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How can I participate in the Monero hard fork and claim the new coins?

avatarDiego Andrés Lastra RomeroDec 27, 2021 · 3 years ago3 answers

I want to participate in the upcoming Monero hard fork and claim the new coins. How can I do that? What steps do I need to take?

How can I participate in the Monero hard fork and claim the new coins?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To participate in the Monero hard fork and claim the new coins, you need to make sure you are holding Monero (XMR) in a wallet or exchange that supports the fork. Prior to the fork, the developers will announce the specific block height at which the fork will occur. At that point, you should make sure your XMR is in a compatible wallet or exchange. After the fork, you can access the new coins by importing your private keys or using the recovery phrase in a compatible wallet. Remember to exercise caution and only use trusted wallets and exchanges to avoid scams and potential loss of funds.
  • avatarDec 27, 2021 · 3 years ago
    Participating in the Monero hard fork and claiming the new coins is relatively straightforward. First, ensure that you have Monero (XMR) in a wallet or exchange that will support the fork. Keep an eye out for announcements from the Monero development team regarding the specific block height at which the fork will occur. Once the fork happens, you can access the new coins by importing your private keys or using the recovery phrase in a compatible wallet. Just remember to do your due diligence and research to ensure the wallet or exchange you choose is reputable and secure.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can tell you that participating in the Monero hard fork and claiming the new coins is an exciting opportunity. To get started, you'll need to ensure that you have Monero (XMR) in a wallet or exchange that will support the fork. Keep an eye on the Monero community for announcements regarding the specific block height at which the fork will occur. Once the fork happens, you can claim the new coins by importing your private keys or using the recovery phrase in a compatible wallet. Remember to exercise caution and only use trusted wallets and exchanges to protect your investment.