How to Claim Bitcoin Gold (BTG): A Step-by-Step Guide

Last updated on November 25th, 2017 at 06:38 pm

On October 24, 2017, a new type of Bitcoin was created: Bitcoin Gold. This altcoin has the same abilities of Bitcoin, but its mining algorithm works a bit differently. Most importantly, it’s easier to mine with home equipment like GPUs.

Anyone who held Bitcoins before the time of the creation of Bitcoin Gold is eligible to receive an amount of Bitcoin Gold (BTG) equal to the amount of Bitcoins (BTC) they had. For example, if you had 1 Bitcoin before the split (aka the Bitcoin Gold fork), you’ll now have 1 Bitcoin and 1 Bitcoin Gold.

If, by chance, you had your Bitcoins stored in one of the supporting Bitcoin Gold exchanges, you may not have to do anything because you’ll have been automatically credited the relevant BTG amount by the exchange. Here’s a list of supporting exchanges:

BTG exchanges

The purpose of this guide is to give you a basic step-by-step guide on how to claim your Bitcoin Gold. However, before we start, I’d like to provide an important warning: If at any step along the way you’re not sure what to do, please stop whatever it is you’re doing and seek advice. While this guide is simple, it holds the risk of losing your Bitcoins if you make a mistake along the way. It’s better to be safe than sorry.

I’ve personally used this method to extract my own Bitcoin Gold from my Ledger Nano S wallet, and I can testify that it works. However, use this guide at your own risk—I don’t want to be responsible for anyone losing their funds.

TL;DR version

  1. Move your current Bitcoins to a new Bitcoin wallet with a new seed/private key.
  2. Export the seed phrase of your previous wallet.
  3. Import the seed phrase into Coinomi.
  4. Add Bitcoin Gold to Coinomi and change the derivation path.
  5. Claim your BTG.

This is a very short explanation of the process; I highly advise that you read the whole guide and not just the summary to avoid mistakes. Also, this process requires that you use Coinomi, a Bitcoin mobile wallet currently available only for Android. If you don’t have an Android mobile phone, I suggest getting one for this process and moving your BTG to an exchange once you claim them.

You also have the option of using the official Bitcoin Gold client, but this means you’ll need to download the whole Bitcoin blockchain to your computer, and that can take several days.

NOTE: This process will work with most HD wallets (i.e., wallets that have a seed phrase); however, some wallets, such as TREZOR, require a dedicated tool (full process described here). I strongly suggest searching for documentation from your existing wallet provider regarding this process before using what’s written in this post.

November 17 updates:

Ledger users – A dedicated wallet for Bitcoin Gold has been released. If you’re using Ledger read more here.

TREZOR users – See updates on a dedicated splitting tool here.

 

Step 0: Before you start

The first thing to do is secure your current Bitcoins in a new wallet. Since you’re going to expose the private key/seed phrase of your old wallet, you’ll want to make sure that even if it’s compromised, no one will be able to get to your coins. Once the seed is compromised, you never want to use it again to store Bitcoins.

What you need to do is download a new wallet to your computer or mobile phone, or even get a brand new hardware wallet and move your Bitcoins to that wallet. Only when your Bitcoins are safe in the new wallet should you start this process.

A good desktop wallet to use for this process is Electrum since you can create multiple Bitcoin wallets from within the app. Make sure you’re sending your Bitcoin to a completely new wallet, not just a new Bitcoin address. The way you can verify this is if you get a new set of words as your seed phrase.

 

Step 1: Get your seed

The first step of the process will be to get your seed phrase. The seed phrase is the 12–24 words you were requested to write down when you first installed your wallet. Most wallets will have an option to display the seed phrase as well.

You need this phrase to prove that you owned Bitcoins before the fork. This phrase is considered sensitive data because whoever knows it can access your Bitcoins. That’s why you should move your Bitcoins to a new wallet before using it.

Step 2: Install Coinomi and import your seed

If you already have Coinomi on your Android wallet, great! Make sure to create a backup of your existing wallet since this process may wipe out your existing funds.

If you don’t have Coinomi, install it. Once the wallet is installed, open the app and choose Restore a Wallet.

Restore a wallet

You will then be asked to enter your seed phrase. Enter the 12–24 words and click Next. On the next screen, choose Bitcoin or any other currency you want; there’s no need to choose Bitcoin Gold for now.

Step 3: Claim your Bitcoin Gold!

  • Inside the wallet menu, click on +coins.
  • Choose Bitcoin Gold.

The following may be required depending on the wallet you’re importing your BTG from:

  • Click on Advanced Settings.
  • Type in the phrase “M/44H/0H/0H” (note that the characters before the H are zeroes).

