The cryptocurrency exchange known as Bittrex is retiring their Bitcoin Gold (BTG) and Bitcoin Private (BTCP) wallets. Starting the 5th of November, all crypto assets still in these wallets will be unrecoverable. Ledger supports both BTG and BTCP – our clients are heavily advised to move these two crypto assets to their Ledger wallet.
Bittrex has announced the discontinuation of these three wallets on the 6th of October. The popular cryptocurrency exchange states that these crypto assets are no longer supported starting the 5th of November to enhance their performance and operational efficiency. Any Bitcoin Gold or Bitcoin Private that is still on Bittrex after the 5th of November will be lost.
Ledger heavily recommends its users to move their Bitcoin Gold (BTG) and Bitcoin Private (BTCP) from Bittrex to their Ledger wallet before the 5th of November to prevent potential losses.
How can I transfer my BTG and BTCP assets to my Ledger wallet?
Follow these steps four steps to send your Bitcoin Gold and/or Bitcoin Private to your Ledger wallet:
- Open Ledger Live and go to the Manager tab.
- Install the BTG / BTCP app and add an account.
Please note that the Electrum BTCP app needs to be used to manage BTCP.
- Click on the Receive tab and copy the address that is shown.
Reminder: please always verify your receiving address before using it.
- Sign into Bittrex and use the Ledger addresses to transfer the crypto assets to your Ledger wallet.
Don’t have a Ledger device yet? Find out more about our hardware wallets here.
Wondering why you would need a hardware wallet? Please refer to our CEO’s article on the purpose of hardware wallets.
Note: Bitshares was initially being delisted too, but Bittrex has decided not to do so in the end.