Note: Promising and selling forkcoins entails significant risks, and requires some advanced knowledge. By trying these processes, you take All these dangers:

  • Working together and exposing your Bitcoin keys
  • Installing and running particular applications
  • Trading and maybe distinguishing yourself on different exchanges

In August 2017, you would be able to claim about $2000 in free money for each and every bitcoin in your wallet.

Provided, a lot of this value is combination of Bitcoin Cash (12% of BTC) and Bitcoin Gold (1% of BTC) we have also covered the airdrops of Byteball (that is no more claimable in any substantial amount) and Clams (which could nevertheless be maintained at addresses obsolete May 2014).

Minus BCH and BGP, you will have approximately $200 to $300 of free cash on the table for each and every bitcoin you have owned since November or even December 2017. The Precise total will depend on the current pricing and access to multiple niches, in addition to the development of fresh forkcoins.

How to Claim BItcoin Forks in 2018?

How to Claim BItcoin Forks in 2018

It is your responsibility to choose whether the reward is well worth the substantial effort necessary to maintain those coins. Be mindful your financial privacy may only be harmed by this procedure, as info in your own Bitcoin holdings will be shown to several exchanges, networks, and services. But, if you have less financial risks, then you should follow the Important Rule given below:

Important Rule: When Claiming Bitcoin Forks (Very Important!)

Claiming these forks will ask that you utilize the private keys of this Bitcoin wallet that comprise your BTC in the time the coin is forked. This strategy is only safe if you have moved your BTC to a different wallet, using another set of keys.

Suggestion: Today would be a fantastic time to move your bitcoins into a hardware wallet (HW). If you already use a HW, think about getting a second in order to keep your safety standard while asserting!

A Good Illustration of the Secure-Claiming Procedure

For instance, take an example of Super Bitcoin (SBTC) which is forked on December 12, 2017. Whatever amount of BTC you had on your Bitcoin wallet at that moment, you have only as many SBTC. To maintain these forkcoins, it is essential to export the private keys out of the Bitcoin wallet in an SBTC wallet or asserting instrument.

However, by sharing your personal keys for this SBTC wallet or asserting tool, you are giving it that the keys to a crypto kingdom. Therefore, if the computer software is malicious, it may drain any BTC that stays on your wallet! Any coin which lacks Replay Protection may also cause the reduction of any BTC into your initial wallet.

Since you can’t ever be certain of fresh applications, the only safe means to maintain forkcoins is to move your entire bitcoins to a different wallet–given the BTC was transferred, and cannot be harmed. The only real danger that stays once this procedure is performed is that a malicious fork wallet, instrument, or support will utilize your old personal keys to steal some additional unclaimed forks.

Notice: If you are still using a Legacy Bitcoin wallet (with addresses beginning with 1), asserting these forks is a great motivation for transferring your coins into some SegWit wallet. Currently, fees are low; hence this is the best time to migrate your coins. As soon you perform this, it will reduce your future transaction fees and helps you to use the Lightning Network.

Three Important Factors to get Profit from Bitcoin Forks

As soon as you’ve transferred your coins to a new wallet, then there are 3 big factors to be certain you gain from any fork:

Fork Height

This is the date and time (quantified in Bitcoin block elevation) whenever the fork happened. Any address in a Bitcoin wallet which included any worth in the time of this fork will be qualified for forkcoin rewards. A Bitcoin address that obtained worth following the fork will not acquire any forkcoins.

Reward Ratio

Forkcoins are usually awarded in direct ratio to the total amount of bitcoin in every address (e.g., 1.582 forkcoins for 1.582 BTC) however this ratio may vary.

Exchange Deposit Availability

Even though forkcoin websites tend to market their partnerships with each exchange which may offer a current market, just a couple of exchanges enables deposits of small forks. Unless you’d BTC within a market wallet which has been granted forkcoins from the market itself, you will only have the ability to market on exchanges that permit forkcoin deposits.

Some exchanges do not permit you to deposit forkcoins from outside of the exchange. To put it differently, they will just let you exchange forkcoins which issued to customers that had a BTC balance in the time of this fork. The market which enables outside deposits generally reflects the future cost of this forkcoin more correctly.

Bitcoin Forks 2018

We covered a few of those forks here. Today a lot are live! A listing follows that information claimable forks available for trading on a minimum of one market.

