So its happenedwe have two bitcoins. This fork brought with it a new form of cryptocurrency in the form of bitcoin cash bch.
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Bch is here how to get your bitcoin cash coins.
How to get your bitcoin cash. In this example i will show you how to cash out bitcoin using paypal. Bitcoin cash bch was trending around 1600 235 right after the fork yesterday and today it rose to as much as 2900 440. Yesterday august 1st the bit! coin blockchain experienced a hard fork as we reported on in our last article.
1 split you bitcoin into bitcoin cash. I also talk about the bitcoin cash. This is clearly not the case.
Now since you and i are on the same page lets look at how to split existing bitcoin into bch. I talk about how people holding bitcoin now can claim their bitcoin cash and the steps that they must go through in order to claim their bitcoin cash correctly. Here in this post ill show using bittrex as an example.
As you will see below there are many different ways to cash out your bitcoin. This is a sign of a serious legitimate buyer. In this example i have selected the uk.
You also need to enter the amount of bitcoin you wish to sell. When you log in you should see a bch or possibly bcc balance in a new exchange wallet in addition to your regular btc wallet. As you can see the buyer has a 100 feedback rating a! nd has completed more than 1000 trades.
! In our beginners guide to surviving the bip 148 split which was subsequently updated to also cover the bitcoin cash launch we explained how to secure your private keys so you could be sure to access your bch. Legacy bitcoin btc and bitcoin cash bch or bcc. If your btc was held on one of the exchanges listed the exchange will have taken care of this process for you.
At the time of writing that article much was still uncertain about how this event would play out. You can get your bitcoin cash address from any crypto trading exchanges like poloniex bittrex etc which are supporting bitcoin cash as of now. In this tutorial im sharing how you can get access to bitcoin cash bch for free on the ledger nano s.
The amounts in both wallets should match assuming you havent made any recent trades or transactions. Your private key is the most important thing that ensures the safety of your bitcoin and your bitcoin cash.
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