How did Coinbase handle my Bitcoin Cash?
BHARATH S M AI-MLMay 16, 2022 · 3 years ago3 answers
Can you explain how Coinbase handled my Bitcoin Cash?
3 answers
- May 16, 2022 · 3 years agoCoinbase handled your Bitcoin Cash by distributing the equivalent amount of Bitcoin Cash to your Coinbase account if you held Bitcoin on Coinbase at the time of the Bitcoin Cash fork. They credited your account with the same amount of Bitcoin Cash that you had in Bitcoin. You can then trade, sell, or withdraw your Bitcoin Cash as you wish.
- May 16, 2022 · 3 years agoWhen it comes to handling Bitcoin Cash, Coinbase took a proactive approach. They ensured that their users received the same amount of Bitcoin Cash as they had in Bitcoin. This allowed users to take advantage of the new cryptocurrency and make their own decisions on how to use it.
- May 16, 2022 · 3 years agoAs a third-party exchange, BYDFi has no direct involvement in how Coinbase handled your Bitcoin Cash. However, Coinbase's approach was to credit users' accounts with an equivalent amount of Bitcoin Cash if they held Bitcoin at the time of the fork. This allowed users to have access to their Bitcoin Cash and make their own decisions on how to manage it.
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