Bitcoin Forks Claimable via Ymgve’s Script, BitPie, and Bither

Super Bitcoin (SBTC)

Price

Market: Gate.io

Fork Height: block 498,888 (12/12/2017)

Reward Ratio: 1 SBTC for 1 BTC


Bitcoin Diamond (BCD)

Price

Market: Gate.io

Fork Height: block 495,866 (2/11/2017)

Reward Ratio: 10 BCD for 1 BTC


Bitcoin Faith (BTP)

Price

Market: BTCtrade.im (requires verification) & BitPie app

Fork Height: block 500,000 (18/12/2017)

Reward Ratio: 1 BTF for 1 BTC


Bitcoin World (BTW)

Price

Market: BTCtrade.im (requires verification) & BitPie app

Fork Height: block 499,777 (19/12/2017)

Reward Ratio: 10,000 BTW for 1 BTC


Bitcoin New (BTN)

(Price available in BitPie exchange)

Market: BitPie app

Fork Height: block 501,000 (19/12/2017)

Reward Ratio: 1 BTF for 1 BTC


 

Bitcoin Forks Claimable via BitPie / Bither

Bitcoin Pay (BTP)
(Price available in BitPie exchange)

Market: BitPie app

Fork Height: block 499,345 (15/12/2017)

Reward Ratio: 10 BTP for 1 BTC


Bitcoin Forks Claimable via Ymgve’s Script:

Segwit2X (B2X)

Price

Market: Exrates.me

Fork Height: block 501,451 (28/12/2017)

Reward Ratio: 1 B2X for 1 BTC


Bitcoin Hot (BTH)

Price

Market: ZB.com (requires verification)

Fork Height: block 499,777 (19/12/2017)

Reward Ratio: 1 BTH for 1 BTC


Bitcoin Pizza (BPA)

Price

Market: HB.top (requires verification, and is possibly restricted to China)

Fork Height: block 501,888 (31/12/2017)

Reward Ratio: 1 BPA for 1 BTC


Bitcoin Vote (BTV)

Price (/BCH)

Market: Coinex.com

Fork Height: block 505,050 (21/1/2018)

Reward Ratio: 1 BTV for 1 BTC


BitcoinX (BCX)

Price

Market: AEX.com

Fork Height: block 498888 (12/12/2017)

Reward Ratio: 10,000 BCX for 1 BTC


Fast Bitcoin (FBTC)

Price

Market: CoinEgg.com (verification required)

Fork Height: block 501,225 (27/12/2017)

Reward Ratio: 1 FBTC for 1 BTC

Step by Step Process to Claim Bitcoin Forks

Step 1: Export your Private Keys

To maintain most forkcoins, it is essential to export the private keys out of the previous wallet using a format which the import tools (explained below) may read. Please visit your distinct wallet documentation for instructions about the best way to export your personal keys. Typically, a document will be created that contains all of your addresses along with their respective private keys.

Certain wallets, notably hardware wallets, will not permit you to export the personal keys. In these instances, it is essential to get into your hardware wallet’s seed expression to a tool (like Ian Coleman’s BIP39 Tool), that need to be conducted off. Another choice is to import your seed to some harmonious HD wallet, for example, Electrum.

The wallet or tool will regenerate the private keys and their addresses, which permits this information to be flashed into the forkcoin in the right format.

Step2: Check Balance of your Address and Make a list!

To save some time, do not import keys which contain no worth. You can use the findmycoins.ninja and btcdiv.com websites to inspect that the claimable forkcoin equilibrium of your aged Bitcoin addresses.

For future reference, listing all addresses that are valid and private important combinations in a text document or spreadsheet. The recording format ought to be a personal key, followed by the address.

Suggestion: Additionally number each entrance, and notice the approximate quantity of Bitcoin they comprised at the date of this first fork which you are qualified for. Numbering each key group will prove useful for ordering functions.

Noting the dimensions can also prove invaluable. By way of instance, you can extract the largest-valued address for rapid-exchange financing or the smallest-valued address for testing purposes.

Two Trustworthy “Do It Yourself” Claiming Methods

It is possible to get the official wallet of every forkcoin generally, then sync its own blockchain and import your personal keys. However, this procedure requires a whole lot of time to sync every string, and it is possible a wallet may contain malware.

There are just two safer, quicker methods out there for claiming the present harvest of flashlights.

1. BitPie & Bither

BitPie & Bither are just two Bitcoin wallets. When used together, they permit you to maintain several fork coins, such as BTP (a coin that’s otherwise not possible to market). This doesn’t work with the SegWit addresses and also has high transfer/claiming fees.

