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RE: Step By Step: Getting Your Bitcoin Cash out of a Bitcoin Paper Wallet
A big Thank YOU for sharing this completely step by step guide how to safely get your Bitcoin and Bitcoin Cash out of a paper wallet! I was just wondering: isn't it better to wait till segwit is active on the Bitcoin chain to do this? (To avoid a high fee to import your BTC?)... Great post!
You're welcome! If you're concerned about some small fees here or there while Bitcoin Cash is swinging hundreds of dollars, you may be penny wise and pound foolish. That said, waiting may make sense anyway, depending on which way the market swings.
That's true ;-) but the thing is I have multiple paperwallets, some of them are filled with only a small amount, and in that cases, the fees are just a to high % of the money on it... Besides that, it's just a personal issue I have with paying fees for this kind of "transactions". I've made some money with trading Bitcoin Cash the first day it came out (on Bittrex, bought 1 BCC +- 400 USD, sold it at around 1100USD) so the BCC I own because of the Bitcoin I owned at the moment of the fork is just for holding ;-)
Nice trade!