Bitcoin Forum

I have bitcoin and use electrum.  I know you can claim bitcoin cash and gold but you have to download programs to do this and i have not.

I like to know for those users who kept their btc in an exchange like bittrex, were you able to get the bitcoin cash or gold in your account credited without you doing anything?

I ask this because i read there are going to be more bitcoin forks... if that is the case, wouldn't it make sense to just send btc to bittrex so that way, you get credited with whatever is the fork as oppose to you having to download a program on your computer etc?  Did bittrex credit users with bitcoin equivalent of bitcoin cash, gold and diamond in their account?  Or did they have to do something else?  Because i was thinking about just moving btc from electrum to bittrex so once i get whatever fork is there... then i send my btc back to electrum as i read keeping btc in your own wallet is safer etc.

Never, never trust an exchanger with your money.


Never. Ever.

I'd have to agree with this up to a certain extent, as with pratical use of Bitcoin and Bitcoin trading, you're going to have to put some trust in centralized things such as Exchanges as these are the people which are going to be the backbone behind getting in and out of Bitcoin (to fiat)

Though back on subject, to get your Bitcoin CASH (not gold) use this link - https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/ - I haven't gotten mine and don't plan to. But do note that you're not going to be able to use your exchange wallet, you must have had another.

Avoid Bitcoin Gold, that's some BULLSHIT.

Bittrex did credit Bitcoin Cash and Bitcoin Gold to their users who were holding Bitcoin on their account.
They didn't credit Bitcoin Diamond as far as I am aware, and you can't deposit it either if you want to trade because there's no BTC/BCD pair there.

But just because they showed good faith and did the right thing doesn't mean they'll do it again. You should always take it upon yourself to claim any fork coins, especially when it comes to contentious ones like B2X, which thankfully didn't happen, because you don't know what they'll do then.

I got burnt with Mt.Gox and I'm being super careful since then, I took my Bitcoin cash and bitcoin Gold using Ledger Nano S, which did the split easily and super fast. I too have trouble trusting exchanges, if I can avoid it, I prefer it.

This is called laziness, how hard is it for you to import your private key to another wallet that supports the forked coins? Yes exchanges will automatically credit the coins from hard forks to your exchange address and that's a big help but why would you store your Bitcoin in exchanges that don't give you full control of your private key and primary target of hackers, It's like a gamble and you cannot consider that a secure way to store your Bitcoin even if that exchange is trustworthy. Cryptocurrency exchanges should only use for trading purposes besides there is nothing else.