Bitcoin Cash - Frequently Asked Questions

Aug 30, 2017

What is Bitcoin Cash? 

On August 1, a hard fork of the Bitcoin blockchain created Bitcoin Cash. A fork is the split of a blockchain into two blockchains, in this case, the original Bitcoin and the new Bitcoin Cash. Learn more



Why will it take so long to get my Bitcoin Cash?

Our top priority is the safety of customer funds and we spend extensive time designing, building, testing and auditing our systems to ensure that the digital assets we support remain safe and secure. 

Would I be able to buy/sell Bitcoin Cash on Coinbase? 

For now, Coinbase plans on supporting bitcoin cash withdrawals. If this changes, we will notify all customers with an update e-mail. 

When will I be able to withdraw Bitcoin Cash from Coinbase? 

January 1, 2018

How much Bitcoin cash will I receive? 

Customers with balances of bitcoin at the time of the fork now have an equal amount of bitcoin cash stored by Coinbase.

Will I still get Bitcoin Cash if I withdraw my Bitcoin from Coinbase after the fork?

Yes. You would receive an amount of bitcoin cash equal to the bitcoin you held in your Coinbase account at the time of the fork.


Can I see my Bitcoin Cash balance?

It is not currently possible to view the Bitcoin Cash balance associated with your Coinbase account.


Is Coinbase spending my money?

No. Coinbase will not spend your bitcoin cash balance.  We are currently designing, building, testing and auditing our systems, to enable you to withdraw your bitcoin cash balance.


What if my buy order was in progress during the fork?

You will only receive bitcoin cash for the amount of bitcoin in your account at the time of the fork. Pending orders would not be included in this as the bitcoin would not have been available in your account at the time of the fork.


Can I send bitcoin cash to Coinbase right now? 

No. 

Coinbase does not yet support the Bitcoin Cash blockchain. Do not send bitcoin cash to Coinbase. 

What will happen to my bitcoin ?

Your bitcoin is safe and there is no risk to your existing funds. 

 

 

 

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