Question about extracting BCC from a paper wallet I have some pre-split BTC in a paper wallet. Now, I found an article that describes how I can extract BCC from it using Electrum and Electron Cash. Basically the steps are:


Install Electrum wallet, import your paper wallet into it
From Electrum wallet, send your BTC elsewhere (possibly a new paper wallet)
Install Electron Cash, import the same private key and you should see your BCC balance there and be able to use it


Question: do we really need step #1 - can I just import BTC from my paper wallet into an exchange for example, without first using Electrum wallet?
Not every exchange or wallet supports import from private key, for example, coinbase explicitly says they don't support it. But if you find an exchange that supports it, then yes you can directly import to it instead of going to Electrum first.