Releases Full Bitcoin Cash Support, Users Receive Coins

October 12, 2017 6:02 pm Published by

Wallet provider Blockchain – formerly known as – Thursday released support for Bitcoin Cash (BCH) and credited users with equivalent balances, CoinTelegraph .com said.

Those with BTC in Blockchain wallets effective Aug. 1 are now able to access an identical amount of BCH to trade or store, the report said.

The move comes more than two months after the fork originally came into being, with Blockchain initially uncertain whether it would support it.

A company announcement said: “Since the Bitcoin Cash (BCH) hard fork activated on August 1st, we’ve continued to monitor this emerging digital asset and confirmed in a brief update our decision to roll out limited support, in line with our users’ requests, within approximately 8 weeks.”

Blockchain had first said it would cater to BCH at the end of August, the report said. Some wallet providers had been quick to open access to users, while others shunned the fork altogether.

BCH price trends have tended downwards since its release, with each new wallet reveal coinciding with further selling pressure pushing prices lower, the report said.

Thursday, the chain was selling at around $310 per coin, having previously reached highs of almost $1,000, the report said., Jack Durschlag

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