Here, we will use Bither to extract Bitcoins and Bitpie to sell them. There is some partnership between both of these wallets. Also, it appears that Bither will reject non-BitPie addresses after asserting. One crucial point, Bither is listed on Bitcoin.org; hence it will be reliable.

The Bither wallet can be obtained for smartphones (such as Androids) and laptops, whereas BitPie is used only on an Android. Also, Bitpie is available for iOS, but there are certain difficulties in using it.

If you do not possess an Android or might like to do everything on your personal computer, put in the BlueStacks Android emulator. Here, you will require a Google account to access Play store and then install Bitpie within BlueStacks.

Bitpie consists of a wallet and an exchange function with over 6 new forkcoins which are SBTC, BTW, BCD, BTF, BTP, and BTN. After claiming, this exchange may be used to sell the forkcoins.

Claiming Process for Bitpie and Bither

1. Open the Bither wallet, finish the installation process, backup your seed password and phrase, and Pick the gear icon in the top right:

2. Choose “Advance Options”

3. Paste your private key as text (that you need to have got from Ian Coleman’s instrument or your own new wallet). Then Bither will request you to enter the password which you have set, on the basis of whether you import the private keys in compressed or uncompressed format. Select compressed. Repeat this procedure for most personal keys/addresses which have a claimable equilibrium.

4. When you have completely imported all the private keys, click on “Get Fork Coins” in Bither.

5. Pick the forkcoin you would like to claim:

6. Here, BCH was chosen. Please note that, here addresses are always displayed on the left and claimable balance on the right. Earlier claimed addresses will be shown as “You have already got —” Click “Getable” accounts:

7. Bither will specifically ask a BitPie address to send to:

8. So open BitPie address. Then finish the installation procedure, and copy your seed and then pass. You can switch between coins in the drop-down menu in the top left:

9. Bitcoin is selected. Navigate to all those forkcoin you Want to maintain within Bither, and reach on the “Receive” tab:

10. By clicking on the address shown below the QR code, then you may copy it to the clipboard:

11. Return to Bither, input the address, and click on “Get”:

After a couple of moments, you need to find a notification from BitPie about incoming capital. Repeat the procedure from Step 6 (in which you click on “getable equilibrium”), until all of addresses have been claimed.

Caution: BitPie’s UI is that it is easy to choose the wrong coin mistakenly. Always double-check which you are using the right kind of coin, so as to maintain your receiving address.

2. Ymgve’s Fork Claimer

Ymgve’s excellent script gives you the opportunity to claim 12 forkcoins.

Ymgve’s script also supports SegWit addresses which have lower mining fess as compared to BitPie/Bither and also gives you the option to send to any address. This way, coins might be sent right to your market’s deposit accounts. But, the script does need the use of the command line and it is somewhat more complicated.

While the script seemingly requires you to input about 180 arbitrary characters for each and every address you assert, the workload could be significantly reduced with a few judicious copying, pasting, and replacement.

Ymgve’s Fork-Claiming Procedure

First of all, visit the GitHub page. Here, it will provide you details about why you need to install Python 2 (not 3) for a programming language, which is available here
Then download the script for a .zip document:

It is simpler to extract that this .zip document in precisely the exact same directory that you used to put in Python 2. The cleaner method will be to decide on a route to the Python directory.

Now, refer back to this listing you created from claimable addresses. Find all of these address with the help of a Bitcoin Block Explorer and then collect the Transaction ID (txid) of the last transaction before forktime. Input each txid in your listing, over the private key. The arrangement of your listing should now look like that:

(Number )
(Amount )

TXID [accessible from obstructing explorer, last trade before forktime]
Privkey
Source Bitcoin Address
Destination Forkcoin Address [deposit address, accessible from exchange]

Above TXID, you have to enter the following text: python claimer.py XXX (Here, XXX is basically a ticker code of the coin you want to claim).

Please check that the list doesn’t have any line breaks (“enters”) because they will cause the information to be entered over multiple lines when pasted into the script, which causes the script to fail.

The list will look like the image shown below. The components to paste and copy have a colored background:

So arranged, this listing will help you save you a lot of time when inputting orders to get multi-plea addresses and forkcoins to Ymgve’s claimer tool. Entering the crucial orders by hand will take forever, also has quite a broad prospect of error.

This is the way the list should appear in the long run. (Notice that the number is lost from this case.)

In Windows, don’t run Python from the .exe file. Instead, start a command window and browse to the directory in which you installed the script. If you have Linux, then you will not face any problem.

