How to claim and sell bitcoin gold.A Beginner’s Guide to Claiming Your Bitcoin Gold (and Selling It)
Nov 16, · The process is as follows: Download Electrum. Create a new wallet from your seed phrase. Export the private keys of your wallet. Write down the private key that had Bitcoins in them prior to the fork. Create a Coinomi BTG wallet. Sweep the private key into the Coinomi BTG wallet. Estimated Reading Time: 7 mins. Mar 08, · 3 Steps to selling Gold for Bitcoin via SD Bullion. Step 1 Contact SD Bullion for a price quote on the gold bullion products you would like to sell. Agree to the quoted gold bullion bid price given. Step 2 Safely ship your gold bullion parcels fully insured and tracked to ted Reading Time: 3 mins. Aug 12, · Claim your Bitcoin Gold (BTG) from a paper wallet by this method: If you have the private keys in the form of paper wallet than by this Coinomi wallet’s interface you will be able to claim your ted Reading Time: 8 mins.
Be Careful.How Do I Claim and Sell Bitcoin Gold (BTG)? –
Mar 08, · 3 Steps to selling Gold for Bitcoin via SD Bullion. Step 1 Contact SD Bullion for a price quote on the gold bullion products you would like to sell. Agree to the quoted gold bullion bid price given. Step 2 Safely ship your gold bullion parcels fully insured and tracked to ted Reading Time: 3 mins. Option 1: Sell At Exchanges That Take Deposit. On the page for Bitcoin Gold (BTG) we track exchanges that allow depositing and trading of the coin and provide attributes for comparison in our directory. Right now, we are aware of 32 exchanges that take deposit and trade Bitcoin Gold (BTG). Bitcoin Gold: Beginner’s Guide to Claiming and Selling It. Bitcoin Gold (also referred to as Bgold, and trading under the ticker BTG) launched November 12, Since the Bitcoin blockchain technically forked on Bitcoin block , anyone who held bitcoin (BTC) on October 24, should have an equivalent amount of BTG attributed to their Bitcoin private keys.
How to claim and sell bitcoin gold.How to claim Bitcoin Gold? »
Apr 27, · Follow the guide below to claim your Bitcoin Gold in 5 minutes or less. Claim your Bitcoin Gold with a Hardware Wallet. TREZOR. 1. Update your firmware here 2. Use this tool to claim your BTG. LEDGER NANO S 1. Be sure yuo are using the most recent Ledger Wallet Bitcoin Chrome app (v) 2. Be sure you are using the most recent Ledger Nano S firmware (v) 3. Install the Bitcoin Gold . Mar 08, · 3 Steps to selling Gold for Bitcoin via SD Bullion. Step 1 Contact SD Bullion for a price quote on the gold bullion products you would like to sell. Agree to the quoted gold bullion bid price given. Step 2 Safely ship your gold bullion parcels fully insured and tracked to ted Reading Time: 3 mins. Nov 16, · This is a re-write of “A Beginner’s Guide to Claiming Your ‘Bitcoin Cash’ (and Selling It)”. Please note: Everything in this article is just advice based on our best understanding of the current situation. Bitcoin Gold (also referred to as Bgold, and trading under the ticker BTG) launched November 12, Since the Bitcoin blockchain technically forked on Bitcoin block
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Accessing Your Coins
Sell Gold for Bitcoin BTC (USA)
The Long Answer: Introduction
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Please note: Everything in this article is just advice based on our best understanding of the current situation.
Since the Bitcoin blockchain technically forked on Bitcoin block , anyone who held bitcoin BTC on October 24, should have an equivalent amount of BTG attributed to their Bitcoin private keys. The B2X fork has since been suspended by the leaders of that project, however, and it currently seems very unlikely to happen in any serious way. Good news: Bitcoin Gold enforces strong replay protection. You can just keep using bitcoin as you always have.
You can keep using BTC as if nothing happened; just make sure to never lose your private keys. In both these cases, however, it could come in handy to keep a record of the Bitcoin addresses that stored your bitcoins at the time of the split.
This is not strictly necessary, but your future self may thank you if you do it. You should be able to find this information in your wallet of choice, though where you find it may differ a little bit from wallet to wallet. Alternatively, you could move all your coins to a new address.
If you then look up all your transactions since October 25, , and note which addresses spent coins since that date, you know which addresses held coins at the time of the split. Therefore, you are going to want to take your time and make sure you understand what you are doing well enough to do it without exposing your private keys.
Here, you can find, per option, how to access your BTG. More on this below. Update: It was pointed out to us that the Coinomi wallet is now closed source. This means that you should definitely follow the suggested advice, and first move your BTC to a new address or a whole new wallet with a new seed before inserting your private keys into the Coinomi wallet!
This advice was given in the context of storing your coins long term in particular. But if you want to access your BTG, you can, of course, do this right away. However, the point of a paper wallet really is that your private keys are not stored in any device that could be hacked.
Electrum and Coinomi are two wallets that allow you to sweep Bitcoin private keys. Alternatively, you could type in the private key. Once your bitcoins are stored safely on the new paper wallet ideally after at least one confirmation , the old paper wallet still holds the BTG.
Now, the same trick must be repeated to access your BTG. Electrum does not support BTG, but Coinomi does. Coinomi also published a blog post explaining exactly how to access your BTG. This includes instructions for paper wallets. Our second recommendation was to use a regular wallet, as listed on bitcoin. How to access your BTG if you were using a regular wallet differs from one wallet to the next. But in most cases, Coinomi is once again the best wallet to import your keys into.
While originally written for Bitcoin Cash, this Coinomi blog post explains exactly how to make that switch for a number of wallets. Our third recommendation was to use a full node wallet, like Bitcoin Core or Bitcoin Knots.
These wallets store your private keys in a dedicated folder on your computer. You can make a backup of this folder using the menu in your wallet and select “Backup wallet. Indeed, at the time of writing, no hardware wallet has enabled access to BTG.
However, Ledger and Trezor have published blog posts indicating that they will be working on it. If you use either of these wallets, keep an eye out for announcements on their social media or blogs.
Keep an eye on their social media and blog to see if that changes. If you did not follow our advice and instead stored your BTC in any other wallet, or on an exchange, or anywhere else, you may or may not still be able to claim your BTG.
This Coinomi blog post may, once again, be of help for some wallets. Once you have claimed your BTG, you can use it however you please. If you decide to sell your BTG, there are a number of exchanges where you can do this. The Bitcoin Gold website lists most of them here. The first factor is privacy. This can, in turn, reveal a lot about your current holdings as well as your past and future transactions and can even, by extension, reveal other data about people or entities you transact with.
Make sure you are comfortable with giving up this privacy if you are going to send your BTG to an exchange or anywhere else. The second factor is mostly theoretical at this point but worth a quick mention nonetheless: security. By revealing your public key when spending BTG, you strip away one layer of cryptographic security, even for your BTC addresses. It is, therefore, best to move your BTC to a new address, at least some time within the next couple of years.
If your private keys are secure, your BTG is secure. If you want to use your BTG in any way, it’s probably best to first move your BTC to a whole new address that you control, or even to a whole new wallet generated from a new seed. Press Releases. By Aaron van Wirdum.
By David Kemmerer. By Colin Harper. By Mark Rees.
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