CoinSpot supports Cash addresses. If another exchange does not support withdrawals with your CoinSpot Cash address, you will be able to deposit by converting your CoinSpot Cash address to a Legacy Address. Your BCH will arrive at your Cash address even if sent to the converted Legacy format.
Address format changes were implemented to stop holders of Bitcoin Cash (BCH) sending Bitcoin (BTC) to non supporting wallets. Any Bitcoin Cash wallet can send funds to the new address format by converting the Cash Address to a Legacy address using a conversion tool.
As an example, if your Cash address is as below:
Figure 1. Converting BCH q Address - (Example - BCH q address)
The Legacy format of the address is as below:
*Example address - do not send to this address
Figure 2. Converting BCH q Address - (Example - BCH Legacy Address)
Converting BCH Cash Address (q Address) to Legacy Address
1. To convert your address, please visit the BTC.com Address Conversion tool.
2. Firstly enter the Cash Address or q address in the search bar and click 'Address Converter'.
Figure 3. Converting BCH q Address - (Address Conversion Tool)
3. The conversion tool will enable you to see both the Legacy and Cash Address (CashAddr) formats of your CoinSpot address.
Figure 4. Converting BCH q Address - (Address Converted Example)
4. It is strongly recommended that you verify the conversion was correct by converting your address using a second tool.
Below are some further conversion tools that allow you to convert Bitcoin Cash addresses between Legacy and CashAddr formats.
As with all deposits, to be more prudent, you can send a small amount as a test to the address in order to ensure you receive your funds in the receiving wallet.
Need more help?
Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new
or start a conversation with us via Live Chat and our team will provide full instructions and advice.
Comments
0 comments
Please sign in to leave a comment.