XAPO are now allowing people to withdraw their bitcoincash

[alyssa85]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

[13abyknight]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

It was time that they finally made a stance on Bitcoin Cash and the best part is that everyone who had coins can make a choice to instantly get some quick cash by selling the BCH or holding onto them. Took them long enough to push this move but I'm happy more exchanges are not turning out to eat the BCH they acquired during the hard fork.

[alyssa85]

It was time that they finally made a stance on Bitcoin Cash and the best part is that everyone who had coins can make a choice to instantly get some quick cash by selling the BCH or holding onto them. Took them long enough to push this move but I'm happy more exchanges are not turning out to eat the BCH they acquired during the hard fork.

I bet you anything most of their users don't see the blogpost though (they tend to just use the XAPO card and not go to the website much), and don't realise they have just 2 and a half months to get their BCH coins out.

[RGBKey]

It was time that they finally made a stance on Bitcoin Cash and the best part is that everyone who had coins can make a choice to instantly get some quick cash by selling the BCH or holding onto them. Took them long enough to push this move but I'm happy more exchanges are not turning out to eat the BCH they acquired during the hard fork.

I bet you anything most of their users don't see the blogpost though (they tend to just use the XAPO card and not go to the website much), and don't realise they have just 2 and a half months to get their BCH coins out.

It's a smart move from them. Most people won't see it and then they "forfeit" their right to those coins which XAPO then gets to sell.

[alyssa85]

It was time that they finally made a stance on Bitcoin Cash and the best part is that everyone who had coins can make a choice to instantly get some quick cash by selling the BCH or holding onto them. Took them long enough to push this move but I'm happy more exchanges are not turning out to eat the BCH they acquired during the hard fork.

I bet you anything most of their users don't see the blogpost though (they tend to just use the XAPO card and not go to the website much), and don't realise they have just 2 and a half months to get their BCH coins out.

It's a smart move from them. Most people won't see it and then they "forfeit" their right to those coins which XAPO then gets to sell.

I hope people on this forum at least see the news - though most don't bother to look in this particular sub-section. Oh well.

[lite]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

At least they didn't sell user's bch like localbitcoins, they're giving option to the users to sell or withdraw. i wonder why this isn't on cointelegraph or other bitcoin news sites.

[crairezx20]

I think those who lucky are those who holding a huge amount of bitcoin before the fork..
Well i think its not worth it to get my bitcoin cash there because i only have few bitcoins left i think around 0.005 so if i withdraw or exchange the bitcoin cash from xapo its not worth it..
But i think much better to holding them in bitcoin cash wallet maybe bitcoin cash can be burst increase in the future..

[gentlemand]

I bet you anything most of their users don't see the blogpost though (they tend to just use the XAPO card and not go to the website much), and don't realise they have just 2 and a half months to get their BCH coins out.

It's been prominently displayed in the wallet section for quite sometime. You'd have to be pretty dim to miss it.

I got rid of mine there. Wish I'd gotten rid of the rest I have. The only news on the horizon is staggering increases in supply. Coin base will be the big one but xapo is over half a million on its own.

[sunsilk]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

Nice this is a good move for those people that stored a lot of bitcoins at their xapo cold storage account.

I want some more good news on them and that would be the reduction of their fees, that is a better news.

At least they didn't sell user's bch like localbitcoins, they're giving option to the users to sell or withdraw. i wonder why this isn't on cointelegraph or other bitcoin news sites.

Yeah it's good to know that they took care of the BCH's of their customers.

Well i think its not worth it to get my bitcoin cash there because i only have few bitcoins left i think around 0.005 so if i withdraw or exchange the bitcoin cash from xapo its not worth it..

Mine is even lower.

[HCP]

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

It's a smart move from them. Most people won't see it and then they "forfeit" their right to those coins which XAPO then gets to sell.

That's not exactly true... they're simply going to convert them into BTC at the going rate and deposit to your account.

