How to obtain free Bitcoin from the forks

How to obtain free Bitcoin from the forks

You may have earned Bitcoins without having done anything. How? Simple, if you have Bitcoins in a cold wallet (or, in any case, in a portfolio whose private keys you control and therefore not a wallet in professional Exchange) and you haven’t moved them since before last summer, each of these Bitcoins could be worth more than it seems (circa 900 USD on today’s date). Many wonder how it’s possible… in fact it’s the secondary effect of the Bitcoin bifurcation, better known as Bitcoin forks. But, exactly what the Bitcoin forks are, and how it is possible to obtain “free” money from them is possible to better understand also thanks to a the support of a site: www.cryptodom.org.
For those who are less informed, the forks are bifurcations of the blockchain which, in creating new coins, a sort of “dividends” originates for the owners of coins from the original blockchain. There are various methods to obtain them: some simple, through apps like Coinomi and Bither, others decidedly more complicated that require turning scripts in python and to understand perfectly what is being one, under threat of losing the fork’s coins. Since the phenomenon is in continuous evolution, we advise you to take advantage of an expert’s advice. In any case, to be sure, be sure to always move your money to another address before undertaking any attempt to obtain the new coins deriving from the fork. In addition, it’s possible to securely calculate how many coins you’ll get. So, if you have any BTC parked on an address whose private keys you possess, the advice is undoubtedly that of trying to obtain the new coins deriving from the fork. For Bitcoin, the first real and important fork came about at the end of July 2017 with the birth of Bitcoin Cash, followed afterwards by other important forks (Bitcoin Gold, Bitcoin Diamond, Bitcoin Private, etc…).

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Risk warnings
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
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