Bitcoin gold (BTG) was created as a fork of the main bitcoin. In short, Bitcoin Gold is a new cryptocurrency that forked out on Bitcoin last 24 October 2017 from the block height of 491407. If you are holding Bitcoin in your wallet on 24 October 2017, you are entitled to the same amount of Bitcoin Gold. Bitcoin gold was not working since unless you update to the latest version of Exodus. This effectively created as two versions of the same blockchain. Below we listed the instructions on how to claim your Bitcoin Gold.
Claim your Bitcoin Gold on Supported Exchanges
If you had your bitcoins exchange that supports bitcoin gold during the snapshot date, it will be good news for you, then you don’t need to do anything in your account automatically credited with the amount of proportional BTG. Here we mention the list of exchanges that support bitcoin gold.
Update & Install Wallet with coinomi
We are going to tell you the recovery of BTG from the coinomi android wallet. If you have already coinomi then you should update your wallet with the latest version. Firstly go on play store or apple store, click on the top left menu, select my app and games click on the update button next to coinomi wallet. In case you don’t have coinomi please install the latest version from the app store.
Bitcoin Gold money giveaway
on the time when the fork happened – block 491,407 anyone who buy bitcoin automatically received an equal amount of biotin gold. Just simple at that time if you have five bitcoin you would also have same bitcoin gold. Bitcoin holding is unaffected, and the value of bitcoin depends over the time. Every wallet handled the fork in different ways, some of the exchanges automatically added the bitcoin gold in their user accounts and some of the exchange wallets would prompt users to claim their bitcoin gold.
Claim Bitcoin Gold with electrum
Using electrum andy try those into coinomi how to do it. First of all download the electrum. Choose and create a new standard wallet, Choose and create a new wallet with your seed phrase. Export the private keys to a CSV file. In exchange for coinomi create a new wallet, click on the menu bar in the top right choose sweep wallet, then enter your private key click on the next button. Never share your personal key with anyone.
Claiming Bitcoin Gold, step-by-step
Access you BTC wallet where you had your BTC at the time of the fork. Wallets like Jaxx, ledger, exodus many more, any other wallet that supports BIP44 type key generation.
These wallets take out your seed words, the seed words are the 12, 18 and 24 word long phrases you backed up while setting up your wallet.
Use your coinomi wallet along with these seed words key for restringing your BTC Wallet.
Your BTC wallet has been restored on coinomi using these seed keys you will able to see your BTC balance at the time of fork.
In your coinomi wallet, click on the top left menu bar, plus coin button, then select bitcoin gold from the mind-blowing list of coinomi supported coins 90 and 215 tokens.
Where to sell your Bitcoin Gold
After the complete claimed process of your bitcoin gold coins, what do you with coins, you can deposit BTG into HitBTC or bittrex to sell it for BTC, USD, or any other altcoin you want. You can make a deposit by going to your funds' tab and clicking deposit. Don’t confuse in BTC or BTG. it will take some confirmation for your funds to appear in your account.
Conclusion: In this post, we share the information about how to claim your bitcoin gold with a secure method. Everyone should always do their own research and due diligence before sending funds to any third party.
Note: If you are looking for Bitcoin Exchange Software then contact us.