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Bitcoin Cash

How to Claim Your Bitcoin Cash From Your Wallet and Sell it for Bitcoin

Wondering how you can claim your Bitcoin Cash after the Bitcoin fork?  There’s great news.  One of the largest and trustworthy cryptocurrency exchanges, Kraken, just announced today that they will start accepting Bitcoin Cash deposits.  That’s great news for people that have been searching for a Bitcoin Cash wallet to claim their share of the split coin.  And in case if you’re wondering, if you owned Bitcoin before August 1st, you will automatically own the same number of Bitcoin Cash coins.  You just need to claim it in a Bitcoin Cash wallet to either keep them or sell them.

Interested in investing in Bitcoins or other Altcoins?

Here’s how we buy Bitcoin and Ethers. You will receive $10 of FREE BITCOIN when you buy or sell over $100 worth of any digital currency.

The biggest hurdle for most people looking to claim Bitcoin Cash has been attaining a deposit address from a wallet they can trust.  Now that Kraken is accepting Bitcoin Cash deposits, it will make it easier to split the coin.  If you decide to use Kraken as your next Bitcoin Cash Wallet, simply open an account on their site and look for their Bitcoin Cash (BCH) section, then you can generate a new deposit address there to get started.  Bitcoin Cash deposits on Kraken currently requires 20 confirmations to clear, which took us about 5 hours earlier today.  The number of required confirmations should come down in the future, and as more miners join Bitcoin Cash, the time it takes should get dramatically faster.

How To Claim Bitcoin Cash

The process to claim Bitcoin Cash highly depends on where you currently stored your Bitcoin, such as the best Bitcoin wallets we suggested earlier.

Below are the steps for a few of the most popular wallets to claim Bitcoin Cash.  If you are using another wallet not mentioned here, be sure to ask in the comment section below and we can try to help.  We will continue to update this post and add instructions to claim Bitcoin Cash for other wallets as we see them, so check back often or ask below for your wallet.

Claim Bitcoin Cash on Exodus

This is probably the simplest of all the wallets we’ve seen to claim Bitcoin Cash.  All you need to do is to upgrade to the latest version of Exodus (to at least version 1.31.0), then follow these short steps below.  Kudos to Exodus for coming up with such an easy solution to claim Bitcoin Cash.

  1. Load Exodus, click on help on the left side
  2. Look for “How do I Claim my Bitcoin Cash (BCH)?” at the very bottom
  3. Click “Claim my Bitcoin Cash Now!” button
  4. Click continue then enter your Bitcoin Cash deposit address, we used Kraken’s deposit address for this step.  (WARNING! DO NOT SEND TO A BITCOIN ADDRESS, MUST BE A BITCOIN CASH ADDRESS!!!)
  5. Go through the rest of the steps and watch the magic happen.  We went through the exact steps today and verified everything worked as shown.  We successfully claimed our Bitcoin Cash from Exodus and transferred to Kraken account.  Kraken required 20 confirmations, which took us about 5 hours, but everything worked out and verified.

Claim Bitcoin Cash on Electrum

Electrum officially stated that they will not directly support Bitcoin Cash, so to access Bitcoin Cash, user may transfer Bitcoin Cash to another wallet. Here’s a great video on exactly how to claim Bitcoin Cash on Electrum

Claim Bitcoin Cash on Jaxx

Here’s the official statement from Jaxx.  They recommend keeping your new coin in Jaxx until they are ready for the full integration of Bitcoin Cash, they will eventually support it and will split the coin for you.  But if you can’t wait that long, then you will want to export your private keys from Jaxx and try something like this (not verified by us, but looks legit.)

Recommendation: keep in your Jaxx wallet until they officially support it.

Claim Bitcoin Cash on TREZOR

To claim Bitcoin Cash from your TREZOR device, simply follow their official guide here.

Claim Bitcoin Cash on Coinbase

Coinbase originally were not planning on supporting Bitcoin Cash, but after much deliberation (and some “nudging”), they have decide to support the new coin, and transition should be complete by January 1st, 2018.

