Ledger and forks

[andyroo]

Hey guys,

Does anyobody know if ledger will or will eventually support all these forks coming up?

I realise most are probably garbage scam coins, but some like the lightning bitcoin or diamond which actually have some value, is it just a matter of waiting for ledger to support these? or am I better off conntinuously movinf them to an exchange for these forks??

ANy advice welcome, thanks.

[markasoftware]

I think Ledger will not be supporting anything but BCH and BTG because BTG was already almost a scam and everything since then is even worse somehow. You don't necessarily need to keep your coins on an exchange though; you could just, after each fork, move all BTC to a new seed, then import the old seed into a program which lets you extract the private keys, then import those private keys into the full node software for the forked coin. However, this is really a pain, and I think all forks from here on out are going to be nearly worthless anyways.

[Xynerise]

Like you said, a lot of them are scams so Ledger most likely won't support them.

However, if you have your 24 word seed phrase (which you should), you can always import your seed into another wallet that supports the forked coin to split it.

Don't forget to move your bitcoin to another wallet entirely before attempting to import your seed in another wallet.