diff --git a/doc/release-notes.md b/doc/release-notes.md
--- a/doc/release-notes.md
+++ b/doc/release-notes.md
@@ -17,4 +17,7 @@
    `account` fields.
  - Add the `-finalizationdelay` to configure the minimum amount of time to wait
    between a block header reception and the block finalization. Unit is seconds,
-   default is 7200 (2h).
\ No newline at end of file
+   default is 7200 (2h).
+ - `signrawtransaction` RPC is now deprecated. The new RPCs 
+ `signrawtransactionwithkey` and `signrawtransactionwithwallet` should 
+ be used instead.
\ No newline at end of file
diff --git a/src/rpc/rawtransaction.cpp b/src/rpc/rawtransaction.cpp
--- a/src/rpc/rawtransaction.cpp
+++ b/src/rpc/rawtransaction.cpp
@@ -1155,7 +1155,8 @@
             "[{\"txid\":\"id\",\"vout\":n,\"scriptPubKey\":\"hex\","
             "\"redeemScript\":\"hex\"},...] [\"privatekey1\",...] sighashtype "
             ")\n"
-            "\nSign inputs for raw transaction (serialized, hex-encoded).\n"
+            "\nDEPRECATED.Sign inputs for raw transaction (serialized, "
+            "hex-encoded).\n"
             "The second optional argument (may be null) is an array of "
             "previous transaction outputs that\n"
             "this transaction depends on but may not yet be in the block "
@@ -1240,6 +1241,17 @@
             HelpExampleRpc("signrawtransaction", "\"myhex\""));
     }
 
+    if (!IsDeprecatedRPCEnabled(gArgs, "signrawtransaction")) {
+        throw JSONRPCError(
+            RPC_METHOD_DEPRECATED,
+            "signrawtransaction is deprecated and will be fully removed in "
+            "v0.20. "
+            "To use signrawtransaction in v0.19, restart bitcoind with "
+            "-deprecatedrpc=signrawtransaction.\n"
+            "Projects should transition to using signrawtransactionwithkey and "
+            "signrawtransactionwithwallet before upgrading to v0.20");
+    }
+
     RPCTypeCheck(
         request.params,
         {UniValue::VSTR, UniValue::VARR, UniValue::VARR, UniValue::VSTR}, true);
diff --git a/test/functional/signrawtransactions.py b/test/functional/signrawtransactions.py
--- a/test/functional/signrawtransactions.py
+++ b/test/functional/signrawtransactions.py
@@ -12,6 +12,7 @@
     def set_test_params(self):
         self.setup_clean_chain = True
         self.num_nodes = 1
+        self.extra_args = [["-deprecatedrpc=signrawtransaction"]]
 
     def successful_signing_test(self):
         """Creates and signs a valid raw transaction with one input.
@@ -40,12 +41,16 @@
             rawTx, privKeys, inputs)
 
         # 1) The transaction has a complete set of signatures
-        assert 'complete' in rawTxSigned
-        assert_equal(rawTxSigned['complete'], True)
+        assert rawTxSigned['complete']
 
         # 2) No script verification error occurred
         assert 'errors' not in rawTxSigned
 
+        # Perform the same test on signrawtransaction
+        rawTxSigned2 = self.nodes[0].signrawtransaction(
+            rawTx, inputs, privKeys)
+        assert_equal(rawTxSigned, rawTxSigned2)
+
     def script_verification_error_test(self):
         """Creates and signs a raw transaction with valid (vin 0), invalid (vin 1) and one missing (vin 2) input script.
 
@@ -98,8 +103,7 @@
             rawTx, privKeys, scripts)
 
         # 3) The transaction has no complete set of signatures
-        assert 'complete' in rawTxSigned
-        assert_equal(rawTxSigned['complete'], False)
+        assert not rawTxSigned['complete']
 
         # 4) Two script verification errors occurred
         assert 'errors' in rawTxSigned
@@ -119,6 +123,11 @@
         assert_equal(rawTxSigned['errors'][1]['txid'], inputs[2]['txid'])
         assert_equal(rawTxSigned['errors'][1]['vout'], inputs[2]['vout'])
 
+        # Perform same test with signrawtransaction
+        rawTxSigned2 = self.nodes[0].signrawtransaction(
+            rawTx, scripts, privKeys)
+        assert_equal(rawTxSigned, rawTxSigned2)
+
     def run_test(self):
         self.successful_signing_test()
         self.script_verification_error_test()