Recommendation: keep in your Coinbase wallet until they officially support it.

Update: Coinbase actually started trading Bitcoin Cash in the middle of December 2017

Claim Bitcoin Cash on XAPO

Here is the official statement from XAPO regarding Bitcoin Cash.  Basically you just need to wait it out and they will credit you the Bitcoin Cash in your account eventually.  If you must claim it now for whatever reason, try the JAXX method above, but it’s not recommended since it involves sending your coins to Electrum Cash, which seems legit, but its created by an anonymous developer…so yea, good luck with that.

Recommendation: keep in your XAPO wallet until they officially support it.

Should I Sell My Bitcoin Cash?

Now whether or not you should actually sell your Bitcoin Cash is another conversation.  There are hardcore believers on both sides.  Some think Bitcoin Cash is going to zero, and some think it will take over Bitcoin Core as the “real bitcoin”.

Let us give you some perspective.  The last time there was a massive fork that had a similar back story was the Ethereum Hard Fork, the fork left us with the dominant Ethereum (ETH) coin and a Ethereum Classic (ETC) coin that was left to die. Below is a timeline of the brief life of ETC to give you some perspective of what COULD happen after a fork:

  • July 20th, 2016 – Ethereum hard fork completed
  • August 2nd, 2016 – price of Ethereum Classic (ETC) hit a peak “IPO price” of $2.76, with market cap of $194M
  • November 29, 2016 – price of ETC proceeded to drop precipitately by 73% to $0.75, with market cap of $66M remaining
  • Roughly a year after the fork, the price of ETC has rebounded (exploded) all the way up to $15.35 (market cap of $1.5B), or over 2,000% gain since the trough, and the price of ETH continues to outperform ETC, but both are thriving own its own

So the question you want to ask yourself, before you make a decision to sell: do you think Bitcoin Cash will follow the path of Ethereum Classic? If so, then you will want to “HODL”!  If you would like to just sell your Bitcoin Cash, then Kraken has a great option to sell and exchange your Bitcoin Cash to Bitcoin or, as Randy Moss would day, straight cash homie.

Interested in investing in Bitcoins or other Altcoins?

Here’s how we buy Bitcoin and Ethers. You will receive $10 of FREE BITCOIN when you buy or sell over $100 worth of any digital currency.

5 best cryptocurrency news apps in 2019

Everybody likes being in the know of things. Given the advancement of modern technology, it’s not hard to get to know a few things within a matter of few seconds. In this fast paced world, it can sometimes get hard to keep up with all the news that’s floating around you. This is particularly the case with Bitcoin and other cryptocurrencies as time is incredibly crucial with these currencies. Keeping this in mind, it is important to be in the know of things. But how do you achieve this? Well, with the help of a dedicated app which can be tailored to your every need while providing all the information that we need on the nature of the cryptocurrency business.

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Looking for a better way to track your crypto portfolio value live?

We recommend CoinTracking

Considering the amount of apps that show up on the Play Store results, it’s understandable if picking the best ones is a tough job for the users. This is why we have picked some of the best cryptocurrency news apps that you can get your hands on right now. Although everybody has a favorite, we strongly recommend users to check out all the offerings to get a broader sense of which one works better.

5 best cryptocurrency news apps

StockTwits

This is a highly customizable news source for everything you need to know about cryptocurrencies. The app offered by the developer is well designed and provides all the information you need in one place. While you might know this as a stock trading and analysis app, the makers have also started tracking cryptocurrency prices, making it a favorite in the community. Needless to say, the service has also received several commendations from renowned tech experts and journalists. If you’re into the stock market, you can use login with your Robinhood account to check out the holdings you have in your possession. However, some users claim that they are experiencing problems with Robinhood syncing, but that’s an issue that can be easily rectified.

Further, you can create custom search URLs for a particular cryptocurrency. For example – you can get all the information on Bitcoin prices by heading over to https://stocktwits.com/symbol/BTC.X. There are several other URLs for other cryptocurrencies. Considering how Bitcoin is the most popular currency right now, getting real time updates on pricing and other trends is a priority for the developers. We’re happy to report that StockTwits succeeds in doing that to a great extent.

