by Today I am going to talk about the fork again and the free money is created from thin air!!
Mind you, this is not the fork which you use to eat noodles, but the fork/split of the most legendary cryptocurrency – Bitcoin, and the free money created from thin air – Bitcoin Cash (BCH).
If you don’t understand what I am talking about, then I guess you have not read our guides on the Bitcoin fork and Bitcoin Cash (BCH):
For those you have just joined now (post-fork party), in a nutshell, this is what happened:
On
August 1, 2017
As of block 478559, the Bitcoin (BTC) network has hard forked into Bitcoin Cash (BCH)
This hard fork has now created Bitcoin Cash (BCH) which is worth $440 per unit (at the time of this writing) and is the third most valuable cryptocurrency according to CoinMarketCap.
Abracadabra!! Bitcoin Cash is worth $440, and it was just created out of thin air!
Isn’t it amazing?
At least to me, it is!!
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Claim Your [FREE] Bitcoin Cash Coins
BCH is free for every Bitcoiner who had any amount of BTCs and were also holding their private keys under their custody prior to the fork.
Now, post-fork, such Bitcoiners can simply use those BTC private keys to claim their BCH in a BCH-supported wallet.
For example, if you had 1 BTC, then after the split/fork, you will now have both 1 BTC and 1 BCH; in other words, your coin holdings have doubled as both coins now have the same private keys.
Now, let’s keep everything aside to quickly jump and see who is supporting Bitcoin Cash, as I know many of you might be looking to grab or trade your free Bitcoin Cash coins.
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Here are the wallets and exchanges supporting Bitcoin Cash (BCH). However, there are not many BCH wallets, as it is only a few days old! But for early birds, these are ample amounts of options.
- Must read: Sell bitcoin cash
Top 9Â Best Wallets For Bitcoin Cash (BCH)
1. Ledger Nano S (Hardware Wallet)
If you have a Ledger Nano S, then now you need not do anything to get ahold of your BCH after the fork. Ledger Nano S/Blue, Nano, and HW.1 owners just need to update a few things here and there to access their BCH. Here is the official blog post from Ledger further articulating the do’s and don’ts.
2. Trezor (Hardware Wallet)
Trezor has officially announced support for BCash (BCH). On August 1, they published this official step by step guide on how its users can claim BCH.
UPDATE: After some time, Trezor has taken down BCH support as is evident from their note on their blog which says: BCH wallet has been taken down from TREZOR Wallet, until further notice.
But stay tuned…
3. Coinomi (Mobile Wallet)
This is a popular lightweight multi-coin HD wallet for Bitcoin and other altcoins. It allows you to control your private keys and supports a maximum number of cryptocurrencies right now in the market. They have officially released a blog post supporting BCH and how to access it. Here is the step by step blog post.
It is only available for Android as of now, but iOS support is also coming soon.
4. Electron Cash (Desktop & Mobile Wallet)
Electron Cash is the fork of the original Bitcoin wallet, Electrum. It allows you to back up your wallet via a mnemonic seed phrase, like a true HD wallet. It is a light wallet as it doesn’t require you to download the full node of Bitcoin Cash. It is available for Windows, Mac, and Linux operating systems. It also has a version which supports Android mobiles, too.
5. BTC.com (Web & Mobile Wallet)
BTC.com is a popular web and mobile Bitcoin wallet. If you would like to access a web wallet that won’t compromise your private keys, then this is it. And according to this post, you will be able to access BCH.
Moreover, they have stated that:
“If the fork is successful, you will automatically have the equivalent amount of BCH as the amount of Bitcoin stored in your BTC.com wallet.”
See and explore their step by step guide on recovering BCH using their BCH recovery tool.
So far this tool works only in the web version, but it should soon be available for Android and iOS versions, too.
6. BU Bitcoin Cash Client (Desktop Wallet)
Bitcoin Unlimited’s Bitcoin Cash 1.1.0.0 edition has been released, and it supports BCH. This release is being offered by the Bitcoin Unlimited Developers ‘unofficially’ until the BU community has the opportunity to vote on whether Bitcoin Cash should be officially supported. It is available for Windows, Mac, and Linux operating systems. (Source: Bitcoin Unlimited)
7. Bitcoin Classic UAHF Client (Desktop Wallet)
Bitcoin Classic has also launched a desktop wallet called Bitcoin Classic 1.3.2, which is a BCH-compatible release. This will allow you to follow the Bitcoin Cash chain when it’s fully installed. It is also available for Windows, Mac, and Linux operating systems. (Source: Bitcoin Classic)
8. CashAddress (Paper Wallet)
Bitcoin Cash’s paper wallet script is now available. For those users who are comfortable with paper, wallets can go here and make one for themselves. But in my opinion hardware wallets are superior to paper wallets.
