Topic: Claiming Bitcoin Cash with Electrum Wallet (Read 6933 times)
Thank you jackg, escrow.ms and everyone, thanks to your helpful advice, it works perfectly for me as well.
The use of a second computer and 2nd Electrum wallet is a security measure to protect your BTC. It isn't strictly required, but is recommended. The idea is that by moving your BTC to a new wallet with new seed/private keys, if the BCH wallet turns out to be "Bad" and it steals your seed or keys, then only your BCH is at risk as your BTC has already been moved. The use of a second computer is also an extra step to protect your wallet file from being stolen.
The same thing can be achieved using VMs or live distro bootable USBs/CDs etc... as mentioned, it's not necessary, just a good idea
And yes, by seed they mean the 12 words
Thanks.The same thing can be achieved using VMs or live distro bootable USBs/CDs etc... as mentioned, it's not necessary, just a good idea
And yes, by seed they mean the 12 words
I did this over the weekend and it worked perfectly.
You're not moving BTC to "split" your coins... The fork and replay protection had already effectively done that.
You're moving your BTC to protect your BTC from theft should whatever BCH wallet you choose to use turn out to be "bad" and it steals your wallet/seed/private keys...
If you move your BTC to a completely new wallet... Even if ElectronCash then sends your old seed/private keys to the hacker, your BTC is safe as it is in a different seed/private key.
Sending to an exchange will do the same thing, but if you send it back to your old Electrum wallet, you're putting it back on the old seed!
The idea of using a 2nd machine or a VM or live distro CD/USB further increases the security by preventing your BCH wallet from being able to steal your wallet file for new wallet, as it would effectively be on a "separate" device
You're moving your BTC to protect your BTC from theft should whatever BCH wallet you choose to use turn out to be "bad" and it steals your wallet/seed/private keys...
If you move your BTC to a completely new wallet... Even if ElectronCash then sends your old seed/private keys to the hacker, your BTC is safe as it is in a different seed/private key.
Sending to an exchange will do the same thing, but if you send it back to your old Electrum wallet, you're putting it back on the old seed!
The idea of using a 2nd machine or a VM or live distro CD/USB further increases the security by preventing your BCH wallet from being able to steal your wallet file for new wallet, as it would effectively be on a "separate" device
This is the user who produced electron cash: https://bitcointalksearch.org/user/jonaldfyookball-261027
I think electron cash should be pretty safe.
You say "If you move your BTC to a completely new wallet".. how can I do that ? I don't have another computer, so is it safe to create a new wallet by opening my Electrum ad use the "New/restore" menu item 
?
?Yes, make a new wallet on your normal computer.
If it's a large amount of bitcoin, you could always run the separate electrum client on a vps for a fairly low fee (but it should be fairly safe anyway).
You say "If you move your BTC to a completely new wallet".. how can I do that ? I don't have another computer, so is it safe to create a new wallet by opening my Electrum ad use the "New/restore" menu item ?
? 
You're not moving BTC to "split" your coins... The fork and replay protection had already effectively done that.
You're moving your BTC to protect your BTC from theft should whatever BCH wallet you choose to use turn out to be "bad" and it steals your wallet/seed/private keys...
If you move your BTC to a completely new wallet... Even if ElectronCash then sends your old seed/private keys to the hacker, your BTC is safe as it is in a different seed/private key.
Sending to an exchange will do the same thing, but if you send it back to your old Electrum wallet, you're putting it back on the old seed!
The idea of using a 2nd machine or a VM or live distro CD/USB further increases the security by preventing your BCH wallet from being able to steal your wallet file for new wallet, as it would effectively be on a "separate" device
You're moving your BTC to protect your BTC from theft should whatever BCH wallet you choose to use turn out to be "bad" and it steals your wallet/seed/private keys...
If you move your BTC to a completely new wallet... Even if ElectronCash then sends your old seed/private keys to the hacker, your BTC is safe as it is in a different seed/private key.
Sending to an exchange will do the same thing, but if you send it back to your old Electrum wallet, you're putting it back on the old seed!
The idea of using a 2nd machine or a VM or live distro CD/USB further increases the security by preventing your BCH wallet from being able to steal your wallet file for new wallet, as it would effectively be on a "separate" device
That's what I thought I would do, yes. I don't understand what means "exposed your private keys"... Both my Electrum and my Electron Cash wallets "know" my seed, anyway, so I don't understand...
What else could be done ?
This is really rocket science for me ; would please explain how this works, and what to do instead...?
What else could be done ?
This is really rocket science for me ; would please explain how this works, and what to do instead...?
@ziggy2: Wait, you're moving your btc from your electrum wallet to an exchange then BACK to your original electrum wallet? Is that smart? Considering you will have exposed your private keys while claiming the bitcoin cash.
Wonderful, thank you, you have greatly helped. The cryptocurrency world is full of traps when you are not very knowledgeable about this technology...!
Thank you. 
