@Telesfor
edited
How to integrate read.cash wallet into Bitcoin.com wallet?
****Please note: Description updated on 2020.10.05 for current version of Bitcoin.com wallet.**** A few days ago I have connected my read.cash wallet to the bitcoin.com wallet. This has several advantages: I always get a notification when my read.cash account received satoshis, I can deposit and withdraw money without using the read.cash wallet I can see all transactions made in my read.cash account. If I lose access to my read.cash account (e.g. forget my password), I will still have access to my read.cash wallet. Since it is very practical and maybe not all of you know how to do it, I decided to write a little description for the read.cash users First you have to write down your seed phrase if you haven't done it yet. To do it, click on the wallet sign and then on "Backup my wallet".
Then scroll down and click on the big grey button
and write down your seed phrase.
Then you have to install and start the Bitcoin.com wallet. Now you must click on the plus sign (+Add). https://wallet.bitcoin.com
In the following steps you must click on IMPORT WALLET.
Now you can enter your seed from your read.cash wallet
and import your wallet. After a while, when your wallet has synchronized, your read.cash funds and transactions will appear in your Bitcoin.com wallet. In rare cases, it may happen that the synchronisation does not work or does not work properly. In this case you can scan for missing transactions. To do this click on three points.
Then on "wallet information"
Then on "Scan for missing transactions" And finally on "scan for transactions"
If you have imported your wallet, your BCH **will not be transferred** from read.cash to Bitcoin.com wallet, your BCH balance will be **displayed in both wallets**. How is that possible? Your Bitcoin Cash (BCH) is actually not at read.cash and not in the bitcoin.com wallet. Your BCH is in the Bitcoin Cash blockchain on over a thousand computers (so-called nodes) that communicate with each other on the internet. **Your seed allows you the access to your BCH.** Your seed is stored in the bitcoin.com wallet and in your browser in the read.cash wallet. Your seed and the derivation path creates private keys in your wallet. When you make a transaction, your BCH is sent with the help of your seed (more precisely through your private key, which is created by the seed and the derivation path). Once you have written down your seed, you can always access your BCH, even if your smartphone stops working or you forget your read.cash password. How does Bitcoin Cash wallet work you can read here. https://read.cash/@Telesfor/what-is-derivation-path-and-why-i-need-it-c652b5ef https://read.cash/@Telesfor/how-does-bitcoin-cash-wallet-work-27adaff4 https://read.cash/@Telesfor/how-does-bitcoin-cash-https://read.cash/@Telesfor/how-does-bitcoin-cash-wallet-work-27adaff4-work-27adaff4 **Please note:** read.cash wallet uses only one private key (and one Bitcoin Cash address) whereas Bitcoin.com wallet uses several private keys (and several Bitcoin Cash addresses). If you send funds using the Bitcoin.com wallet, your read.cash account will **show less or even 0**. But that is no reason to worry. Your BCH is always yours because you own the seed. If you want the read.cash wallet and your bitcoin.com wallet to show the same balance, send all your funds from the bitcoin.com wallet to read.cash wallet. **Important**: The Bitcoin.com app can manage SLP tokens. If you want to send and receive SLP tokens with Bitcoin.com app, create a separate wallet in the Bitcoin.com app and manage it there and not on the read.cash address. Otherwise your SLP tokens may get lost.
146 comments
Cool! Linked it from https://read.cash/@Read.Cash/what-is-readcash-7b0bfcfc
Thanx. I love read.cash more and more.
Actually it didn't work for me. First time I tried the wallet was created, but showed 0 deposits and 0 funds. I thought maybe I did something, so I deleted the wallet again. Now I cannot create a new from the same seed. The Bitcoin.com wallet just comes with a Error 500. :-/
It is strange. It worked for me right away. Maybe it takes a while until the wallet has synchronized. You get the error message because you have already created the wallet. You cannot create a wallet with the same seed phrase twice. But you can import it now. Click on the plus sign and then on "lmport Wallet". Then enter the seed phrase there.
Ok, cool. Thanks, will try that :-)
Did the same with Electron Cash just had to change the derivation path was all!
I did it too. I import seeds from all my important wallets in electron cash. This is the best wallet for desktop. You just have to keep in mind that electron cash uses several addresses.
You are really good. I love your sincere style of writing; the syntax and semantics are absolutely mind blowing. Please keep it up. You are just you. You've got a great personality in you.
A good one to save too although I am not that far yet. Thank you for explaining.
If you have any questions, please feel free to contact me. I have already used several Bitcoin Cash wallets and made a lot of transactions. I also own many SLP tokens.
