Update as of Thursday, February 14, 2019

We have now begun reaching out to customers that held Bitcoin Cash (BCH) at the time of the hard fork.

In mid-November, Bitcoin Cash underwent a hard fork, resulting in two chains. On November 20th, we announced the “ABC” chain would retain the designation of Bitcoin Cash (BCH) on Coinbase.

The competing chain, known as Bitcoin SV, resulted in a forked coin now commonly referred to as BSV. When the hard fork occurred, the BSV blockchain used the amount of BCH associated with an address at the time of the fork to determine the amount of BSV that would be allocated to the parallel address on the BSV blockchain. As such, the amount of BSV now available in respective customers’ Coinbase.com accounts is the same as the amount of BCH that was in their Coinbase (Coinbase.com and Coinbase Pro) account at the time of the hard fork.

Coinbase does not support purchases or sales of BSV, so customers cannot sell their BSV for fiat currency on Coinbase. They may send their BSV balance to an external wallet, following instructions here.

Update as of Monday, November 26, 2018

Coinbase has now re-enabled sends and receives of BCH on Coinbase Pro, Prime, Coinbase.com and the iOS and Android apps. We expect to enable full BCH trading and functionality, including buys and sells on Coinbase.com and the mobile apps, in the next 2 days.

Following the BCH hard fork and conclusion of the hash war, Bitcoin SV has confirmed the creation of a new coin, BSV. Coinbase intends to allow customers to withdraw BSV at a future date, though we do not currently intend to support trading, buys or sells.

We will provide additional updates as they are available. We anticipate development work for BSV withdrawals will take at least a few weeks, but may take longer.

Update as of Tuesday, November 20, 2018

Since the Bitcoin Cash fork on November 15, 2018, Coinbase has been closely monitoring the BCH network. We have observed consensus in the community that the BCH ABC chain will retain the designation of Bitcoin Cash (BCH). Coinbase will also adopt this designation for BCH. Coinbase has made this decision based on a number of factors including the fact that ABC has a higher hashrate and a longer proof-of-work chain.

Coinbase is now prepared to resume limited trading in BCH. For Coinbase Pro and Prime, we will turn on trading of BCH in the next 2 hours. Sends and receives will remain offline until we can confirm that they are safe to re-enable, including a prolonged absence of chain reorganizations. We expect that to occur within the next week.

For Coinbase.com and the iOS and Android apps, we will continue to evaluate the safety of the network before re-enabling buys, sells, sends, and receives. We expect that to occur within the next week. We will resume all BCH services when it is safe for our customers.

We will continue to evaluate the safety of the BCH SV chain. Our current intention is to support withdrawal services for the BCH SV chain so that our customers may withdraw funds at a future date. We anticipate this development work will take at least a few weeks, but may take longer. We will communicate directly with customers that hold BCH and notify them when we complete this work and they can withdraw funds from the BCH SV chain.

If network conditions significantly change or become unsafe at any point, Coinbase may revise these plans.