Pick the coin you would like to claim. Then, save the list by the name of the coin you want to claim.
Now, use the text editor’s “Replace All” function in order to replace XXX with the coin’s code.

After this, use the text editor’s “Replace All” function in order to set the destination Forkcoin address to correct one for depositing forkcoin on your selected exchange. Before doing this, make sure that you’re in a position to draw from the market without finishing the verification processes! These processes may fail or need info that you are reluctant to share.

Python claimer.py BCX [or whatever affirmed coin-ticker you are asserting]

Privkey

Source Bitcoin Address

Destination Forkcoin Address

Now, right-click the command window and paste the data. If the information is completely correct, the script will then it will ask you to confirm the command by showing you the below text:

I’m sending coins onto the [applicable] system, and I take the risks.

You can copy the above text for renaming functions, as it might need to be entered for each address you assert. But if you have entered the disclaimer, then you ought to be able to replicate it automatically by pressing the arrow.

Permit the script to operate for a little while. Here, the script will fail or succeed or will get stuck in the process. In the latter scenario, you can cancel the script (control-C from Windows) and then proceed. Notice what happened with every address so that you could retry failed or delayed addresses afterward.

Proceed off your listing of addresses and private keys. As soon as you arrive at the finish, save the document under the title of the following forkcoin you want to maintain, then substitute for the ticker codes and destination address.

Repeat as desired, or before all of your forkcoins have converted to Bitcoin!

Here is his Bitcoin address: 1HDW5sy8trGE8mEKUtNacLPGCx1WRtebnp

Note: The process mentioned above is determined by a block explorer to bring the transaction ID that defines the address value. It stays the exact same for many payouts, except FBTC. The procedure for FBTC does not require a TXID worth but needs one to enter the amount to maintain satoshis in conclusion. By noting that the values maintained by other coins using a similar fork elevation to FBTC’s, you need to have the ability to input the proper volume. Bear in mind that the eight digits following the decimal point!

Bitcoin Forks Claiming Services

If you really don’t fancy the DIY approach, you can pay a commission (generally around 5 percent) of your forkcoin gains to specialists who will deal with the process for you. This is the simple manner, but we cannot vouch for any of these solutions, because we have never used them. Those listed here seem to have obtained a great deal of positive comments. Besides CoinPanic, they will need your keys.

  • Reddit consumer Camku can assert and market just about anything and sounds very beneficial.
  • Nbysy is just another Redditor who provides a forkcoin assistance and has great feedback.
    CoinPanic is a fascinating company, which does not require your personal keys for asserting.
  • Dig.Walleting.Services is just another asserting service.
  • Loyce includes promising support on the BitcoinTalk forum, also contains many positive Comments.

DIY vs Claiming Services: Which should I use?

With a view to prospective forks, it is probably worth becoming acquainted with three kinds of services!

BitPie is rather easy (but not without any bugs and flaws) and is now the only method to market the forkcoin called Bitcoin Pay (BTP). Even though the BitPie exchange generally has worse prices than normal trades, it does not require any personal info. You should avoid saving funds long-term from the BitPie wallet because its safety properties are still unknown.

Ymgve’s script is amazing. You will likely extract the maximum BTC and instruction using it. As it is usually updated if a legitimate coin is published, it will most likely be the fastest route to promising and selling fresh forkcoins. It’s low prices and supports several coins. But it may be a little time consuming and is possibly tricky for novices.

The different claiming services may save a great deal of hassle, and permit you to market at different exchanges with no confirmation rates. Nonetheless, these services require a percentage and need trust. Research every service or supplier before using this! In the event of particular coins which are unsupported by another two approaches or traded on the market, you cannot access, a suitable service is going to be your sole path to asserting forkcoins.

Selling Your Forkcoins

Some forkcoins will probably pump later on, but many will perish. There is no reliable method to predict future of both of those results.

Each of the connected exchanges was fair concerning letting withdrawals, although difficulties are probably with these often buggy forkcoins. Almost all (besides HB.top) have English-language variations, together with the button to pick English generally lurking at the top-right corner of the website. Be aware that the confirmation method is occasionally dull, and requires several photographs, record scans, and hoop-jumping. If the process fails, then an English explanation is generally missing.

Finally, as it is not clear, the directions for obtaining the trade from the BitPie wallet are under.

Hence, we have provided how to claim Bitcoin Forks from the best of our knowledge. If you found this information helpful, then please, share it with your friends and followers.

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