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Many individuals believed one of the safest methods to secure their cryptocurrency holdings during the hard fork was with a hardware wallet. Now, before you begin make sure you have your seed phrase available and that you feel percent comfortable with the entire splitting process. Ledger Wallet released its coin splitting tool the day before the August 1 fork, which supports features like sending, receiving, and storing the BCH currency.
First, go to the Ledger Wallet interface and download the applications manager. This will allow you to install the latest firmware and add the BCH currency to your device. After clicking update firmware connect on your Nano S, enter your PIN, and make your way to the dashboard. The device will then ask you to type your seed phrase and following this procedure you will have access to your bitcoins again and the ability to access the bitcoin cash wallet. Proceed to the application manager again and download all of the currencies you own including the Bitcoin Cash app.
Inside the bitcoin cash wallet select a receiving address and copy it to the clipboard. Following this step take a walk, or keep busy for an hour or so until the transaction is confirmed on the BCH chain. Downloading new firmware for Trezor does not require a device wipe, but you should always have your seed phrase handy when updating any Trezor firmware.
After the firmware is complete, you will then have access to the bitcoin cash wallet interface. When you head over to the coin splitting tool page , you can then claim your BCH from the funds left on accounts before the fork.
After this step, you will see your unconfirmed BCH transaction inside the wallet, and you will have to wait for your transaction to be confirmed in the next block. The extraction process using both the Trezor and Ledger hardware wallet is relatively simple but takes some time to complete. Moreover, other hardware wallets like Keepkey and Bitbox have also released extraction walkthroughs that offer similar splitting methods. Have you extracted your Bitcoin Cash from a hardware wallet yet?
Let us know in the comments below. Disclaimer: Walkthrough editorials are intended for informational purposes only. After the firmware is complete, you will then have access to the bitcoin cash wallet interface. When you head over to the coin splitting tool page , you can then claim your BCH from the funds left on accounts before the fork. After this step, you will see your unconfirmed BCH transaction inside the wallet, and you will have to wait for your transaction to be confirmed in the next block.
The extraction process using both the Trezor and Ledger hardware wallet is relatively simple but takes some time to complete. Moreover, other hardware wallets like Keepkey and Bitbox have also released extraction walkthroughs that offer similar splitting methods. Have you extracted your Bitcoin Cash from a hardware wallet yet? Let us know in the comments below.
Disclaimer: Walkthrough editorials are intended for informational purposes only. There are multiple security risks and methods that are ultimately made through the decisions of the user. There are various steps mentioned in reviews and guides, and some of them are optional.
Neither Bitcoin. For good measure always cross-reference guides with other walkthroughs found online. Show the world how cutting-edge you are with a bitcoin T-shirt, hoodie, bag, key-ring, even a Trezor hardware wallet. The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility.
We strongly advise our readers to conduct their own research when making a decision. Skip to main content. Ledger Ledger Wallet released its coin splitting tool the day before the August 1 fork, which supports features like sending, receiving, and storing the BCH currency.
Images via Shutterstock, and Ledger Wallet and Trezor interfaces.
Loved the ease of transferring the coin following your tutorial. THX: Will be holding. Question: when will I see the cash value for bit coin cash in the account? I am stuck, a really worried that I have lost my bitcoins that I have worked so hard to save for. I was getting the transaction error.
I uninstalled and reinstalled the Bitcoin cash app and the transaction succeeded. Thanks for the detailed procedure. In fact, I made a successful transaction from the bitcoincash app. However, in the process of trying to get my BCH, I used the split and main function in both apps: bitcoin app and bitcoin cash app. I do not know whether it is a consequence, especially because the ledger team identified the suppression of historical details as a problem, but now I cannot see the history of my bitcoin payments.
Do you know what I can do to see it again? I got nothing to lose with my free BCH. Who knows what could happen after a few years. Then I plan to use your tutorial. Yes, it should work if you use the same address of Ledger on which you had your BTCs before 1 August. Yes, you can refer the tutorial. Do share your experience. Hi, there! I have a Ledger Nano HW. Do you know the procedure to claim Bitcoin Cash from this wallet as well?
I really appreciate your help! Nano and HW. Here is the official guide for Ledger Nano HW. I read your approach to pre August 1st security and I removed my BTC from the exchange I use to a paper wallet several days prior to the fork. I held it there until mid day on August 1st when it looked like the fork was not going to wreck havoc on the Bitcoin blockchain. Will my Bitcoin Cash reside on my paper wallet, or did it move to Bread? Your Bitcoin Cash will be on the wallet address on which you had your BTC just before the fork happened.
I made the firm update before and also made an recovery. What can I do? Check the process again. Hi Just to clear confusion see this official post of Ledger and if the problem still persists please email their support, they are very helpful. I made the process again…still empty. Also send email to support — no answer. I have the same problem as Jeff above. BTC was in paper wallet during fork. What gives? 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. At the moment many mobile wallets have not yet released tools to extract BCH. There are a few ways to split these types of wallets and walkthroughs online giving basic steps.
Many individuals believed one of the safest methods to secure their cryptocurrency holdings during the hard fork was with a hardware wallet. Now, before you begin make sure you have your seed phrase available and that you feel percent comfortable with the entire splitting process. Ledger Wallet released its coin splitting tool the day before the August 1 fork, which supports features like sending, receiving, and storing the BCH currency.
First, go to the Ledger Wallet interface and download the applications manager. This will allow you to install the latest firmware and add the BCH currency to your device. After clicking update firmware connect on your Nano S, enter your PIN, and make your way to the dashboard. The device will then ask you to type your seed phrase and following this procedure you will have access to your bitcoins again and the ability to access the bitcoin cash wallet. Proceed to the application manager again and download all of the currencies you own including the Bitcoin Cash app.
Inside the bitcoin cash wallet select a receiving address and copy it to the clipboard. Following this step take a walk, or keep busy for an hour or so until the transaction is confirmed on the BCH chain. Downloading new firmware for Trezor does not require a device wipe, but you should always have your seed phrase handy when updating any Trezor firmware. After the firmware is complete, you will then have access to the bitcoin cash wallet interface.
When you head over to the coin splitting tool page , you can then claim your BCH from the funds left on accounts before the fork. After this step, you will see your unconfirmed BCH transaction inside the wallet, and you will have to wait for your transaction to be confirmed in the next block. The extraction process using both the Trezor and Ledger hardware wallet is relatively simple but takes some time to complete. Moreover, other hardware wallets like Keepkey and Bitbox have also released extraction walkthroughs that offer similar splitting methods.
Have you extracted your Bitcoin Cash from a hardware wallet yet?