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How to Start Collecting Rare Sats

If you want to collect Bitcoin rare sats safely, you need two things: the right wallet setup inside Xverse (SegWit + Ordinals addresses) and a smart habit for moving rare sats into a separate vault wallet so you do not accidentally spend them.

0

Quick Setup Overview

You are going to use two separate wallets:

Wallet 1 (Your Buying Wallet)

  • • SegWit Bitcoin address (bc1q...) for paying and loading BTC
  • • Ordinals address (bc1p...) for receiving rare sats
  • • This is where you buy rare sats on Magic Eden or Magisat

Wallet 2 (Your Vault Wallet)

  • • Also has SegWit (bc1q...) and Ordinals (bc1p...) addresses
  • • This wallet is for holding only - you do not buy from this wallet
  • • Store rare sats here after you accumulate enough in Wallet 1

Important: Wallet 2 must be a completely separate wallet with its own seed phrase, not just another account inside the same Xverse wallet.

1

Install Xverse Wallet and Turn on Rare Sats

  1. Install Xverse Wallet
  2. Create your wallet
  3. Back up your seed phrase safely

Now turn on the feature:

  1. Go to Settings
  2. Tap Advanced
  3. Toggle Enable Rare Sats ON

This makes Xverse show rare sats details and helps you manage them.

2

Understand the Two Address Types

Inside Xverse, one wallet will show two types of Bitcoin addresses:

A) SegWit Bitcoin Address (bc1q...)

Use this for normal BTC deposits and spending

B) Ordinals Address / Taproot (bc1p...)

Use this for receiving rare sats and ordinals style assets

The Simple Rule

  • • You load and pay with bc1q (SegWit)
  • • You receive and store rare sats with bc1p (Ordinals)
3

Create Wallet 1 (Buying Wallet) and Fund It

Wallet 1 is your active wallet. It is the one you connect to marketplaces.

What to do:

  • • Use Wallet 1's SegWit address (bc1q...) to deposit BTC
  • • Keep enough BTC for: buying rare sats, network fees, and a buffer

Why the buffer matters: If you run low, you might spend the wrong UTXO and accidentally move a rare sat you wanted to keep.

4

Buy Rare Sats (How It Works)

When you buy rare sats, the flow usually looks like this:

  1. You connect Wallet 1 to Magic Eden or Magisat
  2. You pay using your wallet's BTC balance (this is your normal spend side)
  3. After purchase, the rare sats land on the Ordinals side of your wallet

Think of Wallet 1 like this:

  • SegWit (bc1q) = the "money side" you use to pay
  • Ordinals (bc1p) = the "collectibles side" where rare sats show up
5

Create Wallet 2 (Vault Wallet) the Correct Way

This is the part most people misunderstand.

What NOT to do:

Do NOT create Wallet 2 by adding an "account" inside the same Xverse app wallet. When you add an account in Xverse, it is usually the same seed phrase underneath. That means it is not truly separated. If that seed phrase is compromised, both accounts are compromised.

What to do instead (the correct vault setup):

Create a completely separate Xverse wallet with a different seed phrase:

  • • Install Xverse on a second device, OR
  • • Use Xverse mobile app for Wallet 1 and Chrome extension for Wallet 2, OR
  • • Use two different phones, OR
  • • Use a second browser profile

The point is: Wallet 2 must have its own seed phrase, separate from Wallet 1.

6

Move Rare Sats to Your Vault (Bulk Transfers)

Now you use Wallet 1 to buy, and Wallet 2 to store.

The habit that works:

You do not need to transfer after every single purchase. You can accumulate rare sats in Wallet 1, then do a bulk send to the vault wallet when you've got enough.

The safe transfer method:

  1. Open Wallet 2 (Vault wallet)
  2. Tap Receive
  3. Select the Ordinals address
  4. Confirm it starts with bc1p...
  5. Copy it
  6. Go to your marketplace or ordinals send flow
  7. Send your rare sats to that vault bc1p address
  8. Double check the first and last characters before confirming

Why send to the vault Ordinals address? Because you are moving collectibles. The vault's Ordinals (bc1p) address is the clean way to store rare sats and keep them separate from spending coins.

7

The Rules That Keep Your Rare Sats Safe

Wallet 1 Rules (Buying Wallet)

  • • Connect to marketplaces here
  • • Buy here
  • • Expect lots of activity and UTXOs
  • • Keep extra BTC for fees
  • • Move rare sats to vault periodically

Wallet 2 Rules (Vault Wallet)

  • • Do NOT buy here
  • • Do NOT connect to marketplaces
  • • Store rare sats only
  • • Only send out if absolutely needed
  • • Treat like cold storage

FAQs

Why do I see bc1q and bc1p in the same wallet?

Because Xverse supports both: SegWit for normal BTC activity, and Ordinals (Taproot) for ordinals and rare sats style tracking.

Can I just use two accounts inside one Xverse app?

You can, but it is not truly separated. Many times it is still the same seed phrase. If you want a real vault, make a completely separate wallet with a new seed phrase.

What is the main beginner mistake?

Using one wallet for everything and accidentally spending rare sats as change or fees.

How often should I move rare sats to the vault?

Whenever you have enough to justify it. Some people do it weekly, some monthly. The goal is to keep Wallet 1 active and Wallet 2 clean.

Ready to see what rare sats you have?

Scan Your Wallet