Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet – News Bitcoin News


Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet

On October 11 the cryptocurrency based multi-service provider, Blockchain, announced the company is now allowing access to Bitcoin Cash using the company’s wallet service.

Also Read: XBT Provider Launches First Ethereum Exchange-Traded Notes

The Cryptocurrency Wallet Provider Blockchain Adds Bitcoin Cash Support

Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain WalletBlockchain, the popular cryptocurrency wallet and block explorer service created in August 2011, has revealed users can now access Bitcoin Cash (BCH) through the firm’s wallet. The company who provides over 17.5M bitcoin wallets initially announced BCH support back in August. Blockchain said at the time it would be monitoring the BCH blockchain for a few weeks, and the startup’s previous statements also stated that it would only provide “limited access” to BCH funds. The London-based wallet provider now states:

We’re excited to share that, as of today, any user who had a bitcoin balance in their Blockchain wallet when the fork activated, will be able to access the same amount in BCH.


Non-Custodial Access to Bitcoin Cash

Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain WalletBlockchain also details users can “store, exchange, and send” BCH funds by switching their preferences in the wallet’s general settings tab. The company says in the future Blockchain may add expanded support for the decentralized currency. Blockchain just recently raised $40M from well-known investors, and CEO Peter Smith told about the company’s growth and plans for expansion. Alongside this, the wallet has also integrated the cryptocurrency ethereum and users can toggle between both of those cryptocurrencies as well. Blockchain details users can be confident they also maintain full non-custodial access to their Bitcoin Cash reserves.

“If you choose to continue to store your BCH, you’ll still retain full, exclusive access to these funds, which will always be accessible with your recovery phrase,” Blockchain adds.

What do you think about Blockchain supporting Bitcoin Cash? Let us know what you think in the comments below.

Images via Shutterstock and Blockchain.

Tags in this story
BCH, Bitcoin, bitcoin cash, Blockchain Explorer, Blockchain Wallet,, BTC, Cryptocurrencies, Ethereum, N-Featured, Peter Smith

At all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.

Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

Show comments