admin Electrum, Keys, Wallets (1) This tutorial shows how you can use the Electrum wallet to extract your trezor signing keys. Part 1: Creating a new wallet. In Electrum, version 3.0.5 or greater, create a new wallet. Choose type Standard Wallet Say that you already have a seed Click Options, and say that your seed is of type BIP39 Enter your seed (there are no bitcoins on this seed!) Set your derivation path. If you are using segwit, use m/49'/0'/0', otherwise leave it as is with 44'. The last number is the account index. Set it to the account number on the hardware device. Usually, this starts with 0. Use m/49'/0'/0' or m/49'/0'/1' or m/49'/0'/2' etc. Add a password to encrypt the wallet if desired. Part 2: Extract your private keys Once Electrum is running, make sure Show Addresses is enabled From the Addresses tab, you can see your addresses. Right click on the addresses and select Private Key Don't forget your change addresses! This should be all you need to find your used addresses and private keys for claiming.