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Performing a peg-out transaction using Trezor

PowPeg app (peg-out)

Get started with Trezor

To perform a peg-out transaction using the Ledger device directly, follow the steps below:

  • Step 1: Plug the Ledger device into the computer

  • Step 2: Verify if you have enabled Perform Safety Checks to PROMPT

    • If is not enabled you will receive this error Trezor Error Key Path
    • This video explains how to enable Perform Safety Checks to PROMPT on Trezor Suite Enabling Prompt for Key Path
  • Step 3: Access peg-out screen: pegout screen

  • Step 4: Click on Connect wallet button:

connect-wallet

  • Step 5: Click on Trezor button
    connect-wallet

  • Step 6: The application will show what network you are connecting on. For this tutorial we are using Testnet


network

  • Step 6: Plugin your Trezor device:
    plugin

  • Step 7: The trezor window will open to insert the pin and export the addresses pin-and-address

  • Step 8: Insert the pin and click on confirm button insert-confirm

  • Step 9: Insert the passphrase insert-passphrase

  • Step 10: Follow instructions on your device
    verify-device

​> - Note the trezor app screen will be opened some times, because the system will ask for addresses, each ask will open again the trezor screen, and the user will need to inform the trezor-pin.

  • Step 11: Select account

select-account

  • Step 12: Success

success

  • Step 13: Continue filling in the other fields as amount and click on the Send button

  • Step 14: After finish the pegout transaction creation, click here to see how to see the steps to access to Bitcoin derived address in hardware wallet using Electrum

Last updated on by Edwin Liava'a