Post
Topic
Board Altcoin Discussion
Re: BTC->BTG cashout right after fork possible?
by
Yaunfitda
on 24/10/2017, 02:27:47 UTC
Hi,

Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.

So I will get 1BTC and 1 BTG on my Electrum privatekey.

What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?

Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?

...or do I need to wait till the first BTG Wallet is released on 1st November?

How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.



Electrum wallet does not support BTG if I'm not mistaken. I suggest just hold on your BTC on you Electrum and wait for a suitable wallet that will support BTG. Just be careful about BTG wallet though, there will be tons of scam and phishing incident to take advantage of the free coins. This has happened to BCC before. Let this be a lesson learned. Don't hurry to get your free coins, although it will lost its value if you will have to wait, however, its safe rather than rushing things and losing your BTC to sophisticated phishing and scam claiming to help you claim BTG but instead stole your BTC. Be careful.