I keep that in mind. Thank you very much for offering your help. 👍
Thank to share it as i do not know about it. It is very helpful for me and many like me who are new at this platform.keep sharing like that.
Thank you for this. I will try to do this once I have free time.
Thanks a lot for this... I usually see the backup your wallet option but I never really knew what it does but from your tutorial I think it's all clear now... I sure would get right to it
Please note that this description is for an outdated version of bitcoin.com Wallet. You can write me if it works. I will also revise this description soon.
Oh really... Ok let me try it and see
I have updated the description.
Hello, In new your contents are great ❤❤you are so amazing
Thanks. I'm glad you liked my article. I'm not a good writer, but I'm good enough to write an instruction manual.😉
I had not seen this before. A good idea. I will do this. By the way, do you have Telegram? Since we are working together now, it could be good to have some other means of communication than a public area as this - and also if it is some trouble with internet (which is occasionally the case where I am).
Please note: this description is for an outdated version of bitcoin.com wallet, I created it 5 months ago and not yet adapted to the current version. Yes I have a telegram account.
Ok, I think I can manage it anyway. I had just never thought of integrating the readcash wallet into another wallet.
I updated my description
Thanks, I have already done this, but it's good anyway, for other readers who may want to do it.
Comes handy have your wallet keys exported. You can then import to any other compatible. What of the other way around? Import your wallet to read.cash?
This is not possible, but perhaps read.cash will implement such a function in the future. You can ask him.
Hey this is a great article. I love seeing this sort of content on here. Keep it up, love the pictures and all the info!
I have imported read.cash wallet to Bitcoin.com wallet and when I want to send sats there is a fee above 2000 sats. I have another wallet in Bitcoin.com and the fee is about 800 sats. Why are fees so different?
2000 sats? I pay between 414 and 262 sats. Higher fees may apply if you have a lot of small inputs and the transaction is very large, for example 2000 bytes. You can check the fees in the wallet setings. Set the fees to normal if not set. Normal is 1sat per byte.
Yeah. You are right about small inputs. I’m not writing much so I usually get from read.cash about 1500 sats. So if I want to send e.g. 20000 sats the fee is about 2000, if 5000 -the fee is about 1000 sats. It doesn’t matter if fee is set as economic or normal. It’s just dust but I was wondering where is the catch. Thanks
Will there be high charges for all these transactions?
No, for Bitcoin Cash transactions the fees are very small, about $0.001 (0.1 cent). This is one of the strengths of Bitcoin Cash.
More about Bitcoin Cash you can read here: https://read.cash/@Read.Cash/whats-so-great-about-bitcoin-cash-26bdb6f0
BTW, to withdraw is it necessary to link the wallets? I thought we just can mention our BCH address and send it to it directly
No, that's not necessary. You have a normal wallet in read.cash and can send a transaction to any BCH wallet. But if you connect the bitcoin.com wallet as I described, you will get a notification in your smartphone when someone in read.cadh tips you. This is the main advantage for me.
Aha. Great. Thanks for the info.
Good job, the update will be so helpful to me. Thank you for a job well done
Did you get the notice on your smartphone when I tipped you today? Your balance in read.cash and the bitcoin.com wallet must be the same.
Yeah, just checking in now. The balance is the same, thank you so much for your care and concern.
Thanks for the tip. For your information tomorrow is my birthday, keep an eye on my birthday article dropping tonight.
thank you for this information @telesfor! i will back up my read.cash wallet just in case.
This article is very informative. I like it. And by the way, thank you for supporting my articles too, I really appreciate it. Thank you so much.
Wow. It is great that we can backup if we loss the access. And read.cash wallet seems easier and trustworthy then others.
This is not a backup, strictly speaking. Your seed is your key to your Bitcoin Cash. You can also import it into other wallets at any time. Your BCH is in the blockchain and you can always access it when you have written down your seed and imported it into a wallet. This is the magic of blockchain technology.
Yaap. I saved my seed phrase. And i noticed that this is very important. Thanks for your advices and help.
Wow, thank you sir Now, I learn a lot from this article because i forgot to write down my seed , that's why I use coins.ph sir.
>that's why I use coins.ph sir. Don't you have a seed or private key on coins.ph ?
Pin only sir. It's that okay sir?
Not your seed, not your coin. If you own your seed or private key, only you can access your BCH. In your case coin.ph own your coin and allows you to access it with pin. I never keep my coins on platforms like this. They can get hacked, go broke or be confiscated by the government. My seed is known only to me and no one can take it away.
Yes, sir, some posted on Facebook that they hack their coins.ph and the money were gone. So I'm worried that's why I read your article, sir. It really helps me thank you, sir.
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