As many of you know, one of the Bitcoin hardforks that had occurred in the recent past was the creation of Bitcoin Gold around October 25, 2017. That being said, it took several weeks for subsequent exchanges and cold wallets to get Bitcoin Gold set-up as well as awaiting on the Bitcoin Gold team to fix bugs and errors.
During this one month timeframe since the hardfork, I personally had totally FORGOTTEN that I could claim my Bitcoin Gold with the Ledger Nano S wallet where I store my Bitcoin.
At first, I thought it was a little bit confusing to claim the Bitcoin Gold with the cold wallet, simply because there is a little bit more steps to take rather than say, if you had left your Bitcoin in an exchange such as Bittrex, where they already automatically issued the Bitcoin Gold in separate wallet address.
But after successfully claiming my Bitcoin Gold using my Ledger Nano S, I found it quite easy and simple and wanted to share how I did it, in case anyone else out there has had doubts or questions about how to claim them using Ledger Nano S.
Step One
Be sure that you have Ledger Manager and the Ledger Wallet Bitcoin - Chrome Apps downloaded.
Step Two
Turn on your Ledger Nano S by connecting it to your laptop, type in your PIN, and then access the Ledger Manager app.
Within the Ledger Manager Chrome app, be sure to find the Bitcoin Gold app, and download it to your Ledger Nano S.
You may need to delete some other crypto wallets to have enough sufficient space to have Bitcoin Gold app downloaded.
Step Three
Now exit the Ledger Manager Chrome app, and open up the Ledger Wallet Bitcoin Chrome app.
Be sure to toggle to the Bitcoin Gold screen, and activate it.
Step Four
After you activate, you should see this screen below.
In tiny text at the bottom, be sure to click on "BTG Split Tool".
Then you will be prompted to choose Legacy or Segwit
It's whatever Bitcoin version you have on your Ledger Nano S. If uncertain, usually your Bitcoin will be Legacy. If it's not Legacy, then check your Segwit.
Step Five
Now you will see the Bitcoin Gold display. In my case, I already moved my Bitcoin Gold over to Bittrex to exchange for other types of alternative cryptocurrencies. And that's it! Simply as that.
Have any of you forgotten to claim your Bitcoin Gold?
Will you keep your Bitcoin Gold or will you sell it to get something else?
Let me know below in the comments!
It can be a daunting task to try and claim forked bitcoin but this guide is very simple! bookmarked for when I get a ledger nano s...
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Yes once you get your Ledger Nano S ... you'll like it as the go to cold wallet. You might end up wanting to get a second Ledger Nano S so you can hold more crypto wallets ... one usually can only hold at most 5 coins ... so hence why I've got 2.
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Interesting post, I'm still very new to understanding all of the different types of cryptocurrency and how they work but my husband is really into it. I was thinking of getting him a Ledger Nano S for Xmas and stumbled across this post - can you basically claim Bitcoin Gold if you already have Bitcoin?!
Sorry if this is a dumb question :)
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You can claim Bitcoin Gold if you held on to Bitcoin before the October 25 hardfork and have the private keys on or before that time period.
And yes, Ledger Nano S would be such a GREAT gift for Xmas... your husband would love that!
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Ooh...ok good information to know. I might ask him about that and see if he knew already. Fantastic, I think I will order one shortly :D thanks for the advice!
Keep up the great posts by the way, love reading your travel posts from around Hawaii!
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