What is Bitcoin Cash?
On August 1, 2017 the Bitcoin network experienced a User Activated Hard Fork (UAHF), resulting in Bitcoin "splitting" into two separate cryptocurrencies - Bitcoin (BTC) and Bitcoin Cash (BCH). On this date, Bitcoin Cash was made available to all existing Bitcoin private key owners. For example, if you had 1 BTC at the time, you were eligible for 1 BCH.
CoinJar's Bitcoin Cash Support
Due to the security risks and technical challenges involved, CoinJar chose not to provide immediate support for Bitcoin Cash. Instead, CoinJar members were invited to withdraw their Bitcoin funds before August 1 if they wished to take part in Bitcoin Cash.
Bitcoin Cash Token Claims
Please note: The claiming period for Bitcoin Cash has now concluded.
If you had a Bitcoin balance in your Everyday Bitcoin on August 1 that was larger than 0.06 BTC, you were eligible to claim Bitcoin Cash tokens at a 1:1 ratio as of August 21, 2017 during a 60 day period. Please refer to our announcement below for details.
Bitcoin Cash claims were not processed instantly, and could take up to 2-3 weeks to be distributed. Bitcoin (BTC) amounts stored within CoinJar during the UAHF were not affected by the creation of Bitcoin Cash (BCH) tokens. Choosing to claim/withdraw your Bitcoin Cash (BCH) tokens had no influence over your Bitcoin (BTC) balance.
Future Bitcoin Cash Support
Although we allowed a once-off Bitcoin Cash claim for eligible CoinJar members, Bitcoin Cash support is not planned for the CoinJar platform. It is not possible to send, receive, or store Bitcoin Cash using CoinJar.
Updated: 1 Nov 2017 (AS)
Reviewed: 8 Jan 2018 (AS)