I have still another question, hoping I'm not bothering you too much. I've read these instructions on this forum:
1.Open up ElectrumCash 2.9.2 (Make sure you have latest version)
2.Click on New/Restore
3.Select wallet with two-factor authentication and click Next
4.Select I already have a seed and click "Next"
5.Enter your Electrum wallet seed and click Next
6.Select disable and click next
7.Enter password and click next and check if it's showing balance and try to spend it.
About item #3 : I think don't have a 2FA on my Electrum wallet - I just enter my complex password (I know, it's not very safe) - , do I have to select wallet with 2FA in this case ?
About item #6 : Since I haven't yet installed Electron Cash, is this instruction step "disable" different if I don't use 2FA ?
I have still another question, hoping I'm not bothering you too much. I've read these instructions on this forum:
1.Open up ElectrumCash 2.9.2 (Make sure you have latest version)
2.Click on New/Restore
3.Select wallet with two-factor authentication and click Next
4.Select I already have a seed and click "Next"
5.Enter your Electrum wallet seed and click Next
6.Select disable and click next
7.Enter password and click next and check if it's showing balance and try to spend it.
About item #3 : I think don't have a 2FA on my Electrum wallet - I just enter my complex password (I know, it's not very safe) - , do I have to select wallet with 2FA in this case ?
About item #6 : Since I haven't yet installed Electron Cash, is this instruction step "disable" different if I don't use 2FA ?
No You don't need to select 2FA, you need to select "Standard wallet" in step 3 and it should work for you and yes it will be different,electron won't show you step 6.
Thank you.
I have still another question, hoping I'm not bothering you too much. I've read these instructions on this forum:
1.Open up ElectrumCash 2.9.2 (Make sure you have latest version)
2.Click on New/Restore
3.Select wallet with two-factor authentication and click Next
4.Select I already have a seed and click "Next"
5.Enter your Electrum wallet seed and click Next
6.Select disable and click next
7.Enter password and click next and check if it's showing balance and try to spend it.
About item #3 : I think don't have a 2FA on my Electrum wallet - I just enter my complex password (I know, it's not very safe) - , do I have to select wallet with 2FA in this case ?
About item #6 : Since I haven't yet installed Electron Cash, is this instruction step "disable" different if I don't use 2FA ?
I have still another question, hoping I'm not bothering you too much. I've read these instructions on this forum:
1.Open up ElectrumCash 2.9.2 (Make sure you have latest version)
2.Click on New/Restore
3.Select wallet with two-factor authentication and click Next
4.Select I already have a seed and click "Next"
5.Enter your Electrum wallet seed and click Next
6.Select disable and click next
7.Enter password and click next and check if it's showing balance and try to spend it.
About item #3 : I think don't have a 2FA on my Electrum wallet - I just enter my complex password (I know, it's not very safe) - , do I have to select wallet with 2FA in this case ?
About item #6 : Since I haven't yet installed Electron Cash, is this instruction step "disable" different if I don't use 2FA ?
You shouldn't have any issues but make sure you have downloaded latest version of electron cash from their official site.
Thank you for the advice. I don't have dozens of Bitcoins, and I'm on a major, well-known exchange platform so it should not be an issue ; but I will double-chek.
There has been some debate about Electron Cash and Coinomi...With the "exchange account method" is one or the other better to use in your opinion ?
And last question; once the BTC would be back in my Electrum wallet, is there any known risk to have both wallets (Electron and Electrum) on the same computer ?
Again, thank you for your help.
There has been some debate about Electron Cash and Coinomi...With the "exchange account method" is one or the other better to use in your opinion ?
And last question; once the BTC would be back in my Electrum wallet, is there any known risk to have both wallets (Electron and Electrum) on the same computer ?
Again, thank you for your help.
Thank you !
Is't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Is't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Just make sure your exchange account is fully secured and does not have withdrawal limits. Because I remember once a friend sent his coins in a exchange without having a fully verified account and he had to wait for a week to get them back.
Thank you !
Isn't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Isn't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Thank you !
Is't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Is't this simpler and safer ? With a new Electrum wallet, it seems that some people have had somme difficulties with privates keys, etc.. Whereas with the exchange platform, the only risk is that it closes all of a sudden or suspends withdrwals within minutes without warning - not very likely ?
Hello,
I have read this interesting post, and I say thank you to those who give advice on this tricky subject.
I have one question : can you simply send your BTC to your exchange account (for a while), and then install the BCH wallet (coinomi or electron cash) and proceed with the same instructions to get your BCH credited in your BCH wallet ? ...You could then get your BTC back from the exchange account to your existing PC (or cold) wallet. Am I missing something ?
Thank you for your help.
I have read this interesting post, and I say thank you to those who give advice on this tricky subject.
I have one question : can you simply send your BTC to your exchange account (for a while), and then install the BCH wallet (coinomi or electron cash) and proceed with the same instructions to get your BCH credited in your BCH wallet ? ...You could then get your BTC back from the exchange account to your existing PC (or cold) wallet. Am I missing something ?
Thank you for your help.
Yes, you can do that.
Hello,
I have read this interesting post, and I say thank you to those who give advice on this tricky subject.
