Can't move stx coins out from Stacks wallet

STXPI · May 28, 2021, 10:36pm

I have access to a version of the Stacks desktop wallet with a bunch of STX coins. I can get into the wallet, but I can’t move out any of the STX coins inside. Is my only option to restore the wallet, or is there some way to transfer out the STX coins to another wallet before updating and restoring this wallet?

fluidvoice · May 29, 2021, 5:32pm

Is the wallet version 3.0? I’m pretty sure if the version of the wallet is not 4.0 or later you will have to restore it via your backed up 24 word seed phrase. If you don’t have that, then your tokens are not retrievable.

STXPI · June 2, 2021, 11:48pm

Thanks fluidvoice for your help!

I’m not sure what version the wallet is. It was installed sometime last mid to early year I believe. Part of the problem is that the person who created the wallet claims that he was never given a way to create the seed phrase when he first installed the wallet, but he is still able to get into the wallet. Currently, the token that are in the wallet show up, but are labeled as “invalid”.

I’ve heard there is a rule or something that tokens can’t be moved for a year. Do you know if that is why his tokens are labeled as “invalid” or if it is why he can’t transfer them out of this wallet into another one that does have a seed phrase set up for it?

kosinov · February 3, 2022, 4:43pm

I am having this issue now. Did you ever figure out what to do? If so – how?

ico_supporter · January 3, 2025, 3:20pm

mine is the first version of stacks wallet that i sent my stx from ico purchases on coinlist

i cant log in now with my ledger

Mitch · January 3, 2025, 9:52pm

I don’t know why this is happening lately I experienced this also last week

Werner1 · January 4, 2025, 8:57pm

@Mitch and @ico_supporter Here is a little history and the solution to your problem.

The first Stacks wallet was called Stacks Wallet, it was used to generate a Stacks address back in the time of the first ICO (2018 and 2019). STX would have unlocked on that address. But the wallet was only operational as long as the Stacks 1.0 network was. The network was upgraded in January of 2021 to stacks 2.0.
When Stacks 2.0 went live in January of 2021 the old Stacks Wallet was followed up by a new wallet “Hiro wallet”. The Stacks Wallet could still show old data it had stored on disk. But since the launch of Stacks 2.0 you would have had no option to actually sign any transactions because it relied on the Stacks 1.0 network which hasn’t been active for about 4 years now.
In 2023 the Hiro Wallet team moved from Hiro Systems company to an independent company Leather Wallet LLC under the Trust Machines umbrella.
Since then the Hiro Wallet was renamed to Leather. And can be downloaded via https://leather.io there is still a desktop wallet, but the browser extension is more popular at the moment because it has more features and offers options to connect to decentralized apps.

To access your funds you’ll need to restore the latest Stacks wallet with the Secret Key of your original Stacks wallet (please note that you need a 24-word mnemonic seed phrase (Secret Key) or hardware(Ledger) device). As long as you restore the latest wallet with the same Secret Key(or hardware device) it will give access to the same address and funds you used in the ICO.

If you used a software key (not Ledger) Note that in the time of the ICO you likely also used 12-word Secret Keys, these were used for the Blockstack browser… to prove you were human for example. You can restore a Leather wallet with these keys too (they are valid BIP39 Secret Keys) but they will not provide access to STX from the ICO in 99.9% of cases.