Coinbase Pro

Bitcoin SV FAQ

Update August 3, 2017

On July 24, the Bitcoin SV network underwent a protocol upgrade. We temporarily paused BSV withdrawals at approximately 12:01AM PST July 24, and will re-enable withdrawals once we have determined the upgrade is stable.

To maintain access to your funds during the upgrade, please withdraw BSV before July 24. At this point, we have no plans to offer trading support for Bitcoin SV.

What is Bitcoin SV?

Twice a year, the Bitcoin Cash (BCH) network hard forks as part of scheduled protocol upgrades. Unlike previous BCH hard forks, there was a competing proposal that was not compatible with the published roadmap. On November 15th, both groups started creating blocks in their respective, separate blockchains. Bitcoin SV (BSV) was created as a result of that split. 

When did this fork occur?

The fork occurred on November 15th, 2018, at block number #556766.

How much BSV have I been credited?

The amount of BSV that you have received is the same amount of BCH that you held in your Coinbase account at the time of the fork.

Will we get both BCH ABC and BSV?

BCH ABC retained the designation of BCH on Coinbase. If you had a BCH balance in your Coinbase account at the time of the fork, your BCH balance will remain the same.

Is Coinbase going to support BSV?

We do not currently intend to support trades, buys, or sells of BSV on the Coinbase platform.

We also do not currently support deposits and any deposit into a BCH address or a BSV address from a previous BSV send will not be supported.

How can I withdraw my BSV?

You can go to your Accounts page and use the withdraw functionality in your BSV Wallet to withdraw. If you had a BSV Balance in Coinbase Pro or Prime, you will need to log in to Coinbase with your Pro/Prime credentials to withdraw your balance.

When will I be able to withdraw my BSV?

We anticipate development work for BSV withdrawals will take at least a few weeks, but may take longer. We will communicate directly with customers that held BCH on Coinbase at the time of the fork and notify them when we complete this work and they can withdraw BSV.

My BCH purchase was pending during the fork. Do I get BSV for that amount?

If your purchase was in pending during the fork, you will not receive the BSV for that amount. 

For more information on Bitcoin SV, please visit our What to Expect During the Bitcoin Cash Hard Fork blog post.

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