The app is completely free to download as long as you don’t mind ads. There are no in-app purchases on offer here. Devices running Android 4.4 and above can download the app.

Reddit

This might probably seem like an unlikely entry on this list. But the fact remains that Reddit is one of the hottest sources of early news as users take to this particular social media platform to announce some new rules, regulations and other relevant information that every Bitcoin user should be well versed with. As you may or may not know, Reddit works on the concept of subreddits, which are dedicated pages meant for a topic. You can browse through reddit and find r/CryptoCurrency which has the best news updates and other announcements as they happen.

Reddit’s app received a massive overhaul recently, making it a much more smoother and refined app overall. Browsing content or reading lengthy articles on this app should no longer be an issue. Naturally, there are a variety of other Bitcoin related subreddits on Reddit. However, given the number of subreddits that pop up everyday, it’s hard to keep track on the good ones. Reddit is a free to download app with a slight dosage of ads. Having used the app regularly, I can say that the app is incredibly comfortable to use even with ads on board. Be sure to check it out if you haven’t already.

Bitcoin, Ethereum, IOTA Ripple Price & Crypto News

This is yet another popular source for gathering news and information on Bitcoin, Ethereum and a variety of other cryptocurrencies. In addition to getting news updates from the world of cryptocurrency, you can also check out detailed graphs of the varying prices of some currencies, giving us a very good idea of how these currencies have evolved in just a few years. If you want more detailed reports, the app can give you a summary of the money you’ve lost and earned at the end of the day. Your Blockchain assets can be managed and viewed right within the app, which is a massive bonus for the customers.

An app that is this feature rich is bound to have a basic currency convertor as well. So you’re getting a whole lot of features here, which definitely makes for an interesting app. However, these features do come with a price. Although the app is free to download, you will have to make do with ads on your screen. If that’s something you’re not okay with, you can just as easily make an in-app purchase to make them go away.

Blockfolio Bitcoin

This app, in addition to being an excellent tool to give you information on Bitcoin and Altcoin, can also help you manage your spendings. Bear in mind that it cannot handle Bitcoin payments or sales, but you can manually record your Bitcoin or other cryptocurrency records and get an update as the value dips or increases. The user interface of the app deserves special praise as well for making this a truly effortless experience. You can track nearly 2,000 cryptocurrencies from around the world, so you might just find that elusive cryptocurrency that you believe will break the $1000 barrier soon. The app is compatible with devices running Android 4.1 and up. The app is free to download and has no in-app purchases or ads.

CoinDesk

This is a very simple application. Although the name makes it sound complex, it simply lets you get the latest information on Bitcoin and other cryptocurrencies while also keeping you updated on their value ever so often. You can even set the app to send you notifications when the price reaches or crosses a certain threshold. This is a very useful feature to have on board considering how valuable time is in the world of cryptocurrencies sometimes. The app is simple to use and the user interface is fresh and easy to navigate. The app also has a dedicated Ethereum page if you’re invested in that currency as well. Sadly, no other cryptocurrency is supported by the app although that could change fairly soon. CoinDesk is one of the top blockchain news provider, and its app lives up to the name. It’s free to download on the Play Store and doesn’t have ads or in-app purchases.

Want to streamline your Bitcoin tax calculations?

Looking for a better way to track your crypto portfolio value live?

We recommend CoinTracking

5 Best Live Bitcoin Price Apps in 2019

Bitcoin is a wildly fluctuating cryptocurrency with ups and downs often spanning thousands of dollars. As any successful Bitcoin investor would tell you, these fluctuations in price can be a blessing in disguise if you can react to them quickly enough. In this article, we present to you top 5 best live Bitcoin price apps in 2018 that you can use to get real-time cryptocurrency market data anytime and anywhere, so you can outsmart the market and make a profit.

