However, to be on the safe side at this point in time, we are not fully comfortable recommending any Bitcoin Cash software. Update, August 7: More exchanges are opening up BCH trade and deposits, including (but not limited to) Bitfinex, Kraken, Changelly and Shapeshift. In this case, you’ll have to figure out for yourself whether this is the case or not, and how to do so. (Make sure not to send BTC to this same paper wallet later on either, though how to get bitcoin cash from electrum. The third factor was already mentioned but bears repeating: if you’re using insecure software to claim your BCH, your BTC may be at risk. Much is still uncertain, but to the extent that the situation can be understood at present, this article explains how you can claim — and potentially use — your BCH. See the above section on paper wallets for more details. Once you know what you’re doing, move your BCH either to a new address or wallet that you control, or perhaps to an exchange to sell, or whatever it is you want to do with your “free money.
Just like any other (alt)coin, you could for example sell it for BTC, or perhaps spend it somewhere, or move it to another wallet, etcetera. com have published blog posts explaining how to access your BCH through these wallets, even if you were using different wallets on August 1st. That way, even if the Electron Cash wallet manages to steal your private keys, or the computer you use is insecure, the damage should be limited: these Bitcoin private keys won’t hold any BTC anymore. (There may be more privacy-friendly options to trade your BCH available in the near future, but these aren’t ready yet. Full Node Wallet Our first recommendation was to use a full node wallet, like Bitcoin Core or Bitcoin Knots. This means you now hold BTC as well as BCH. If you are not careful, you may accidentally expose your private keys while claiming your BCH. In our beginner’s guide to surviving the BIP 148 split, which was subsequently updated to also cover the Bitcoin Cash launch, we explained how to secure your private keys so you could be sure to access your BCH.
(Though in both these cases, it could come in handy to keep some records of the Bitcoin addresses that stored your bitcoins at time of the split. This includes instructions for full node wallets. It is all very new, developed within a short timeframe, and the peer review done on all this software has probably not been as extensive as it usually is within the Bitcoin space.0x.. As such, you should be able to access your BCH by inserting this seed into a dedicated BCH wallet. Paper Wallet Our second recommendation was to use a paper wallet. There is no guarantee you will actually receive BTC after you ve sold your BCH on these platforms, and possibly little repercussion if you don t. NBitcoin developer Nicolas Dorier created a splitting tool, which allows you to split your BTC from your BCH. .