Coinbase Finally Makes Bitcoin SV Funds Available for Withdrawal
If you’re a Coinbase user, you may have seen some new tokens on your account. The Bitcoin Cash chain split into two different chains back in November. It means that if you held Bitcoin Cash on November 15, you became the lucky owner of Bitcoin SV and Bitcoin ABC. And Coinbase just started handing out Bitcoin SV to its users if you’re involved in the split.
The split happened because Bitcoin Cash developers couldn’t agree on an upgrade. Some developers backed an upgrade to the code called Bitcoin ABC while others defended a more conservative update dubbed Bitcoin Satoshi Vision (Bitcoin SV).
Major American cryptocurrency exchange Coinbase now allows its users to withdraw Bitcoin SV (BSV) balances to external wallets, according to an announcement published on Feb. 14.
BSV appeared following a hard fork in the Bitcoin Cash (BCH) blockchain in November of last year. The for resulted in two new coins; Bitcoin SV and Bitcoin ABC. The camp for Bitcoin SV (Satoshi’s Vision) was lead by Australian computer scientist Craig Wright, who has previously declared himself to be Bitcoin creator Satoshi Nakamoto.
After the hard fork, Coinbase users holding BCH received an equal amount of BSV, however the exchange has, until now, not provided an option for…