You need not send BTC to Ledger. Another way is sweep your private keys of your paper wallet in Coinomi bitcoin Cash wallet then you should be able to see your BCH. I have had a paper wallet since July. Now we are looking at another fork. Can I or why cant I just set up a ledger nano S and use my private key to transfer all maybe 4 coins to there appropriate chain? There are so many people scared to death using these paper wallets.
They like me have no idea first, if there private key will work as getting one they may have screwed up, second, we are being told we have to send to a software wallet which then exposes our private keys to the public. Why cant we do a simple sweep to Nano S. Do we have to pay fees twice then? This is why most people I know do not like Crypto. Hi, Sudhir. Thank you for sharing your experience. Whether I can claim BCH somehow or not? Thanks beforehand. You need to use the Bitcoin private keys of your core on which you had your BTC and import that key into Bitcoin Cash wallet of Coinomi..
That way you will be able to claim your Bitcoin cash. It will show any bch balance if at all unclaimed. I had all of my BTC on a paper wallet at the time of the split. Do you have an article that could help me claim that BCH? Sweep it in the appropriate format. It was confirmed on the block chain as an outward transaction on the BTC wallet but still has not arrived in the BCH wallet.
BCH is a cryptocoin called Bitcoin Cash. Hi, I had bitcoins on a paper wallet before the hard fork. Today I moved them to my new ledger nano s via blockchain. The problem is that I see my bitcoins in my ledger nano wallet, but there are no bitcoin cash..! Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. CoinSutra was founded in with the mission to educate the world about Bitcoin and Blockchain applications. A few important things to know: You can also claim BCH in the near future by using your private key as long as you had Bitcoin stored on your corresponding wallet as of 1st August However, there is no tested and secure wallet for this.
If you store your Bitcoin on a paper wallet, make sure to work in a super secure environment for recovering. Out of sight is out of mind. Your private key is the most important thing that ensures the safety of your Bitcoin and your Bitcoin Cash. So are you ready? Watch this tutorial Nano and HW. Open the Ledger Manager app Talked about this here. Install the Bitcoin Cash app on Ledger. If asked, confirm the installation on the device.
Clicking on settings will bring up a screen like this where you need to click on Blockchains. This will give you the option to select the blockchain you want to work on. Click on Bitcoin Cash, and on the next screen select Split. This will bring a screen like this: Now, what we are doing here is copying the receiving address of your Bitcoin Cash wallet and we will transfer BCH from the main wallet to the split wallet.
This will ensure the safety of your BCH tokens if in the future the developers decide to disable replay protection. Click on Receive and note down the BCH receiving address. Ensure that at the top it says Bitcoin Cash main chain. Now transfer all the funds to your BCH wallet address that you got in the earlier step. Now transfer all BCH funds from the main chain to the split chain and enjoy your free money.
Best Bitcoin Wallets. Harsh Agrawal. An international speaker and author who loves blockchain and crypto world. Join us via email and social channels to get the latest updates straight to your inbox. Related Posts. Show Hide 44 comments. Leave a Comment Cancel Reply Your email address will not be published.
When you own cryptocurrencies, what you really own is a private key , a critical piece of information used to authorize outgoing transactions on the blockchain network. Holding the private keys gives you access to your crypto, like holding a pin code to your debit card; in short it gives you access to your funds.
Being a crypto investor requires taking security seriously and owning your private keys gives you much more power and control. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone. The only people you can trust for storing your crypto assets is yourself.
Directly manage your Bitcoin Cash with Ledger Live. Ledger hardware wallet keeps your Bitcoin Cash safe, and Ledger Live app lets you directly manage your assets: buy, send, receive, or grow your BCH in one single app. More than crypto assets supported. Bitcoin Cash is a hard fork of the Bitcoin protocol that was born from a long-running debate in the Bitcoin community over the size of blocks in the blockchain. Bitcoin Cash was formed by a group of developers in August who viewed a larger block size as necessary for Bitcoin to scale and adequately function as a P2P digital currency originally envisioned by Satoshi Nakamoto.
Your newly brought crypto are immediately sent to the safety of your hardware wallet. In Ledger Live. PayPal is a popular method for buying Bitcoin Cash. While you can not purchase Bitcoin Cash directly from PayPal, you can use PayPal in conjunction with a trading platform such as Ledger Live or a peer-to-peer marketplace such as Kraken to buy Bitcoin Cash outright.
Because Bitcoin Cash is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin Cash itself is secure, but bitcoin are only as secure as the wallet storing them. Like in any other investment, securing your Bitcoin Cash must be a priority.
Your Bitcoin Cash are as secure as the wallet storing them. Ledger hardware wallets combined with Ledger live have been designed to help you buy and secure your Bitcoin Cash and other cryptocurrencies. Discover Ledger Nano. Bitcoin Cash was created by bitcoin miners and developers concerned by the limit of transaction processing time of Bitcoin BTC. Ryan J. I got my ledger after a lot of people advised I should keep my bitcoin safe with a hardware wallet.
Marc O. Really nice. Reginald D. Products like the Nano Ledger X will help cryptos such as Bitcoin become adopted the broader society. Announcements can be found in our blog.