If you need a reference guide to make a paper wallet then refer to this one. Note: though this guide is for making Bitcoin paper wallet the process is similar for making BCH paper wallet also.
9. KeepKey (Hardware Wallet)
KeepKey’s support for Bitcoin Cash is now available.
For those of you who don’t know KeepKey is a cryptocurrency hardware wallet but is quite bulky to carry. However, I am not against KeepKey as they are doing a decent job and supporting now more than 5 cryptocurrencies including BCH.
But I prefer to use Ledger Nano S and Trezor more for convenience and faster cryptocurrency integration.
My Thoughts On Accessing BCH
Basically, there are all sorts of methods for claiming your BCH. In short, you will either need to export your BTC private keys on a BCH-supported wallet or you just need to do some sort of software update here and there depending upon the type of wallet you are using.
Word of Caution: Depending upon the kind of wallet you are using, you may require playing with your private keys. Hence, we advise you to do it cautiously by following the official announcements from your associated wallets.
Also, consider not to do large transactions using these BCH wallets as these are still the early days of Bitcoin Cash, so you should expect some hurdles and bugs in the BCH software.
That’s all from my side in this article. I will be updating this list of BCH wallets as more keep popping up, so keep an eye here!
And until that time, happy Bitcoin forking!
Do let me know in the comments section about which wallets you are using to access your BCH funds.
Like this post? Don’t forget to share it with your network!
For further reading:
- Where To Sell Bitcoin Cash (BCH) [Full list of Best BCH exchanges]
- The Top 5 Best Bitcoin Wallets That You Should Use For Storing BTC
- The 3 Best Hardware Wallets For Bitcoin of 2019 ( + Altcoins Supported)
- Here Is How You Can Transfer Ethereum To A Ledger Nano S
Thank you for this list, and for not mentioning the mobile device wallets provided by Freewallet.org. That was one of the first results in Google when I searched for “bitcoin cash wallet”. They were associated with millions of dollars of stolen Ether when the first spike in price happened. Be careful, everyone. There are people out there who want to gain your trust by being easy to find.
Hey Aware Person
Thanks for spreading awareness. Yes, we deliberately didn’t include freewallet in our list because of their evident scam. You may read here further.
Freewallet published an official announcement: no funds got lost or stolen from our users. The transactions that were so hastily claimed as suspicious were simply part of the rebalancing routine between different cold storages and hot wallets.
It’s been several months since catchy headlines popped up; however, we’re still receiving questions about that event. We’re grateful to our users who stay with Freewallet and trust us with their assets!
By the way, we released the first Bitcoin Cash wallet on the market, and were one of the first companies to announce the support for Bitcoin Gold.
You first prove me that the users reviews on the internet about freewallet is fake
There are many reviews on our app online, mostly from happy users. No product has only positive feedback as no product is flawless, and many people tend to express their requests for assistance this way. We’re actually interested in helping our users rather than ignoring them.
That’s great to know will look at it once again.
By the way, what are you doing BTG? When to expect support?
As soon as the BTG network is established in the beginning of November, all users who held BTC in their Freewallet accounts at the moment of the chain split will be credited with the same amount of BTG.
We’re currently expecting updates regarding the Bitcoin Gold network launch from BTG developers. Please stay tuned, we’ll keep you posted on the process to claim your BTG with Freewallet!
Sure but what about user complaints about Freewallet.
I don’t see any official statement from you guys on Monero scam here- https://bitcointalk.org/index.php?topic=1964190.0
Did you refund such users or what’s your say on this?
What Monero scam? The link you submitted was referring to the situation when rebalancing procedures between our cold storages were considered suspicious, mostly because of the amounts.
If you read the topic at Bitcointalk, there’s a reply posted by the company. No refunds were issued because no funds were missing from our users.
nice info
Where can I buy Bch with usd – I’ve tried Kracken,bitfinex,coinbase & none will accept usd or sell Bch- I have coinbase account and buy & sell bitcoin but not bch
Try HitBTC and Changelly
I have an account with Unocoin and had some BTC on the day of the split. Now Unocoin wants me to claim my Bitcoin Cash and is asking for a Bitcoin Cash Wallet Address. What do I do how do I claim these? I nee to do it before 21st August. I am new to this. Please help.
