Hi, apologies if this has already been asked .. I saw a few topics explaining a bit but I am still confused.
I have a little bit of money in bitcoin.. on Coinspot.. Is the Bitcoin Address my bitcoin key?? I assume it is.. but I am wondering why we need to put it in a wallet even tho I believe Coinspot will give out Bitcoin Gold after the fork? I do have a blockchain.info account... should I put all my bitcoin in there before the fork? Will that site automatically give Bitcoin Gold ? Clearly I'm a bit new to all this.. but any light you can shed on this would be helpful.
Thanks..
John Titor
My suggestions to everyone during the fork processing is to keep the bitcoin in a wallet where the private keys are owned by you and not some other third party. Currently if you are doing that then the forked coins are your to keep forever. But if it is an exchange no one can guarantee that after forking the coins will be given to you. Exchanges are known to make money from mistakes of people and though many may claim that they will support both chains its better to be safe than sorry. Get a desktop/Android wallet and transfer the fund there.
EDIT: I suggest Electrum for a desktop wallet.