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How to claim Bitcoin Cash on a Nano S

Sonntag, 06. August 2017

It’s been almost a week since the Bitcoin network split into two chains. Now there is

  • Bitcoin or $XBT or $BTC, which is the original chain
  • Bitcoin Cash or $BCH, which is the latest offspring

Everyone who held BTC in a wallet including the private keys to that wallet now also owns BCH. This event is also called „airdrop“. The universe has a gift for you, free money. Well, that is, if there is a market for it. BCH is traded on many exchanges now at roughly 240$ today.

I own a Ledger Nano S, which also offers me access to the private keys. There was a lot of confusion about how to claim the BCH with the Nano (S). The french manufacturer didn’t do a proper job in documenting how to to that. There are reports of people, who „lost“ their Bitcoins (which turned out _not_ to be true). I waited a couple of days to let the dust settle and claimed my Bitcoin Cash yesterday after a thorough research on the internet.

This is the site, you need to go. Follow the instructions step by step and you’ll claim BCH very easily. The trick (and misunderstanding from the manual posted on medium) with those buttons called MAIN and SPLIT is explained on the bottom of my recommended site. I followed through with the split, meaning, I’ve moved my BCH away from the main chain for security reasons to a split account. Now, I always have to choose Bitcoin Cash Wallet on the device and then in the chrome app:

  • Bitcoin Cash wallet
  • Split

because my coins are on the Split wallet. My Main is at zero, because I’ve moved my BCH. Please also be aware, you choose Bitcoin Cash app on the device before following through. Don’t move your BTH to an BTC address!