How to Move Your ReddCoin from Guarda Wallet

This guide will help you move your ReddCoin from Guarda wallet to other popular wallets. Don't worry if you're new to cryptocurrency - we'll walk through each step clearly.

What You'll Need

Before starting, make sure you have:

• Your Guarda wallet with ReddCoin
• At least 10 GB of free space on your computer (for some wallets)
• A reliable internet connection
• About 2-3 hours of free time

Step 1: Get Your Recovery Words from Guarda

First, you need to get your "mnemonic" (recovery words) from Guarda wallet:

1. Go to Guarda's support page
2. Follow their instructions to find your private keys
3. Look for the section labeled "Mnemonic" - this will be 12 words
4. Important: Copy these 12 words exactly and save them in a secure file
5. Ignore the "Address" section - we don't need that

What is a mnemonic? It's like a master key made of 12 words that can unlock your coins in any compatible wallet.

Quick Decision Helper

New to cryptocurrency? → Choose Coinomi (Option 2)

• Easiest to use and understand
• Works on your phone
• Ready in minutes

Want to earn staking rewards? → Choose ReddCoin Core (Option 1)

• Official wallet with full features
• Earn passive income from your coins
• Best long-term security

Already experienced with crypto tools? → Any option works for you

• Consider your priorities: ease vs. rewards vs. advanced features

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Choose Your Wallet Option

Here's a quick comparison to help you decide:

Feature	ReddCoin Core	Coinomi	Komodo
Difficulty	Medium	Easy	Hard
Staking Rewards	✅ Yes	❌ No	❌ No
Storage Space	10+ GB	Under 1 GB	Under 1 GB
Mobile Support	❌ Desktop only	✅ Phone & Desktop	✅ Phone & Desktop
Sync Time	2-4 hours	Instant	Instant
Best For	Long-term holders	Casual users	Advanced users

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Option 1: Move to ReddCoin Core Wallet (Recommended for Long-term Holders)

Why choose this option:

• Earn staking rewards: Your coins can earn you more ReddCoin just by keeping the wallet open
• Official wallet: Direct support from ReddCoin developers
• Full node: Helps support the ReddCoin network
• Maximum security: Your coins are stored locally, not on someone else's servers

Downsides to consider:

• Takes up significant hard drive space (10+ GB)
• Initial setup takes several hours
• Only works on desktop computers
• Requires regular updates

Installation and Setup

1. Download the wallet:

   • Visit ReddCoin's official website
   • Download and install the wallet

2. Wait for synchronization:

   • The wallet needs to download the entire blockchain
   • This takes several hours - be patient!
   • Make sure you have at least 10 GB of free space

Import Your Coins

3. After sync is complete:

   • Click "Create a new wallet" (center of screen)
   • Or go to File → "Create/Restore Wallet"

4. Set up the wallet:

   • Add a wallet name (any name you like)
   • Change from "Bip39" to "Bip44 Wallet"
   • Select "Already have a seed"
   • Enter your 12 words in "Enter your seed phrase"
   • Leave the "Pass Phrase" box empty
   • Click continue

5. Wait for scanning:

   • The wallet will scan for about 20 minutes
   • Your balance should appear when complete

Secure Your Wallet

6. Encrypt your wallet (recommended):

   • Go to Settings → "Encrypt Wallet"
   • Choose a strong password
   • Write down this password - you'll need it to access your coins!

7. Backup your wallet:

   • Go to File → "Backup Wallet"
   • Save the backup file somewhere safe
   • Do this every time you create new addresses

Enable Staking (Earn Rewards)

8. To start earning staking rewards:
   • Go to Settings → "Unlock wallet"
   • Enter your password
   • Check "For staking only"
   • Click the anvil icon at the bottom right
   • Select "Enable Staking"

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Option 2: Move to Coinomi Wallet (Best for Beginners)

Why choose this option:

• Super easy setup: No complicated downloads or waiting
• Works everywhere: Available on phones, tablets, and computers
• Multiple coins: Can store many different cryptocurrencies in one app
• Fast and simple: Ready to use in minutes, not hours
• User-friendly: Clean, intuitive interface perfect for beginners

Downsides to consider:

• No staking rewards (you won't earn extra ReddCoin)
• Less control over your coins compared to running your own node
• Depends on Coinomi's servers for some functions

1. Download Coinomi:

   • Visit Coinomi's website
   • Download for your device (phone, computer, etc.)

2. Restore your wallet:

   • Open Coinomi
   • Choose "Restore a wallet"
   • Enter all 12 words in the correct order
   • Your coins should appear automatically

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Option 3: Move to Komodo Wallet (For Advanced Users Only)

Why you might choose this option:

• Multi-coin platform: Komodo supports many cryptocurrencies and advanced trading features
• Atomic swaps: Can trade directly with other users without exchanges
• Advanced features: Built for users who want maximum control and functionality

Why this is more difficult:

• Technical complexity: Requires using offline tools and converting your recovery phrase
• Multiple steps: More chances for mistakes compared to other options
• No staking: Won't earn ReddCoin rewards like the Core wallet
• Security risk: Using conversion tools requires extra caution

We recommend this only if:

• You're comfortable with technical cryptocurrency tools
• You already use Komodo for other coins
• You need Komodo's specific advanced features

Warning: This option is more complex and requires extra steps.

Komodo wallet uses a different standard, so we need to convert your recovery words first.

Check Your Addresses First

1. Find your addresses in Guarda
2. Check balances online:
   • Visit ReddCoin Block Explorer
   • Search for your addresses to confirm balances

Convert Your Recovery Words (Offline)

3. Download the conversion tool:

   • Go to Ian Coleman's BIP39 tool
   • Download "bip39-standalone.html"

4. Use the tool safely:

   • Turn off your internet connection (very important for security!)
   • Open the downloaded HTML file in your browser
   • Enter your 12 recovery words
   • Change the coin from "BTC" to "RDD"
   • Find the private keys that match your addresses (usually first few rows)

Import to Komodo

5. Open Komodo wallet:

   • Click "Import wallet"
   • Enter a name for your wallet
   • Enter the private key you found
   • Check "Allow custom seed" (important!)
   • Type "I understand" and click OK
   • Set a password

6. Add ReddCoin:

   • Click "Add Crypto"
   • Find and check "ReddCoin"
   • Click "Enable"
   • Your balance should appear in the Portfolio

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Important Security Tips

• Never share your 12 recovery words with anyone
• Always backup your wallet files in multiple safe places
• Use strong, unique passwords for wallet encryption
• Double-check addresses before sending coins
• Start with small test amounts when trying new wallets

Need Help?

If you get stuck:

• Double-check you've entered the recovery words correctly
• Make sure you have enough free disk space
• Try restarting the wallet application
• Contact the wallet's official support channels

Remember: Take your time and don't rush. Your coins are safe as long as you have your recovery words!