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Author Topic: Claiming Bitcoin Cash with Electrum Wallet  (Read 6923 times)
wednesday13
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August 11, 2017, 03:03:32 PM
 #21

Is there a "safe" way to claim your Bitcoin Cash from Electrum without use of another computer? I only have one computer and it currently has Electrum installed on it.
If I'm understanding things correctly, the safe way to claim BCC involves using another computer and installing Electrum on it too.
jackg
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August 11, 2017, 03:43:02 PM
 #22

Is there a "safe" way to claim your Bitcoin Cash from Electrum without use of another computer? I only have one computer and it currently has Electrum installed on it.
If I'm understanding things correctly, the safe way to claim BCC involves using another computer and installing Electrum on it too.

Do you have a spare pen drive/hard drive, you can boot electron cash from that?
wednesday13
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August 11, 2017, 03:48:03 PM
 #23

Is there a "safe" way to claim your Bitcoin Cash from Electrum without use of another computer? I only have one computer and it currently has Electrum installed on it.
If I'm understanding things correctly, the safe way to claim BCC involves using another computer and installing Electrum on it too.

Do you have a spare pen drive/hard drive, you can boot electron cash from that?

I do have an external HD. I can try downloading Electrum to that. Thank you so much for the suggestion!!
jackg
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August 11, 2017, 04:13:55 PM
 #24

Is there a "safe" way to claim your Bitcoin Cash from Electrum without use of another computer? I only have one computer and it currently has Electrum installed on it.
If I'm understanding things correctly, the safe way to claim BCC involves using another computer and installing Electrum on it too.

Do you have a spare pen drive/hard drive, you can boot electron cash from that?

I do have an external HD. I can try downloading Electrum to that. Thank you so much for the suggestion!!

Download an OS like Ubuntu and boot from that first on the hard drive i'd suggest.
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August 11, 2017, 10:16:47 PM
 #25

Oracle VirtualBox is free... You can load up a Linux distro in that and then install ElectronCash there. That'll effectively sandbox EC so that it can't see your Electrum install.

You don't need to install Electrum on it... Just create a 2nd wallet in your main OS and Electrum install. Move coins from current wallet to new wallet.

Then use old seed in Electron Cash in virtual machine.

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faitaccompli (OP)
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August 19, 2017, 04:19:56 AM
 #26

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!

Itty Bitty
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August 19, 2017, 09:12:12 AM
 #27

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!
jackg
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August 19, 2017, 11:15:43 AM
 #28

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!

If you don't mind downloading the block chain, you could use bitcoinabc (as many people have used). But you need your private keys instead of seed but then you don't need to empty the electrum wallet really. (But the block chain is about 120GB even for bitcoin cash).

Or get the linlink and instructions to coinomi from faitaccompli.
jman0war
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August 19, 2017, 12:26:05 PM
 #29

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?)
faitaccompli (OP)
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August 19, 2017, 04:27:14 PM
 #30

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://bitcointalk.org/index.php?topic=2062488.0

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)

faitaccompli (OP)
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August 19, 2017, 04:30:27 PM
 #31

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?)

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

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August 19, 2017, 10:32:01 PM
 #32

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.

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 Wink

And yes, by seed they mean the 12 words

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ziggy2
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August 20, 2017, 02:28:19 PM
 #33

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.
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August 20, 2017, 02:38:43 PM
 #34

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.

Yes, you can do that.
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August 20, 2017, 02:44:53 PM
 #35

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 ?
 
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August 20, 2017, 02:49:34 PM
 #36

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 ?
 
escrow.ms
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August 20, 2017, 02:50:57 PM
 #37

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 ?
 

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.
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August 20, 2017, 03:01:28 PM
 #38

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.
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August 20, 2017, 03:45:56 PM
 #39

You shouldn't have any issues but make sure you have downloaded latest version of electron cash from their official site.
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August 20, 2017, 04:13:25 PM
 #40

Thank you.  Grin

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 ?


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