Topic: Best Practice to: Bitcoin Core -> claim BCH -> BCH&BTC -> Ledger Nano S (Read 115 times)
January 17, 2018, 08:44:13 PM
Since you want to sell your BCH for BTC, I would say it would be easier to claim the BCH and selling it on an exchange for BTC before moving to Ledger Nano S. You cannot import private keys into your Ledger, so you'll have to perform a few transactions. Send the bitcoin from your Bitcoin Core wallet to the Ledger address after you installed the app(s). Then do the same with the bitcoin on your Jaxx wallet and withdraw the traded bitcoins from the exchange, also sending it to the Ledger address.
January 17, 2018, 08:29:12 PM
I have BTC in a Bitcoin Core wallet v0.14.1 with funds that are from before the Aug 1 BCH fork. I don't want to use Bitcoin Core at all moving forward.
I also have a Jaxx wallet which I've been dumping BTC into from some GPU mining, and don't really want to use that either moving forward.
I want to drop both of those and transfer my funds to my new Ledger Nano S which I've successfully setup, but have not done anything else with yet. There are a series of things I want to do, but I'm unsure of the best practice or sequence in which they should be performed so as not to mess things up.
How do you recommend I complete the following:
Any help provided would be most appreciated.
Regards,
Paul
I also have a Jaxx wallet which I've been dumping BTC into from some GPU mining, and don't really want to use that either moving forward.
I want to drop both of those and transfer my funds to my new Ledger Nano S which I've successfully setup, but have not done anything else with yet. There are a series of things I want to do, but I'm unsure of the best practice or sequence in which they should be performed so as not to mess things up.
How do you recommend I complete the following:
- Claim my BCH (from Bitcoin Core wallet), convert it to BTC and get it in my Ledger Nano S wallet? I don't care to do anything at all with BCH moving forward, I just want to claim it and convert it to BTC. I mentioned that I have a Jaxx wallet, since apparently, it has a way to claim BCH from before the fork? Would I need to import the Bitcoin Core wallet's private key into Jaxx for this to work (rather than transferring to Jaxx wallet)?
- Import the BTC in my Bitcoin Core wallet to my Ledger Nano S? If I understand correctly, sweeping the BTC to my Ledger wallet would be better than simply importing the private keys so as not to leave the core wallet behind as a potential vulnerability?
- How can I do this and keep transaction fees to a minimum?
Any help provided would be most appreciated.
Regards,
Paul
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