Question 1

How does MultiBit wallet work?

Accepted Answer

MultiBit uses SPV (Simplified Payment Verification) technology to verify Bitcoin transactions without downloading the full blockchain. It stores private keys in wallet files locally on your computer.

Question 2

What is the difference between MultiBit Classic and MultiBit HD?

Accepted Answer

MultiBit Classic uses individual private keys stored in .wallet files. MultiBit HD uses hierarchical deterministic (HD) technology with a 12 or 24-word seed phrase that generates all your keys.

Question 3

How do I export private keys from MultiBit?

Accepted Answer

In MultiBit Classic, go to Tools > Export Private Keys. In MultiBit HD, you cannot directly export keys, but you can use your seed phrase to restore in any BIP39-compatible wallet.

Question 4

How do I migrate from MultiBit to Electrum?

Accepted Answer

Export your private keys from MultiBit Classic and import them into Electrum using File > New/Restore > Import Bitcoin addresses or private keys. For MultiBit HD, restore using your seed phrase.

Question 5

Where are MultiBit wallet files stored?

Accepted Answer

MultiBit Classic stores files in the application data folder: Windows: %APPDATA%/MultiBit, Mac: ~/Library/Application Support/MultiBit, Linux: ~/.multibit. MultiBit HD uses similar locations with 'MultiBitHD' folder name.

MultiBit Guides & Tutorials

How MultiBit Works

MultiBit Classic vs HD

How to Export Private Keys

Migrate to Electrum

Quick Links