Claiming BTG

If you have more than one Bitcoin wallet in your Coinomi and want to claim the equivalent BTG, you’ll have to repeat the above process, replacing the last zero with the zero-based account index each time. For the second wallet, it would be M/44H/0H/1H, for the third wallet, it would be M/44H/0H/2H, and so forth (source).

If you still can’t understand the whole process, here’s a great video about it:

NOTE: If you’re trying to import a private key from a paper wallet (meaning not a seed phrase), you can click Create New Wallet in Coinomi and choose Sweep Paper Wallet from the settings.

If this process doesn’t work for you

If importing the seed into Coinomi doesn’t work for you it’s always possible to extract the actual private key for your Bitcoin addresses using Electrum and sweeping (i.e. importing) that into Coinomi.

The process is as follows:

  1. Download Electrum
  2. Create a new wallet from your seed phrase
  3. Export the private keys of your wallet
  4. Write down the private key that had Bitcoins in them prior to the fork
  5. Create a Coinomi BTG wallet
  6. Sweep the private key into the Coinomi BTG wallet

For  a complete demonstration of how it’s done click here.

Step 4 (optional): Sell your Bitcoin Gold

You can now send your Bitcoin Gold to an exchange and sell it for Bitcoin, USD, or any other altcoin if you wish. At the moment, the only exchange I know of that accepts outside BTG deposits is HitBTC.

UPDATE: Bittrex also accepts outside deposits and the exchange rate seems to be much higher. However withdrawal requires account verification that can take up to one week. HitBTC does not require account verification. Also there have been several complaints about the exchange in the past.

Once you sign up to HitBTC, go to Accounts and deposit your BTG as shown here:

HitBTC deposit

After the transaction is sent, you can follow it through a Bitcoin Gold block explorer. When three confirmations are met, you’ll see the transaction in your HitBTC account. You’ll now need to transfer the funds to your trading account (using the arrows in the image above).

You can then continue on and exchange BTG for whatever currency you wish.

That’s it for this tutorial. If you’ve managed to claim BTG I’d love to hear about what wallet you used and about the process in the comment section below. If you didn’t manage to claim – let me know as well so I can improve this guide.

Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

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89 Comments on "How to Claim Bitcoin Gold (BTG): A Step-by-Step Guide"

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CryptoPresence
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CryptoPresence

How can I claim Bitcoin Gold from a paper wallet – no seed, just the private key.
Thanks.

Steven Hay
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Member
Steven Hay

Hi CryptoPresence,

Well, importing that private key into a wallet which supports Bgold would work, the trouble is that then you have to trust that wallet not transmit your private key to someone who’d then be able to steal your bitcoins!

It would be best if you imported your private key into a software Bitcoin wallet, then spent your bitcoins into a new paper wallet (assuming you want to keep them in cold storage). You may then use the original private key without worries, seeing as the address(es) it controlled are now empty.

John
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John

Hi, thanks for the guide, most helpful. My question is, can I send the bitcoins from the Electrum wallet directly to an exchange, say, Bitstamp instead of moving them into another wallet and continue with the rest of the procedure? And another thing, after that can I just let the old Electrum wallet as is and claim the BTG sometime later, when there will be more wallets and services around?

Steven Hay
Member
Member
Steven Hay

Hi John,

Yes, you can send from any Bitcoin address to any other, at any time. Moving coins from your wallet to an exchange is only a matter of entering the exchange wallet’s address and the bitcoin amount to send.

Sure, there’s no rush to claim the BTG now. So long as you held bitcoins in your Electrum wallet when the fork occurred and retain that Electrum wallet’s seed phrase backup, you will be able to claim the BTG in future.

Dave
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Dave

If I had BTC in Coinbase during the BTG fork, would I still be able to claim BTG if I transferred my BTC into a ledger nano wallet and then followed the instructions in this article to claim BTG? Thanks in advance!

Steven Hay
Member
Member
Steven Hay

Hi Dave,

No, I’m afraid that won’t work. You need the private keys to claim the BTG and Coinbase does not release those. However, it’s possible that Coinbase will support Bgold in future. I suggest that you contact them as a customer to request this.

See Coinbase’s official statement (its a bit outdated, as S2X failed and BTG has proven viable) here:

https://support.coinbase.com/customer/portal/articles/2892196-bitcoin-gold-faq

Dave
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Dave

If I had my Bitcoin in Coinbase during the BTG fork, would I be able to transfer my BTC into a ledger wallet and then follow the same steps in your post to claim BTG? Thanks!

Cantdecide
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Cantdecide

Hey, thank you for this informative article.

