HOW TO SEND FROM YOUR MAIN BCH WALLET TO YOUR SPLIT BCH WALLET

in #bitcoin7 years ago

Step by step procedure to secure your BCH (Main/ Split) and retrieve balances

By selecting MAIN you'll see and manage your BCH through the old HD path of Bitcoin (0'). This is the most simple way to manage your coins, as your BCH are already there. But it could also be more simple, so more tempting, for possible future malicious attacks.

By selecting SPLIT you'll see and manage your BCH through the new HD path of Bitcoin Cash (145'). It will require you to make a transaction from the MAIN account to the SPLIT account (you'll have to spend some fees). But it could also be more safe as you'll have new keys for this particular account.
It is up to you: you can then choose to transfer from one path to another at your convenience - nothing is mandatory. This choice is done as an additional protection layer against scammers that could lure you into transacting on the wrong chain.

HOW TO SEND FROM YOUR MAIN BCH WALLET TO YOUR SPLIT BCH WALLET

If you own a Nano or a HW1, you'll first have to update the firmware (see this unofficial tutorial) and can skip steps 1 and 2

Install the Bitcoin Cash wallet from the Ledger Manager on your Ledger device (if the Ledger Manager says that no more space is available please delete other wallets, you won't lose any fund)
Open the Bitcoin Cash wallet on your Ledger device
Launch the Bitcoin Chrome App
Click on "Settings" and "Blockchains" to choose which Bitcoin chain you want to use.
Select the Bitcoin Cash chain
Select the "Split" wallet
Click on the "Receive" tab (down pointing arrow)
Copy the BCH address displayed, under the QR code
Click on "Settings" => "Blockchains" => "Bitcoin Cash"
Select the "Main" wallet
Click on the "Send" tab
Click on MAX to send all your BCH
Paste the BCH address you have just copied from the "Split" wallet
Click on "Send" and confirm on your Ledger device after having checked all the details displayed are right
If you have some troubles after having done the split, you can refer to this FAQ

There are also some non-official videos shot by some Ledger customers that could help you follow our tutorials:

Tutorial by Chris from The Cryptoverse
Tutorial by tplusd

and

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