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Other derivation paths
14 Feb 2026

Keycard holds the user's seed privately and has the ability to derive and sign with any keypair derived from the seed. However, when Shell is connected to a software wallet, Shell provides a list of public keys the software wallet can access.

In some cases, advanced users might want to use some specific derivation paths with their software wallet:

  • On Ethereum, if they use keypairs that have been set up by Ledger Live or Ledger Legacy.
  • On Bitcoin, if they want to use alternate accounts (with an account number different from 0, see table below), or Bitcoin testnet.

In these cases, the user will connect Shell to their software wallet by going to Connect to software wallet > Others and choose among the different options.

Menu ItemxPub provided to software wallet in the QRSoftware wallet can access
Ethereumm/44'/60'/0' (bip44)m/44'/60'/0'/x/x
Bitcoinm/84'/0'/0' (native segwit)
m/49'/0'/0' (nested segwit)
m/44'/0'/0' (legacy)		m/84'/0'/0'/x/x (native segwit)
m/49'/0'/0'/x/x (nested segwit)
m/44'/0'/0'/x/x (legacy)
Bitcoin MultiSigm/48'/0'/0'/2' (P2WSH)
m/48'/0'/0'/1' (P2WSH-P2SH)
m/45' (P2SH)		m/48'/0'/0'/2'/x/x (P2WSH)
m/48'/0'/0'/1'/x/x (P2WSH-P2SH)
m/45'/x/x/x (P2SH)
Bitgetm/84'/0'/0' (native segwit)
m/49'/0'/0' (nested segwit)
m/44'/0'/0' (legacy)
m/44'/60'/0' (bip44)		m/84'/0'/0'/x/x (native segwit)
m/49'/0'/0'/x/x (nested segwit)
m/44'/0'/0'/x/x (legacy)
m/44'/60'/0'/x/x
Others - Ledger Liveuser chose N in Shell UI
m/44'/60'/N'
m/44'/60'/N'/x/x
Others - Ledger Legacym/44'/60'/0'
Shell indicates that paths are intended to have only 1 level down		m/44'/60'/0'/x
Others - Bitcoin (alt accounts)user chose N in Shell UI
m/84'/0'/N' (native segwit)
m/49'/0'/N' (nested segwit)
m/44'/0'/N' (legacy)
m/84'/0'/N'/x/x (native segwit)
m/49'/0'/N'/x/x (nested segwit)
m/44'/0'/N'/x/x (legacy)
Others - Bitcoin MultiSig (alt accounts)user chose N in Shell UI
m/48'/0'/N'/2' (P2WSH)
m/48'/0'/N'/1' (P2WSH-P2SH)
m/45' (account N ignored) (P2SH)
m/48'/0'/N'/2'/x/x (P2WSH)
m/48'/0'/N'/1'/x/x (P2WSH-P2SH)
m/45'/x/x/x (P2SH)
Others - Bitcoin Testnetuser chose N in Shell UI
m/84'/1'/N' (native segwit)
m/49'/1'/N' (nested segwit)
m/44'/1'/N' (legacy)
m/84'/1'/N'/x/x (native segwit)
m/49'/1'/N'/x/x (nested segwit)
m/44'/1'/N'/x/x (legacy)

On the main Shell menu, the Addresses entry allows you to choose Ethereum or Bitcoin. The addresses shown to the user are the following.

Menu ItemShell shows these addresses
Ethereumm/44'/60'/0'/0/N
user changes N by going left/right with arrow keys
Bitcoinm/84'/0'/0'/0/N (native segwit)
user changes N by going left/right with arrow keys
note
If you want to check the public keys of other derivation paths, use your software wallet.
Last edited
14 Feb 2026