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Author Topic: Trying to access my bitcoin cash to trade them for Bitcoin  (Read 130 times)
The_Real_Sledgehammer
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November 29, 2017, 12:45:30 PM
 #1

Hello Everyone,

I have used my privatekeys from the wallet where I had my bitcoin at the moment of forking in Electron Cash ->wallet ->sweep.

I find the transactions but the money don't end up in my wallet? Do I need to brodcast it for the Bitcoin Cash to appear in my Electron cashwallet?
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HCP
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November 29, 2017, 12:57:09 PM
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Don't sweep the private keys if you are just going to send them to an exchange etc... Sweeping is basically creating a "send" transaction and requires you pay a transaction fee and broadcast the transaction for the BCH to move where you want... so if you sweep into your wallet, then send to exchange, you'll pay two lots of fees.

Only sweep if you a planning on hodling your BCH for a while.

If you're going to dump the BCH, I'd recommend that you just import them into a new ElectronCash wallet... "File -> New\Restore -> Standard Wallet -> Use public or private keys -> Paste in your private keys"... your BCH balance will then show up and you can then have access to the "proper" 'Send' tab etc to send the BCH where you want.

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November 29, 2017, 01:46:44 PM
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YESS!!! Thank you so much. This was really helpfull.
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November 29, 2017, 02:02:41 PM
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@HCP and let's say I would hodl them for a while why does not my sweeping work? Do I need to push brodcast for it to work?
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November 29, 2017, 02:49:17 PM
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Yes... the "sweep" just sets up a "send" transaction that will take ALL the inputs it can find for the keys you've pasted... and send the total value of all those inputs (minus transaction fee of course) to the specified address.

If you don't broadcast it... how is the network and more importantly, the miners, supposed to know about the transaction? Tongue If the miners can't see it, they can't mine it! Wink

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