A Beginner’s Guide to Claiming Your Bitcoin Gold (and Selling It)

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However, unlike previous forks such as Bitcoin Cash which made me 0. Just as a matter of interest note the value of that account showing there, 0. We go to the Addresses tab and look for the address that holds our BTC.

If you have done many transactions it may be split across addresses — in this case you will have to make multiple claims. Right-click on the appropriate address and choose Copy Address to get it into the clipboard. In fact, this coinomi bitcoin gold price of claiming BTG will coinomi bitcoin gold price the private keys of your Electrum Wallet so you are advised to move out your BTC to a new wallet anyway; this is just to avoid the small possibility of hacking.

At this point you need to decide if you want to claim or not. In this case the claim is worth 0. The process is relatively straightforward, if a bit fussy. You install the Coinomi app on an Android phone and give it your private keys so that it can access your new BTG. Look for the line that matches the address of your BTC in the left column, and the key is in the right column — you need to type this into Coinomi as described in coinomi bitcoin gold price infographic.

If it asks you to confirm coin type select Bitcoin Goldthen Sendenter the password and Confirm. Once the BTG appears, click on the arrow next to it to move it into Trading Account so you can sell it. Click on Exchange in the top menu bar. You should coinomi bitcoin gold price an acknowledgement and the BTG should be sold within a minute or two — you can confirm this in the My Trades tab under the chart.

If the market is falling your BTG may not get bought, for obvious reasons. If so you can find your BTG trade in the Active Order tab, cancel it, and try again at a lower price. Press Withdraw and coinomi bitcoin gold price the amount to transfer.

As ever there will then be a delay as the transfer takes place and the BTC appears in your Electrum Wallet. The leading Bitcoin and Cryptocurrency site for UK investors.

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Some observers believe that the Bitcoin Gold hard fork may have already occurred in private. We don't know if that is true. The only sure thing is that the project developers will definitely open the new blockchain to the public only when the legacy Bitcoin chain reaches block number ,, which will happen on October 24, at 10 am UTC - five hours from now at the time of writing. The BTG network will go live on November 1. Many crypto exchanges have already detailed their plan for the upcoming hard fork.

Most of them will credit bitcoin holders with Bitcoin Gold tokens. The most important exception is Coinbase and GDAX which stated that they would not support the fork, which they see as incompatible with current Bitcoin. The statement says the company may decide later to provide distribution support for the split tokens.

At least two hardware wallet providers have detailed their plans publicly on BTG. Satoshi Labs, the Prague-based owner of Trezor Wallet, will wait until the new blockchain is alive and valid before making official announcements on Bitcoin Gold. Moreover, Trezor highlighted that Bitcoin Gold developers had not added replay protection yet, which poses a problem for a lot of service providers and SPVs. Ledger, also detailed its plan on the bitcoin gold situation.

Nothing else [is] necessary. The Coinomi Wallet will be supporting Bitcoin Gold, and it will offer split tokens support once the hard fork goes live on November 1. Coinomi has already published a step-by-step process on how a user will be able to obtain their bitcoin gold tokens. Bittrex announced they would be crediting users with bitcoin gold if they held bitcoin on the exchange before block , Additionally, seven bitcoin exchanges in Japan have made announcements concerning the planned Bitcoin Gold hard fork.

The company announced on Saturday that its customers will be credited with an amount of bitcoin gold corresponding to the amount of bitcoin in their accounts before the split. No suspension of service is scheduled. Other Japan exchanges will only distribute the coins, while others are taking a wait-and-see approach. However, Coincheck explained that they may not be able to provide the new cryptocurrency.

We are planning to distribute bitcoin gold after we confirmed its security and stability. Bitpoint announced that they would give bitcoin gold to customers according to the number of bitcoins held at the time of the fork.

However, the exchange underlined that this could be delayed if the new blockchain is unstable or there is a risk of replay attacks, the exchange conveyed. No service suspension has been planned. As for BTG withdrawal and deposit, Bitpoint added:. Regarding the withdrawal and deposit services and the buying and selling of the newly generated bitcoin gold, since the security design of the newly formed blockchain has not been sufficiently confirmed, its handling is undecided at this stage.

But the timing is undecided, and the exchange will temporarily suspend bitcoin deposits and withdrawals around At the moment, there are no plans to offer services such as buying and selling of bitcoin gold. Three other Japanese exchanges have stated that they will wait before making any announcements on Bitcoin Gold.

Fisco and Bitbank have adopted a similar stance. Bitbank will also not support Bitcoin Gold. Thus it will not grant bitcoin gold to customers. However, the company will take a snapshot of customer assets at the time of the split so that it can review the situation in the future. Please click here if you are not redirected within a few seconds.

Will credit BTG but without listing it Bittrex announced they would be crediting users with bitcoin gold if they held bitcoin on the exchange before block , Yes to Bitcoin Gold Coincheck plans to support the new Bitcoin offspring.

Bitpoint will also credit BTG to bitcoin holders Bitpoint announced that they would give bitcoin gold to customers according to the number of bitcoins held at the time of the fork. As for BTG withdrawal and deposit, Bitpoint added: This article should not be taken as, and is not intended to provide, investment advice on Bitcoin, Cryptocurrencies or finance in general.

What Is Bitcoin Gold?