I saw that you also write in general about altcoins. Have you already kept an eye on DeepOnion? It’s an anonymous crypto currency going through the Tor network and has a lot of features already and coming up features like DeepSend. The community is also growing day by day and I think, currently this coin is undervalued. Would be nice if you could check it out and would love to hear your opinion about it, maybe in an article.

Steven Hay
Member
Member
Steven Hay

Hi Cantdecide,

I try to avoid writing about altcoins in general, as there are simply too many to keep track of and I prefer to focus on Bitcoin. Monero is an exception, as I think it’s also a good coin.

I’ve heard of DeepOnion but I’ll probably stick with Monero as an anonymity-focused crypto. Monero tech has been pretty well-vetted and tested by now and several Bitcoin devs and cryptographers have commented favourably on it. If I was going to buy naughty stuff online, that would give me some peace of mind.

DALUKINGSLEY
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Member
DALUKINGSLEY

hello ofir and team, you guys have been a great help, i would love to know if i can recover my bitcoin gold from my blockchain.info wallet? and how i can recover them..
thanks..

Steven Hay
Member
Member
Steven Hay

Hey Dalukingsley,

Yes, the blockchain.info wallet is supported. Please follow all the steps (including step 0, which is very important!) in the above guide in order to claim it safely.

You will have to export the private key / seed phrase of your blockchain.info wallet and import it into Coinomi.

DALUKINGSLEY
Member
Member
DALUKINGSLEY

As confusing as it the article on coinomi is, i understand that its a phone/app based wallet. i use a blackberry and dont own an android phone, is there a web based wallet for coinomi?

Steven Hay
Member
Member
Steven Hay

Hi,

Nope, Coinomi is an HD mobile wallet for Android and iOS. Perhaps you could get a friend with a compatible phone to help you out with this process?

Aaron Huckabee
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Aaron Huckabee

Coinomi is not an iOS app. They are currently only on Android. I would love to see a write up on claiming btcgold on something OTHER than coinomi

Steven Hay
Member
Member
Steven Hay

Hi Aaron,

I understand your frustration. One option is to install Bluestacks, an Android emulator, which will then allow you to use Coinomi.

DALUKINGSLEY
Member
Member
DALUKINGSLEY

one last question Steve, after i must have moved my Bitcoins to a new wallet, imported my seed-phrase/private keys into coinomi and obtained my BTG, is it safe for me to continue using my blockchain wallet/other wallets from whence the seed phrase was gotten?

Steven Hay
Member
Member
Steven Hay

Hey,

Sure. Yes, provided that you moved your coins to a new wallet, that’s perfectly safe. The old wallet’s key, which you imported into Coinomi, has no relation to the key of your new wallet. So even if Coinomi were to leak that old private key, it could only be used for your old wallet – which is now empty.

William W.
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William W.

Thank you so much, it worked!

Princewill
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Princewill

Thanks for the article. For some of us who held btc in blockchain. info before the fork . How do we claim our btg. thanks

Steven
Guest
Member
Steven

Thanks so much, this is the first guide that has worked properly!
For some reason, when I copy-pasted my BTG address, Coinomi thought it was invalid, but when I wrote it in manually, it worked.

Eless
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Member
Eless

Hi, I’m using Electrum 2.8.3 as my wallet. I transferred my BTC to a new wallet in ELectrum, and installed Coinomi on my phone, but it won’t accept my electrum seed. I typed it in manually first, no go, then I used the QR code and it autofilled the same seed, still a no go. Coinomi says in red “Recovery phrase is not valid. Check if some words are misspelled.” in each case. Believe me I checked. But now what? Any help in this matter would be greatly appreciated!

Eless
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Member
Eless

I notice Coinomi has a box that can be checked “Use a BIP39 passphrase”. I don’t know what that is, but can it help somehow?

Steven Hay
Member
Member
Steven Hay
Hi Eless, I believe that Electrum does not use BIP39 seeds but their own particular format. See their documentation page on the issue here: How to Claim Bitcoin Gold (BTG): A Step-by-Step Guide So while you can try checking BIP39, I very much doubt it’ll help. If you’re using Electrum 2.8.3, you can’t be using SegWit addresses, as these were only introduced in 3.0. (like multisig addresses, they start with a 3). I know Coinomi doesn’t support SegWit but as you’re using standard addresses, that can’t be the problem… I found a guide on Reddit to this problem which seems… Read more »
Eless
Guest
Member
Eless

Wow so I did all the things, made an ubuntu boot drive etc and nothing worked. Then I realized in the reddit column you posted that the guy made a new coinimi account instead of trying to restore one, and did a sweep from there. That ended up working for me directly from electrum, none of that bitaddress nonsense. Thank you so much! I transferred from coinimi to hitbit, but it’s taking forever to show up there :/ I really really appreciate your help Steven!

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