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Top Solutions for Storing Your BTC coins in the Best Bitcoin Gold Wallet

Talking about Bitcoin Gold (BTG), is a hard fork for the Bitcoin blockchain. The main purpose of this fork was to completely replace the proof-of-work algorithm from the SHA256 algorithm, which was originally chosen by Satoshi Nakamoto at Equish. Even though Bitcoin Gold is a fork for Bitcoin and the two have similarities, it does not mean that it will automatically support Bitcoin Gold like wallets automatically support Bitcoin. If you are interested in bitcoin trading visit the Immediate Edge trading platform.

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Moreover, you will likewise first need to ensure that anything wallet you pick upholds Bitcoin Gold, if not you might hazard losing your coins in the event that you don’t. To provide a safe and secure way to store your Bitcoin Gold, we have discussed here some places where you can safely store your BTG.

Top 3 Bitcoin Gold Storage Options

Here are some of the best bitcoin gold wallets available today. Likewise, this wallet is likewise founded on probably the main factors that should be considered while picking a wallet, for example, cross-utilitarian, convenience, security, utilization as well as local area support.

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Bitcoin Gold Core (Desktop Wallet)

First of all, if talk about Bitcoin Gold Core, it is available as a desktop wallet. You. Might consider using it because official wallets for each cryptocurrency are generally, always considered the best option. It is a full node wallet which is in the form of a desktop wallet. It uses the device it is fully installed on to store your private key. In addition, it is also capable of giving you the ability to store, send and receive or mine bitcoin gold. The Bitcoin Gold Center wallet incorporates variants like Linux, Windows, and Mac, each giving a protected work area wallet to storing and managing away their Bitcoin Gold property.

Trezor Model One ( Hardware wallet)

Here if we talk about Trezor Model One, this is an hardware wallet where you can safely store your bitcoin gold. This wallet is created by an company called Satoshi Labs which is a entry-level Hardware wallet situated in Prague. Since it is in the form of a hardware wallet, here you can store your private key locally on the device. Also, whenever you sign a transaction, you will first need to connect it to your PC using a USB cable. Once this process is complete, it then uses Trezor’s “bridge” software to interact with its browser plugin.

However, Trezor is also available as a multi-currency wallet, where in addition to supporting BTG, over 800 other coins can be supported.

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Bitcoin gold paper wallet

Speaking of the BTG paper wallet, it is considered one of the oldest ways to store cryptocurrency and can be had free of charge. But you must first create an offline address for this where the private key can be stored in paper form. However, you can also use an online wallet generator to do this. But you will need to disconnect your internet and also necessity to generate seed word in offline state. After this process is completed, your private key is generated after which there is no chance of it being leaked. Once you’ve created the address as well as your private key, you can print it out on a piece of paper if you want. Once printed, you can keep it in a safe place even in an offline environment. This is very common in the crypto industry and is known as “cold storage”. However, you may need to be careful with this, because if the print accidentally falls into someone else’s hands, they can easily access all your coins, which is one of the main risks.

 

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