Summary: You can store your MAIDSAFE coins in a bitcoin wallet. You can send them to any bitcoin address, but to move them out of that bitcoin wallet, you need to: 1) Have some bitcoins in the wallet to pay for the fee and 2) have the private key of that wallet and 3) to move them from the wallet you need to use omniwallet (or i guess an other wallet with this functionality), so here is what you need to do:
For the bitcoin address you want to send your funds, make sure you have access to the private keys, i use:
Go to Poloniex or wherever you have your MAIDSAFE coin and send them to your bitcoin address as per 1) above.
They are now safe in your bitcoin wallet.
If you want to withdraw them, then do the following:
make sure the bitcoin wallet has bitcoin in it to pay for the transaction.
Go to https://www.omniwallet.org/ and create an account. Once set up, go to wallet and import using private key. Once you have imported private key, you now have access to the MAID, it will show as a balance there and you can now send them from that wallet to any other MAID or BTC address.
That’s the short how to guide from what i learned yday. This post helped alot:
Hope it may help!
Comments are welcome in case I missed something or wrote something wrong. Pls. test out for yourself, send small test amount first obviously(!)
I sorted it out by simply going to Step 3. Blockchain.info doesn’t recognize MaidSafe coins and just shows the error and a small sum, in my case $.03. However, when transferred to OmniWallet, the MaidSafe coins came out fine. Question: Could I have just left them where they were on blockchain with given the error “unable to decode output address?” Thanks in advance for any input
It is not clear to me what you did, but I can describe how it works for you. MAIDsafe coins are an Omni protocol asset. Omni protocol is like an additional layer of data on top of Bitcoin. So you hold Omni assets on a regular Bitcoin address and control them with the private key for that address, just as you would a Bitcoin. The only difference is that you need to use a wallet that understands the Omni protocol when dealing with Omni based assets like MAID. As an Omni asset transaction is at its heart also a Bitcoin transaction, you need to have Bitcoin in the same address as the Omni asset to cover the Bitcoin transaction fee.
I’m a little newbie to everything electronic and I do not understand very well how to store my MAID safely. I try to do what they say but it scares me to lose my MAID or my BTC. I do not understand how MAID does not create its own wallet to download and where to store them.
No need for a MAID wallet, there is already Omni wallet and MAID is just a holder token to be replaced with SafeCoin on the network.
You can just create an ‘omniwallet’, carefully record your wallet ID AND your password on paper, activate 2FA and bob’s your uncle, you have a ‘fairly’ secure wallet to keep your MAID safely off the exchange.
If it is a large sum of money then you should consider cold storage (offline paper wallet). It is actually much easier than it sounds. I can’t use the remote control for the TV and I’ve never used a smartphone or touchscreen, but I worked out how to store my coins on paper with very little effort once I gave it a go. I even ‘air-gapped’ the keys (ooo get me ).
I Want to use an offline wallet to store my coins. So it’s ok to just send them to a wallet I created on bitaddress.org? I Got the private key, so in the future I can import them on any service I like?
Yes, as far as I am concern. If you just send maidsafecoins to any bitcoin address that you have the private key you would be able to import that private key in omniwallet and spend the coins from there. Also you can check the balance of maidsafecoins in any bitcoin address with the public key in the same web.