Perfectly doable because they use the same derivation schemas (and the same output script):
BIP44 Legacy derivation
BIP49 p2sh-p2wpk segwit into p2sh
BIP84 segwit.
Things will get much more complicated in the future with complex scripts and taproot but, for now, they are compatible.
A Ledger and a Trezor can share the same seed. It is always advisable to know the basics behind to avoid panic in case something goes wrong.
The most common case is a different derivation path used as default in the two different wallets.
In this case you wouldn't see the balance on the Trezor because the wallet is looking for balance on a different derivation path/script. The most "trendy" today is the BIP84.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments