BlockTrades adds support for Bitcoin Cash
Bitcoin Cash was most requested coin on BlockTrades
We’re celebrating the new year by adding support for the coin most requested by our customers: Bitcoin Cash (BCH). Note that some exchanges use BCC as the symbol instead of BCH.
In addition to supporting regular buying and selling of BCH, customers will also be able to purchase Steem accounts with BCH.
Why the wait and why now?
We waited a long time before rolling out support for Bitcoin Cash because the address formats used by Bitcoin and Bitcoin Cash are the same, which means it's easy for a customer to accidentally send Bitcoin to a Bitcoin Cash address and vice-versa, which causes a headache for both us and our customers.
But today is "Change the Address" day for Bitcoin Cash. The latest wallets for Bitcoin Cash support a new address format that is specific to Bitcoin Cash to avoid confusing Bitcoin Cash and Bitcoin addresses. Here's an example of what a BCH-specific address looks like:
bitcoincash:qpm2qsznhks23z7629mms6s4cwef74vcwvy22gdx6a
Usage of new Bitcoin Cash addresses
BlockTrades will allow BCH to be sent using both the new BCH-specific addresses or the old-style addresses, but the deposit addresses generated for users paying us with BCH will only be generated in the new format. If you need to send BCH to us from an exchange that doesn't support the new format, you can use this conversion tool:
https://cashaddr.bitcoincash.org/
Cheaper transaction fees than Bitcoin
One useful aspect of Bitcoin Cash is that transaction fees are cheap relative to Bitcoin, and Bitcoin Cash is supported at many exchanges that support Bitcoin, making it a useful intermediate coin (like Litecoin, Ethereum, and Doge) for going to and from fiat currencies.
More Info on Bitcoin Cash
For more information about Bitcoin Cash, including how to obtain a BCH wallet, check out the community home page here: https://www.bitcoincash.org/
The wikipedia page for Bitcoin Cash also has some useful information about it (I like to include a less biased source of info when possible): https://en.wikipedia.org/wiki/Bitcoin_Cash
Also, please feel free to share your own thoughts about Bitcoin Cash with our other customers in the comments section of this post!
P.S. All delegations pre-orders filled this morning
As per our last announcement, today we've filled all outstanding pre-orders for Steem Power delegations. Please do not email us asking when we will resume offering new delegations: we will make a public announcement when they are available again (when we ourselves know).
When i last renewed my sp lease then i saw that 20% discout the current price and after discount the price showed me 30sp/1 steem for 30 days. but when i took the lease the price was 37sp/1 steem for 30 days. can i know the blocktrades increase the lease price and the current price is 25sp/ 1 steem for 30 days ? i think this is so high rate @blocktrades
You're the product. Not the customer.
Yeah that is a great addition, I would look at adding Monero XMR next, as that is the best "anonymous" trading currency in my opinion.
I agree, i'm in love with Monero!
Excellent! I've been hoping to see BCH support through Blocktrades. I've been having great success using BCH as opposed to BTC.
Thank You Thank You Thank You!!!
Nice job @blocktrades....Next on the list is to add NEO please.
How is going with delegation power? when we will see a new portion of power ?
Thanks for adding bitcoin cash I saw it earlier but it has disappeared! What happened to it? Steem On @blocktrades has always been my number one source to exchange . Lightning fast speed all the time!
It's back now, we had a config setting wrong.
@blocktrades thanks so much . Can’t believe it’s almost 2 years since I start trading on your site and I use the panic and have to call Dan he was always extremely patient and got things done quickly thanks Dan
@blocktrades did you have the chance to see my comment about 30 or 35 threads below. Looking forward to your thoughts!
I posted Chapter 7 yesterday and had a big mention for you!
--
Chapter 7 of 11: Learning "When and How to use Voting bots to upvote Quality Posts that you would like to be reached by more people - & how Cheetah bots help avoid Plagiarism"
https://steemit.com/promo-steem/@gold84/chapter-7-of-11-learning-when-and-how-to-use-voting-bots-to-upvote-quality-posts-that-you-would-like-to-be-reached-by-more
--
Regards, @gold84
I have come to you at 22.191sb, please do not come to Urdu bit please
I sent to you 22.191sbd 2 hour ago please do not come to Urdubit plz help me I am new on steemit plz help me
Thanks for the good news! It's another great option. I just hope the fees will be much lower. I tried other exchanges because of the high transaction fee.
I sell Steem to Dogecoin via BlockTrades and Coinpot.co to SAVE fees. We can convert Dogecoin to BTC/BCH/DASH/LTC and transfer 0.002 or more BTC to external wallets for free. Sometimes Processing takes more than 48 hours but at least it's FREE. :)
Thays good, with more coins listed on @blocktrades more people can buy steem
SO very true , but just as a reminder do you have enough Steem so that you are set if this goes viral to the moon ?
Well TBH, you should buy BitShares, they were around 90 cents and now around 50!
Thanks for the tip with all the hours I put into my blog I haven't had time to check. If this is still accurate more BTS for this woman :)
Let's see if Bitcoin Gold will be accepted :)
Here's my analysis on BTG:
Bitcoin Gold (BTG) - Analysis (162% POTENTIAL PROFIT) — Steemit https://steemit.com/bitcoin/@benkalashnikov/bitcoin-gold-btg-analysis-176-potential-profit
Don't worry! it will be topper, make a market leader very soon, carry to @blocktrades
i hope you right
Yeah! that's the valid point @th1bkfast 😊
yeh it's good !!!!!! like that
love blocktrades, so easy to use and quick!
Good buy trade on this penny crypto
source
https://steemit.com/altcoins/@salahuddin2004/5qquhb-loopring-will-loop-out-to-usd-3-06
great. I love Bitcoin cash because of its extremely low fees and fast confirmation as compared to ass bitcoin
Tell Roger we say hello 🤨
Just joking friend 👍
Most requested ? Hmm.
That's strange in world where BCH is rather tanking a lot and everybody is into the likes of NEO and Ripple - so I'm wondering who requested it, Roger Ver ?
BCH is really gaining a big popularity in a very short time and surpasses lots of Classical coins.
I am glad anyway that Blocktrades ads it so It will go on with the maximum possible and I hope lots of BCH Holders will get it in and buy Steem why not joining Steemit and let us know their thoughts here.
This post is awesome.
Keep it up for the best.
I am cashing out of Bitcoin and going BCH exclusively. $40 transaction fees are an insult.
If BCH were dealing with the volute BTC is dealing with...... eh nevermind...
Oh yay... this is great. Earlier, I had to change send steem to @blocktrades for LTC into coinbase before I change to BCH there. Now, direct steem/sbd saves time and fees hopefully 😎