diff --git a/src/wallet/rpcwallet.cpp b/src/wallet/rpcwallet.cpp
index 447e17dcb9..25893c1156 100644
--- a/src/wallet/rpcwallet.cpp
+++ b/src/wallet/rpcwallet.cpp
@@ -4996,11 +4996,18 @@ UniValue initpegoutwallet(const JSONRPCRequest& request)
     }
 
     // Three acceptable descriptors:
+    bool is_liquid = Params().NetworkIDString() == "liquidv1";
     if (bitcoin_desc.substr(0, 8) ==  "sh(wpkh("
             && bitcoin_desc.substr(bitcoin_desc.size()-2, 2) == "))") {
+        if(is_liquid) {
+            throw JSONRPCError(RPC_INVALID_PARAMETER, "bitcoin_descriptor is not supported by Liquid; try pkh(<xpub>) or <xpub>.");
+        }
         xpub_str = bitcoin_desc.substr(8, bitcoin_desc.size()-2);
     } else if (bitcoin_desc.substr(0, 5) ==  "wpkh("
             && bitcoin_desc.substr(bitcoin_desc.size()-1, 1) == ")") {
+        if(is_liquid) {
+            throw JSONRPCError(RPC_INVALID_PARAMETER, "bitcoin_descriptor is not supported by Liquid; try pkh(<xpub>) or <xpub>.");
+        }
         xpub_str = bitcoin_desc.substr(5, bitcoin_desc.size()-1);
     } else if (bitcoin_desc.substr(0, 4) == "pkh("
             && bitcoin_desc.substr(bitcoin_desc.size()-1, 1) == ")") {