Dealing with Forked Assets and Airdrops in Your Wallet

Throughout Bitcoin’s history, the blockchain has undergone “forks,” resulting in new derivative assets (e.g., Bitcoin Cash, Bitcoin SV). If you held Bitcoin at the time of a fork, you would also have a claim on the new forked asset on the new chain. Managing these forked assets from a Mycelium wallet requires caution. The process typically involves exporting the private keys for your Bitcoin addresses from Mycelium and importing them into a wallet specifically designed to support the forked asset. It is crucial to research each specific fork thoroughly and use extreme care, as interacting with scam wallets designed to steal your keys is a major risk. The mycelium wallet itself will only ever manage Bitcoin (BTC) on the main Bitcoin chain. Any action regarding forked assets should be considered advanced and approached with the understanding that your primary goal is to protect your Bitcoin keys above all else.

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