| spurgeonryan said: I bought it a while back, it is All veryy confusing. Wish the bubble would crash so I can buy more. |
You know if you bought it before August 1st? If so then you have equal amount of coins (or percentage of a coin) of Bitcoin Cash. Only drawback is if you are just using a sites wallet then you would have to contact the site asking about what they plan to do with the Bitcoin Cash coins.
If I own Bitcoin, do I automatically own Bitcoin Cash too?
Anyone who held Bitcoin at the time Bitcoin Cash was created became owners of Bitcoin Cash. This means that Bitcoin holders as of block 478558 (August 1st, 2017 about 13:16 UTC) have the same amount of Bitcoin Cash as they had Bitcoin at that time. If your Bitcoins are stored by a third party such as an exchange, then you must inquire with them about your Bitcoin Cash.
Any transactions after the August 1st ledger split are completely separate between Bitcoin and Bitcoin Cash. This means any Bitcoin acquired after the split does not include any Bitcoin Cash, and any Bitcoin Cash does not include any Bitcoin.
Apparently if you were on a legit exchange then they should have done the process for you. If you just have a personal wallet then you have to go through some steps covered on this page. Seems a little confusing but probably not too hard if you follow the directions.
https://99bitcoins.com/how-to-claim-buy-bitcoin-cash-guide/
