For updates on Bitcoin SV, please visit our What to Expect During the Bitcoin Cash Hard Fork blog post.
Twice a year, the Bitcoin Cash (BCH) network hard forks as part of scheduled protocol upgrades. Unlike previous BCH hard forks, there was a competing proposal that was not compatible with the published roadmap. On November 15th, both groups started creating blocks in their respective, separate blockchains. Bitcoin SV (BSV) was created as a result of that split.
The fork occurred on November 15th, 2018, at block number #556766.
The amount of BSV that you have received is the same amount of BCH that you held in your Coinbase account at the time of the fork.
BCH ABC retained the designation of BCH on Coinbase. If you had a BCH balance in your Coinbase account at the time of the fork, your BCH balance will remain the same.
We do not currently intend to support trades, buys, or sells of BSV on the Coinbase platform.
You can go to your Accounts page and use the withdraw functionality in your BSV Wallet to withdraw. If you had a BSV Balance in Coinbase Pro or Prime, you will need to log in to Coinbase with your Pro/Prime credentials to withdraw your balance.
We anticipate development work for BSV withdrawals will take at least a few weeks, but may take longer. We will communicate directly with customers that held BCH on Coinbase at the time of the fork and notify them when we complete this work and they can withdraw BSV.
If your purchase was in pending during the fork, you will not receive the BSV for that amount.