I have one question : can you simply send your BTC to your exchange account (for a while), and then install the BCH wallet (coinomi or electron cash) and proceed with the same instructions to get your BCH credited in your BCH wallet ? ...You could then get your BTC back from the exchange account to your existing PC (or cold) wallet. Am I missing something ?
Thank you for your help.
I have read this interesting post, and I say thank you to those who give advice on this tricky subject.
I have one question : can you simply send your BTC to your exchange account (for a while), and then install the BCH wallet (coinomi or electron cash) and proceed with the same instructions to get your BCH credited in your BCH wallet ? ...You could then get your BTC back from the exchange account to your existing PC (or cold) wallet. Am I missing something ?
Thank you for your help.
Number 3 has me a little confused.
Could that a new wallet on the same computer?
And, why are we doing this anyway? Won't that make the orginal wallet balance be 0?
Number 4, on another computer i install Electon Cash and enter the seed (is the seed the random words created when i setup the original Electrum wallet?)
The use of a second computer and 2nd Electrum wallet is a security measure to protect your BTC. It isn't strictly required, but is recommended. The idea is that by moving your BTC to a new wallet with new seed/private keys, if the BCH wallet turns out to be "Bad" and it steals your seed or keys, then only your BCH is at risk as your BTC has already been moved. The use of a second computer is also an extra step to protect your wallet file from being stolen.Could that a new wallet on the same computer?
And, why are we doing this anyway? Won't that make the orginal wallet balance be 0?
Number 4, on another computer i install Electon Cash and enter the seed (is the seed the random words created when i setup the original Electrum wallet?)
The same thing can be achieved using VMs or live distro bootable USBs/CDs etc... as mentioned, it's not necessary, just a good idea
And yes, by seed they mean the 12 words
Hi, before the fork i installed Electrum wallet on my computer and moved my bitcoins into it.
Now that the price of BCC is getting pumped, i'd like to redeem coins on that blockchain, but obviously i want to keep my existing BTC.
Reviewing the post on Electrum's website:
1. Install Electron Cash on a machine that does not have your
Electrum wallets.
2. Wait until the BCC hard fork has taken place, and a few BCC blocks
have been mined.
3. Move all your Electrum funds to a new Electrum wallet. This will
move only your BTC, and not your BCC, because the BCC blockchain has
replay protection. Wait until the transaction is confirmed.
4. Enter the seed of your (now empty) old wallet or private keys in
Electron Cash. Since the BTC have been moved to a new wallet,
entering your old seed in Electron Cash will not put your BTC funds
at risk.
Following these 4 easy steps you will be able to access your BCC
without compromising your BTC.
-------------------
Number 3 has me a little confused.
Could that a new wallet on the same computer?
And, why are we doing this anyway? Won't that make the orginal wallet balance be 0?
Number 4, on another computer i install Electon Cash and enter the seed (is the seed the random words created when i setup the original Electrum wallet?)
Now that the price of BCC is getting pumped, i'd like to redeem coins on that blockchain, but obviously i want to keep my existing BTC.
Reviewing the post on Electrum's website:
1. Install Electron Cash on a machine that does not have your
Electrum wallets.
2. Wait until the BCC hard fork has taken place, and a few BCC blocks
have been mined.
3. Move all your Electrum funds to a new Electrum wallet. This will
move only your BTC, and not your BCC, because the BCC blockchain has
replay protection. Wait until the transaction is confirmed.
4. Enter the seed of your (now empty) old wallet or private keys in
Electron Cash. Since the BTC have been moved to a new wallet,
entering your old seed in Electron Cash will not put your BTC funds
at risk.
Following these 4 easy steps you will be able to access your BCC
without compromising your BTC.
-------------------
Number 3 has me a little confused.
Could that a new wallet on the same computer?
And, why are we doing this anyway? Won't that make the orginal wallet balance be 0?
Number 4, on another computer i install Electon Cash and enter the seed (is the seed the random words created when i setup the original Electrum wallet?)
I can not help you with electron cash as I did not go that route. However, Coinomi was very simple to use. Just a app to download from the app store and then it's fairly simple from there. Just use the link in the post above
Thought I'd bump this thread to report that I successfully claimed all my bitcoin cash from electrum wallet using Coinomi. If anyone needs detailed instructions with any part of the process, I'll be glad to help here!
Please instruct!
BCH getting more and more valuable, and Electrum's best advice so far is empty your current wallet to a new wallet and use seed of old wallet in Electron cash.
Any trustworthy way to extract BCH from current wallet, without needing to essentially close the current Electrum wallet, would be greatly appreciated!
Well this is essentially what I did, except I used Coinomi instead of Electron Cash. How far along in the process are you? Remember that you have to create a second ELECTRUM wallet first. Move all your coins to the 2nd wallet so your original wallet with all your coins before the fork is empty. Then download Coinomi onto your mobile and follow these easy instructions laid out here:
https://bitcointalksearch.org/topic/how-to-get-bitcoin-cash-from-many-walletsoftwareservices-with-coinomi-2062488
Obviously, much credit goes to HostFat for creating that thread.
As far as sweeping addresses, I only had to do 2 and they were the last 2 under the "Used" arrow (in electrum addresses tab)
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