You can get any of the above-listed Bitcoin Cash Wallet and then get your Bitcoin Cash Wallet Address from that.
I am using Coinomi to keep my Bitcoin cash and so far it is working good. It is non-hosted wallet which allows you to control your private keys. So if you decide to use Coinomi, you will need to do the following things:-
-Install Coinomi
-Add BCH to your wallet.
-Once added click on Bitcoin Cash ticker.
-Then go to receive section
-There you will see your Bitcoin Cash Wallet Address
-Copy it and share it with Unocoin so that they send your BCH on your Coinomi address.
Hope this helps:)
Thanks for the prompt reply. Since I am new to all this, I went with btc.com. somehow i am more comfortable with web. Hope it’s a right decision. I am very thrilled to have found Coinsutra and hope you learn a lot about cryptocurrencies from you. You’re doing an awesome job.
Hi Shiv
BTC.com is a good option as they allow you to control your private keys despite being web wallet.
And thanks for your kind words on CoinSutra.
Hi Sudhir,
Do read the Security and Warning Notice at the end of my article at http://www.coinpurveyor.com/how-to/how-to-claim-bitcoin-cash-from-blockchain-wallet/ with regards to continuous usage of the Coinomi wallet.
Thank you.
@ Devon Thanks would appreciate if you can provide a legit link of such incidence because as per my knowledge Coinomi had a complex way of importing BCH that included direct use of private keys, so might be they lost it due to their own mishandling.
Moreover Coinomi’s wallet address flaw I am aware of but it doesn’t cost users their funds.
Waiting for your reply!!
Actually I don’t understand the concept of private keys…though I know they help protect your coins…
All I can say is when it comes to cryptocurrencies, only private keys really matter!
So I would highly recommend you to go through each blog post, but specifically these ones.
What is Bitcoin? A Beginner’s Guide.
Best Bitcoin Wallets
Bitcoin Private Keys: Everything You Need To Know
How To Make A Bitcoin Paper Wallet & How To Spend Bitcoins
Do share it with your friends & family on Twitter or Facebook if you find these useful.
Hello Sudhir,
Thank you for all the help on the matter. It is highly appreciated. Best wishes to you.
I have a question I have been trading Bitcoins since august 2016 and Since then I have used Blockchain wallet on my ios device. On 1st august I had some funds in my blockchain wallet (BTC) and was thinking of claiming the BCH against them using the phrase have read about btc.com could you please suggest if it is safe to do so.
Thanks & Regards,
S.P Singh
@Satinder
Yes, you can do that. Use Ledger or Coinomi wallet to do so. I will share a detailed tutorial for the same in the coming days.
Hello Sudhir, great job here.
I want to receive some BCH at my wallet.btc.com. I have never used it before and am confused. When i clicked at “receive” option its showing only the bitcoin (btc) wallet address and not bch address. Please let me know how can i get my bitcoin cash wallet/address there.
Thanks for your help.
@ Thanks and glad it helps.
When you log in to BTC.com you will see on the left a drop down to switch between BTC and BCH. Refer this image. Then as usual when you go to receive you will see BCH address.
Let me know if it works or not.
hello, i imported now from paper wallet bitcoin. this to be free on the private key to Import the bcc. so i opened a bitcoin wallet on btc.com. now i am looking for a way to Import from my private key the bcc. unfortunately it does not work. could you help me?
@Lexi What do you want to do?
Did you import the keys in BCH wallet of BTC.com or something else?
If you had BTC at the time of BCH fork try importing your private keys in Coinomi mobile wallet or BTC.com there you will be able to see your BCH.
Oh yes, it worked.
I wonder how I cant figured that out.
Anyway thanks for all the help mate. Keep it up the good work.
No probs
blockchain wallet supports Bitcoin cash?
can I get Bitcoin cash from blockchain wallet coz I had 3 Bitcoins as on 1 August??
hello sir,
i have 1 Bitcoin Cash in BlockChain.
Where i will transfer it for Fork? Of Bitcoin ABC.?
Please suggest me.
Thanks
Hello,please I would like to know if Coinbase wallets do support Bitcoin Cash. Is it possible to receive Bitcoin cash into my Coinbase wallet?
yes they support BCH