Anyone can do so. Bitcoin has the most mining power in the world, the most wallets, the most businesses that have it integrated and the most consumers that use it to transfer and store wealth, the most governments and banks that understand it, the most consumers with access to it, and the most use cases for using it as a store of wealth or a medium of exchange.
For every Bitcoin, in theory, there may now one Bitcoin Cash, but the long term prospects and viability of the new currency seems rather pointless and dull. Bitcoin Cash implemented larger block sizes, aimed at solving the problems the Bitcoin network congestion.
I believe Bitcoin Cash will just become or remain a low market-cap altcoin without significant miner support, without significant momentum and without significant use cases. Something that just piggybacked of some early news and distribution and will probably go down in value over time.
It has since been on a steady decline. The reason is probably pretty obvious: But, more and more people are logging into their Bitcoin platforms, seeing a notice that they now have Bitcoin Cash available and are asking:. It shows the volume of Bitcoin Cash traded against other trade bitcoin cash south africa Bitcoin being the most popular one and the estimated price it is trading at, in USD.
Despite many of the Bitcoin Cash platforms trading the currency, not all of those platforms allow you to deposit or withdraw BCH tokens yet. They are the same thing. This is trade bitcoin cash south africa important: You risk losing your money trade bitcoin cash south africa way.
Press the plus button since we want to add Bitcoin Cash to our Bittrex account. On trade bitcoin cash south africa next screen, enter the amount you want to send and paste the Bitcoin Cash wallet address from the previous step:. Many miners dropped support for Bitcoin Cash and, at times, over 12 hours have passed between the mining of blocks. Your receiving platform Bittrex in this demo may require three confirmations.
Or, you can just go to this handy link: Have a look at the order book to get an idea of what the market of buyers and sellers of BCC tokens, on Bittrex looks like in the bids and asks. On the right, top line, you can see the best ask: This is the maker-taker model: Once all your trades have closed, you should have a balance of trade bitcoin cash south africa Bitcoin Cash and some Bitcoin.
Trade bitcoin cash south africa just added the ability, for verified account holders, to sell Bitcoin Cash for Bitcoin, right on the Luno platform. Let me know if you have comments or if I missed anything. Hey Majid, if you send 0. You will still need to convert the 0. On Bittrex or any exchange platformyou can create an order —say, to sell 0.
You can use a service like Changelly. This might change in future, but in the meanwhile, you will need to use a platform that supports Bitcoin Cash. You could try cex. Then, from your Luno wallet, you can send your BTC very important: Luno will keep monitoring Bitcoin Cash and send an update if receiving and buying will get added to the platform! I have noticed that thousands of people have this problem and there is no response from the Bittrex Support team. Do you perhaps know a quick way to resolve this?
Most Bitcoin platforms are trade bitcoin cash south africa an incredible amount of interest which translates to an incredible amount of customer signups and verification requests. Hopefully, the price of Bitcoin will be higher by the time you get to sell your BTC! Can Luno be used to make BCH payments to bitmain? I am new to bitcoin and would like to buy some bitcoin cash…how do I go about it… I am currently using Luno in South Africa.
You can send your Bitcoin from Luno to another platform, where you can use it to buy Bitcoin Cash. Consider CEX or any of the platforms listed here: I have had emails back and forth with Luno and still no clear answer other than toughies….
All Trade bitcoin cash south africa want to know is what happens to that money. Will I ever get it back or is its gone? Every other wallet offers some sort of solution for these error. Instead all I get is scripted answers and loads of frustration. So, they can recover it, it just comes at an unrealistically high cost. Maybe, in future, if there are enough people in your unfortunate position, they will spend the two weeks to build a secure recovery mechanism.
But, more and more people are logging into their Bitcoin platforms, seeing a notice that they now have Bitcoin Cash available and are asking: So, how do I sell my Bitcoin Cash? Press the plus button since we want to add Bitcoin Cash to our Bittrex account You will be able to generate a new Bitcoin Cash wallet address. Do so by clicking: Sell your bch on luno Luno trade bitcoin cash south africa added the ability, for verified account holders, to sell Bitcoin Cash for Bitcoin, right on the Luno platform.
In step four you say: Hey Majid, On Bittrex or any exchange platformtrade bitcoin cash south africa can create an order —say, to sell 0. Hi Werner Thanks for the awesome Blog. Thanks for the help. Hey Jayson, Most Bitcoin platforms are seeing an incredible amount of interest which translates to an incredible amount of customer signups and verification requests. Hi Werner Extremely useful post. I would like more info about Luno and BCH, specifically… 1. I look forward to your response Imraan.
Hey Imraan, thanks a lot! His I am new to bitcoin and would like to buy some bitcoin cash…how do I go about it… I am currently using Luno in South Africa. Really sorry about that! By Werner van Rooyen August 6, How to get your credit report in South Africa. Home About me The Luno blog Contact me.
Trade Today. Thank you. Dean of Students Illinois State Multicultural Greek CouncilMGC. This unidentified creature has strange long claws and a weird looking snout, and walks on all fours. They're a multi-million dollar company so the least they can do is upgrade servers and hire more customer service staff right.