<p>Non-spendable funds are simply funds that are not yours. Anyone who is telling you that funds are both yours and non-spendable is scamming you and you should stop talking to them.</p>

<p>The process of generating the private key takes place when the owner of the wallet creates the wallet. If you don't have the private key, it's not your wallet and anyone who is trying to tell you otherwise is trying to scam you.</p>

CC BY-SA 4.0
2020-02-24T08:13:36.173Z
2020-02-24T08:13:36.173Z
David Schwartz
<p>1) When is a Private Key generated? 
2) Where is it generated? 
3) Where is it stored? 
4) How do I use the Private Key to release funds from 'non-spendable' status</p>

<private-key>
Getting a Private Key
Marc
# Getting a Private Key

(Asked by: username_0 on 2020-02-24)

1) When is a Private Key generated?
2) Where is it generated?
3) Where is it stored?
4) How do I use the Private Key to release funds from 'non-spendable' status

**Tags:** private-key


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## 1 answers

### Answer by username_1 on 2020-02-24. Score: 4

Non-spendable funds are simply funds that are not yours. Anyone who is telling you that funds are both yours and non-spendable is scamming you and you should stop talking to them.

The process of generating the private key takes place when the owner of the wallet creates the wallet. If you don't have the private key, it's not your wallet and anyone who is trying to tell you otherwise is trying to scam you.


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