Bitcoin Clock -Live Price Checker

If you just want to know the current price of Bitcoin without all the fancy charts, this is the most straight forward app you will find.  The app displays the live Bitcoin price in large texts across the screen of your device.  The best way to use the app is to have it sit on your office desk and showing the live Bitcoin price throughout your work day.  No more opening apps and constantly refreshing your phone to see if Bitcoin has mooned.

Have you ever woke up in the middle of the night wondering what’s the price of Bitcoin?  Turn your phone or tablet into a Bitcoin clock with this app.  The night mode option displays the live Bitcoin price in an ambient low light text, perfect for darker rooms.  Fire up the app before you sleep and place the phone on your night stand, you will never miss the live Bitcoin price again.
Download Bitcoin Clock App

CoinCap.io

CoinCap.io is finally available to Android users, offering all the features that have made it so popular on iOS and several improvements and extras to boot. With CoinCap.io, you can browse through real-time cryptocurrency market data and create your personal cryptocurrency portfolios, which CoinCap.io calls Altfolios.

You can create up to three Altfolios to compare different investment routes. The app supports customizable push notifications to instantly alert you of price highs and lows, and you can even share price information on social media to give your friends and family a heads up.

Because CoinCap.io integrates ShapeShift, a leading instant digital asset exchange with support for the trading of a variety of digital assets via web and mobile platforms, you don’t even have to leave the app to act on your investment decisions. But don’t worry: you can protect your CoinCap.io app with a PIN code or fingerprint identification to ensure that other people won’t be able to play with your cryptographic funds.

Coin Market Cap

Coin Market Cap is an authoritative provider of cryptocurrency market cap rankings, charts, and other useful information that no serious Bitcoin investor can be without. Coin Market Cap’s official Android app tracks the behavior of around 1,500 cryptocurrencies and 8,000 markets, displaying zoomable charts for each.

Coin Market Cap allows you to set up price alerts for your favorite coins, search coins by name, receive daily notifications about important cryptocurrency news, and more. The developers would like to add support for customizable cryptocurrency portfolio with a future update, and they encourage the users of the app to tell them what other improvements they would like to see added to the official Android app of Coin Market Cap.

CoinPaper

Relying on data from CryptoCompare, a provider of the latest pricing data in the world of cryptocurrencies, CoinPaper is a very clever live wallpaper that displays the current prices of Bitcoin, Ethereum, and Litecoin in the form of an easy-to-read graph that’s automatically refreshed every minute. CoinPaper is perfect for those who have invested in Bitcoin with a long-term goal in mind and are thus less concerned with daily price fluctuations and more concerned with weekly and monthly trends.

Coinbase

Coinbase is the most recommended digital currency exchange in the English-speaking world, and its polished Android app works great for tracking the price movements of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

Coinbase was founded in 2011, and it currently has over 13 million users spread across 190 countries. Its popularity can be largely attributed to the fact that Coinbase is a one-stop-shop for Bitcoin, allowing its users to purchase bitcoins for fiat, store their digital assets in an online wallet, and trade on its professional trading exchange service, Global Digital Asset Exchange (GDAX).

The Coinbase mobile app has been designed from the ground up to make cryptocurrency trading accessible, featuring an integrated and highly secure wallet with multisig support, the ability to set up price alerts, and the ability to track the real-time and historical price of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. For maximum security, you can protect the app with a PIN code or remotely disable it from the web.

Binance

With over 6 million active users, Binance is the largest cryptocurrency exchange in the world by trading volume. It’s only natural for an exchange of this size to have its own mobile app. The Binance app for Android stands out from the rest because it’s useful not only for people who use Binance as an exchange but also for those who only want to monitor cryptocurrency price movements.

Compared to Coinbase, trading cryptocurrencies and monitoring price movements using the Binance app can seem a bit more complicated because the app doesn’t exactly have the best user interface in the world. It also crashes from time to time without warning, which can be nerve-wrecking considering how rapidly cryptocurrency prices fluctuate. The good news is that the developers are aware of these issues and are working hard to fix them.

Interested in investing in Bitcoins or other Altcoins?

Here’s how we buy Bitcoin and Ethers. You will receive $10 of FREE BITCOIN when you buy or sell over $100 worth of any digital currency.