How to get free Bitcoin SV

How to get free Bitcoin SV

To claim Bitcoin cash SV (BSV) if you own your private keys, you’ll get to configure the official BSV wallet. to claim via a 3rd party, follow their directions. there is a lot that could get it wrong, therefore take a breath and don’t do something stupid it through."How to get free Bitcoin SV"

Below you will go through how to claim Bitcoin cash SV (BSV) safely.

In short, the strategy for claiming your SV differs by where you kept your BCH before the snapshot.

If you had it on an exchange wallet or third-party wallet, you need to follow their directions.

With exchanges, you’ll do nothing and it's a matter of waiting.

With third-party wallets, you must follow the directions on their official web site very carefully.

If you had your BCH in a wallet where you owned your private keys, then it's a little more complicated.

How to get free Bitcoin SV

First, you would like to download the official BSV wallet. you can choose any private wallet that is BSV friendly where you control your private keys in theory, but at this point using anything other than the official wallet is dangerous (BEWARE fake SV WALLETS; people can lose all their BCH rushing to find a wallet that can’t be found with a simple search, scammers do this every fork).

Here is the problem though, right now there is not a user-friendly bitcoin SV wallet page built for newcomers. Instead, go to the SV Github and download the current version of the wallet and use that. The official Bitcoin SV wallet software can be found here (that is the Bitcoin SV release 0.1.0). NOTE: to fully complete the method you may also need to update your BCH wallet to ABC depending on what state your wallet it is. See the official Bitcoin ABC wallet software: (Bitcoin ABC 0.18.2). Also, if needed, the official Bitcoin Unlimited wallet software can be found here:

Once you've got your software ready (either you have done the research and have the link to click, or you have the file downloaded and everything installed), you can follow these directions on how to claim cryptocurrency forks carefully.

With that in mind, if you are dealing with your private wallet and had to search for “how do I claim my Bitcoin cash,” then I suggest doing nothing because what you need to do to be safe at this time is a little high level right now.

Not only can you run into issues by not knowing what you are doing, however you can run into issues even if you know how to claim a fork in general due to other necessary steps like not protecting yourself against replay protection (Bitcoin cash SV didn’t implement replay protection, this means sending BCH and BSV carry further risk right now… and since part of best practices of claiming a fork involve moving funds, this may be an issue).

if you don’t know what you are doing to any extent, and you did not have your bitcoin cash BCH on an exchange wallet or in a third party wallet you trust, for now, the best thing for you might just be to do nothing.

For those who want to brave it, it is a matter of one. downloading the ABC and BSV wallets and importing your private keys (this is that the same general solution for each fork) and 2. in this bitcoin cash fork specifically, taking measures to protect yourself against replay attacks.

4 Best ways to get free Cryptocurrency

How to get free Bitcoin, Dogecoin and Litecoin

Crypto Private wallet vs Exchange wallet

Post a Comment