Exchange old ebtc for new
You're looking to exchange your old Bitcoin Cash (BCH) for the new Bitcoin Cash (BCH) fork, which is now known as Bitcoin Cash ABC (BCHA) or Bitcoin Cash Node (BCN).
Here's a step-by-step guide to help you exchange your old BCH for the new BCHA/BCN:
Step 1: Check your wallet
Make sure you have a Bitcoin Cash (BCH) wallet that supports the fork. If you don't have a BCH wallet, you can create one on a reputable exchange or a self-hosted wallet like Bitcoin.com Wallet or Electron Cash.
Step 2: Check your wallet's fork compatibility
Verify that your wallet is compatible with the fork. Some wallets may not support the fork, so it's essential to check before proceeding.
Step 3: Claim your BCHA/BCN
If your wallet is compatible, you'll need to claim your BCHA/BCN. This process is usually done by sending your BCH to a specific address provided by the wallet or exchange. The address will be used to generate your new BCHA/BCN.
Step 4: Send your BCH to the claim address
Send your BCH to the claim address provided by your wallet or exchange. Make sure to double-check the address to avoid any mistakes.
Step 5: Wait for the fork
Wait for the fork to occur, which is scheduled to happen on November 15, 2020. During this time, your BCH will be converted to BCHA/BCN.
Step 6: Verify your BCHA/BCN balance
After the fork, check your wallet or exchange to verify your new BCHA/BCN balance. You should see your converted BCHA/BCN in your wallet.
Important notes:
- Not all wallets or exchanges support the fork, so it's crucial to check compatibility before proceeding.
- The fork may cause temporary disruptions to your wallet or exchange, so be patient and monitor your account for any updates.
- Some exchanges may not support the new BCHA/BCN, so you may need to withdraw your funds to a self-hosted wallet or another exchange that supports the fork.
Remember to always prioritize security and follow best practices when handling your cryptocurrencies. If you're unsure about any part of the process, consider consulting with a cryptocurrency expert or seeking guidance from your wallet or exchange provider.