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MultiBit wallet files: locations, formats, backups, and derivation paths

David Veksler By David Veksler Jul 12, 2026 6 min read Guides

MultiBit was one of the most popular desktop Bitcoin wallets of the 2011–2016 era, and it has been abandoned software since 2017 — no official downloads, no support, and installers floating around the web that you should not trust. If you've found an old MultiBit wallet or backup and want your coins, this reference covers what every file is, where it lives, and how to get the keys out. It condenses what we've learned recovering MultiBit wallets for clients — see the MultiBit wallet recovery service if you'd rather have it done for you.

There were two entirely different products under the MultiBit name, and the first thing to do is work out which one you have:

MultiBit Classic: file locations and formats

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Classic's data directory is typically:

…but Classic also let you save wallets anywhere, so search every old drive for *.wallet and *.key files before concluding anything is lost.

The files that matter:

So even a corrupt or deleted main wallet is frequently recoverable from its own -data folder. Check there before anything else.

Change addresses: MultiBit Classic was not an HD wallet and, in most versions, sent change back to your own existing addresses rather than to hidden change addresses — which is why sweeping the keys from a .key export normally captures the full balance. If a swept balance comes up short, an automatic key-backup snapshot from a later date usually contains the missing keys.

MultiBit HD: file locations and formats

MultiBit HD keeps everything under:

Each wallet lives in a folder named mbhd- followed by a long letter-number string. Inside:

MultiBit HD wallets are protected by a password (needed to decrypt mbhd.wallet.aes) and derived from a 12-word seed phrase shown at wallet creation. If you have the 12 words, you don't need any files at all.

The MultiBit HD derivation path (restoring the seed in Electrum)

This is the detail that trips everyone up: MultiBit HD did not use the BIP44 path modern wallets expect. It derived addresses under m/0' (first BIP32 account, receive chain m/0'/0, change chain m/0'/1).

To restore a MultiBit HD seed in Electrum:

  1. File → New/Restore → I already have a seed
  2. Enter the 12 words, click Options → BIP39 seed
  3. When asked for the derivation path, choose legacy (p2pkh) and enter m/0'

If you restore with the default BIP44 path (m/44'/0'/0'), you'll see an empty wallet and conclude your coins are gone — they aren't; the wallet is just looking in the wrong place. An empty-but-should-be-full restore is a derivation-path problem until proven otherwise. (The same trick recovers seeds from other bitcoinj-era wallets that used m/0'.)

Missing change after sweeping HD keys: if you exported or carved individual keys instead of restoring the seed, remember that change lives on the internal chain m/0'/1/… — sweeping only receive keys misses it.

"Could not load wallet" and other MultiBit errors

Don't run MultiBit itself — and don't download it

MultiBit's servers are gone, parts of the app fail against the modern network, and the installers on random download sites are exactly where fake and trojaned wallet software lives. The safe path is to take the keys or seed out of the MultiBit files and into modern software — our step-by-step guide to moving Bitcoin from MultiBit into Electrum covers the healthy-wallet case.

If the file is damaged, the password is gone, or the sweep came up short, that's our bread and butter: MultiBit wallet recovery — free evaluation, and no fee until your coins are back. Tell us what you have →

David Veksler

David Veksler

Founder of WalletRecovery.info and The Bitcoin Consultancy. Working in Bitcoin since 2013; recovering wallets for clients since 2017 as Veksler Consulting LLC (Colorado, USA). About David →