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Bitcoin Gold wallet

The best cold wallet for your Bitcoin Gold

Secure your Bitcoin Gold assets with the most trusted cold wallet. Cold storage wallets are encrypted devices that store your Bitcoin Gold tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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How to use Bitcoin Gold with Ledger

What is Bitcoin Gold?

In 2017, Bitcoin Gold was established as a more user-friendly option to Bitcoin, aiming to combine the durability and security of the Bitcoin blockchain with greater flexibility for experimentation and development.

Unlike Bitcoin, BTG does not rely on Bitcoin hash power or compete for the "real Bitcoin" label, but instead seeks to expand the crypto space with a blockchain that remains closely compatible with Bitcoin while offering new opportunities for DeFi and DApp developers.

One of Bitcoin Gold's main goals is to revolutionize the mining process on the Bitcoin blockchain by creating a more equitable system. By implementing changes to the Bitcoin blockchain through an alternate fork, BTG allows anyone to become a miner with basic hardware. This approach decentralizes mining and spreads it among a larger number of miners, instead of being controlled by a handful of large companies. To achieve this, Bitcoin Gold employs a PoW algorithm, Equihash-BTG, that cannot be run on specialized ASIC miners used for Bitcoin mining, giving ordinary users a fair chance to mine with common GPUs.

What is a Bitcoin Gold wallet?

To store and manage Bitcoin Gold, you need a compatible cryptocurrency wallet. Whether you’re looking to keep your tokens safe and HODL or manage them on a daily basis, Ledger has the right product for you.

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to get a Bitcoin Gold wallet?

01

Get a Ledger Nano

Select and purchase a Ledger wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

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02

Download and install what could be the best apps to buy crypto: Ledger Live

Download and install Ledger Live in a couple of clicks. Ledger Live is a crypto wallet app for desktop & mobile that enables you to set up a Ledger device and manage your tokens.

Download Ledger Live

03

Add Bitcoin Gold to your portfolio

Install Bitcoin Gold on your Ledger Nano:

  1. Open Ledger Live and navigate to Manager.
  2. Connect and unlock your Ledger device.
  3. Search for Bitcoin Gold in the app catalog and click Install.

04

Create a Bitcoin Gold account in Ledger Live:

  1. Open Ledger Live and head to Accounts.
  2. Click Add account.
  3. From the drop-down menu select Bitcoin Gold.

You’re all set!

Swap Bitcoin Gold at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can send/receive and swap Bitcoin Gold.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

Swap Bitcoin Gold

Swapping allows you to test out different cryptocurrencies, protect assets from volatility, and diversify your portfolio. Through Ledger Live, you can swap one coin for another without using fiat currencies.

  • Head over to Swap.
  • On the Exchange page, select the accounts that you want to swap.
  • Enter the desired amount and click Exchange.
  • Connect and unlock your Ledger device.
  • Follow the instructions to confirm the swap.

Swap Bitcoin Gold

1

The best way to keep your Bitcoin Gold coins secure

Secure multiple assets, including Bitcoin Gold using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your Bitcoin Gold assets with the first and only independently-certified Bitcoin Gold wallet on the market.

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Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth enabled secure and CES award winning device that protect your Bitcoin Gold assets.

Discover our Nano X

Choice of 5,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

Frequently Asked Questions

Bitcoin Gold (BTG) is a fork of the Bitcoin protocol that executed in October 2017 and primarily originated out of a desire to change Bitcoin’s mining algorithm from SHA-256 to Equihash – consequently making ASIC mining rigs obsolete in the network.

Similar to the Bitcoin Cash hard fork, once the Bitcoin Gold fork was initiated, Bitcoin holders were able to redeem BTG at a 1:1 ratio corresponding to their BTC holdings.

 

Focused on a different design consideration than another of Bitcoin’s prominent debates — block size — the role of ASICs in cryptocurrency mining of proof-of-work (PoW) networks has been polarizing, and arguments on both sides are plausible. On one side, ASIC mining can lead to a centralized mining economy in the hands of firms that can operate with economies of scale since ASIC hardware costs are at a premium.

Conversely, the position taken by Bitcoin Gold and other ASIC-resistant cryptocurrencies is that by changing the mining algorithm to one that precludes ASIC machines from the network, access to mining can be democratized to any user with a GPU consumer computer.

 

Outside of the mining algorithm shift, Bitcoin Gold retains some of the same technical aspects of Bitcoin including the 21 million supply cap, SegWit, and block times. Bitcoin Gold’s Github cites the primary differences of the network from Bitcoin at the time of launch as:

  • ASIC-resistant Equihash mining algorithm
  • Per block difficulty adjustment algorithm
  • Replay protection
  • Unique wallet addresses

Bitcoin Gold was bootstrapped on November 12 following its launch to create its own network. However, it still contains the entire Bitcoin blockchain up to that point.

When you first buy cryptocurrency, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your cryptocurrency wallet to spend, withdraw, or transfer your coins.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano crypto wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano wallets keep your keys secure and give you complete control over your assets.

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