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Topic: Bitcoin Forks -How to Claim the most valueable ones with Coinomi(trusted wallet) - page 2. (Read 551 times)

newbie
Activity: 10
Merit: 0
Hello, your text came out of the series.
Paranoia is everything, security is not enough.
Recently I tried to find a way to compose my own seed phrase to compose a private key of ETH, I could write my own algorithm, but it was not worth my time.
Instead, I downloaded an offline MEW and now don't worry about online registration.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Hello,
Since August 1st with Bitcoin Cash fork, many BTC forks are going on, and some of them are pretty valuable, like BitcoinCash and Bitcoin Gold.
I am a bit paranoid, and I don't like to install wallets from these obscure forked coins in my computer, I am afraid these wallet may be infected with malicious software, virus, whatever.

Coinomi Android Wallet has a very good reputation in cryptocurrency community, and it supports most of these forks. In this guide I will show how easy is to claim them.

First, these are the supported forks:
   Name                  Fork Date         Price USD  (03/03/2018)
   Bitcoin Cash            Aug 1st, 2017         1200
   Bitcoin Gold            Oct 24th, 2017         110
   Bitcore                  Nov 2nd, 2017         18
   Bitcoin Atom         Jan 24th, 2018         17
   Bitcoin Private      Feb 28th, 2018         ?

If you held BTC in any of these dates, you have these coins in your bitcoin address. Not all of them are 1:1, Bitcore is 1:0.5 ratio (0.5 BTX for each BTC you own).

To claim them, follow these steps:

1 - Move all your Bitcoin (BTC) to another wallet, with a different seed phrase. (Most Important Step)

2 - Download Coinomi wallet:
https://play.google.com/store/apps/details?id=com.coinomi.wallet

2 - In Coinomi, add these coins: Bitcoin Cash, Bitcoin Gold, Bitcore, Bitcoin Atom and Bitcoin Private.


3 - In browser private mode or in a offline computer, go to this website (BIP39 Mnemonic Code):
   https://iancoleman.io/bip39/
   insert you recovery phrase (Remember to move all your bitcoin from this wallet first!! Step 1)
   In Coin textbox, choose Bitcoin.
   Still in BIP39 Mnemonic Code website, scroll down to Derived Address.


4 - Open your Coinomi Wallet and open each of your forked coins wallet. Click on QR Code Icon (top right corner) and scan each Private Address QR Code shown on bip39 website you just opened, until you have claimed them all.

5- Do this to every forked coin.

I have successfully claimed all these coins following the steps above.
There are many more Bitcoin Forks around (most are shown on btcdiv.com), but I haven't claimed them yet since they are not supported from any trusted third party wallet yet. If you know any, tell me please.

images from https://coinomi.freshdesk.com
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