What will happen if I decide to keep my BCH? Will Xapo allow me to operate with Bitcoin Cash?
Xapo will not support BCH in any way after December 14th, 2017. Users will have until that date to decide if they want to sell or withdraw their BCH. If you do nothing with your BCH by that date, then Xapo will automatically sell any remaining BCH balances for BTC and credit the corresponding value in BTC to the customer's wallet.
 
What will happen if I don’t withdraw or sell my Bitcoin Cash by December 14th, 2017?
You will not lose your coins and Xapo will not keep unsold Bitcoin Cash for itself.
 
If we receive no further action from you before this date, your Bitcoin Cash balance will automatically be sold and the value will be added to your Bitcoin wallet.
 
Please note the amount received will reflect the market rate at the time the sale is executed.

TL;DR:
Sell or withdraw your BCH from Xapo before Dec 14, or they'll sell it on your behalf at "market rates" and put the BTC value into your wallet...

[gentlemand]

At least they didn't sell user's bch like localbitcoins, they're giving option to the users to sell or withdraw. i wonder why this isn't on cointelegraph or other bitcoin news sites.

It's a whole let better than Bitmex. Bitmex said either withdraw your bitcoins before the fork if you want bch or we'll keep whatever turns up. Now people are whining about this despite it being clearly stated.

[BigBoy89]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

Ha, I missed that.
I had merely 0.27BTC there at 1 Aug, but still free money are free money

[klf]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

Ha, I missed that.
I had merely 0.27BTC there at 1 Aug, but still free money are free money

I had transferred all my BTC to my desktop wallet and left with few Santoshi in xapo wallet and today they allowed to exchange those few Santoshi as well. No fee for conversion and it is a very simple process to convert.

The time is given for exchange or withdraw is good enough for everyone and also they send emails to all registered accounts so they should know what to do.

[magneto]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

Personally i'd be taking the converting from BCH to BTC route because it's just a hassle to get a BCH wallet, especially if you have no real intentions in using the coin or holding it anyways. Of course that's different if you want to speculate on its price.

Thanks to the people working at Xapo for finally doing this.

Been a long time since 1st August, though. They should have implemented this sooner.

[RGBKey]

TL;DR:
Sell or withdraw your BCH from Xapo before Dec 14, or they'll sell it on your behalf at "market rates" and put the BTC value into your wallet...

Oh, that's not that bad, I thought it meant if you didn't you forfeited your right to the BCH and they just took it. That's really not that bad for a dumb altcoin.

[sunsilk]

At least they didn't sell user's bch like localbitcoins, they're giving option to the users to sell or withdraw. i wonder why this isn't on cointelegraph or other bitcoin news sites.

It's a whole let better than Bitmex. Bitmex said either withdraw your bitcoins before the fork if you want bch or we'll keep whatever turns up. Now people are whining about this despite it being clearly stated.

Yep it's much better than those other exchanges that doesn't have any plans of distributing the BCH's of their customers.

And this is less time consuming for their users as they will automatically send it to the wallet of those people that has bitcoin during the hard fork.

So they do care for their customers.

Ha, I missed that.
I had merely 0.27BTC there at 1 Aug, but still free money are free money

Celebrate! 

[hello_good_sir]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

Well that was a long wait.

I doubt that there will be many people that has any sort of BCH balance on Xapo at all because Xapo did not give out a specific timeline for the events after 1st August and most people withdrew their balances beforehand.

But yeah, kudos to them for making this happen, at least. But they are probably one of the slowest exchanges/wallets to do so.

[timerland]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

I received an email from them this morning as well, it looks like at last they are giving us the opportunity to withdraw our BCH coins when this should have been done at max 2-3 weeks after 1st August when the split happened.

They're probably the second last major bitcoin wallet provider(coinbase is last) to allow BCH withdrawals.

Not impressed by it at all, but at least tehy are allowing it.

[alyssa85]

I got rid of mine there. Wish I'd gotten rid of the rest I have. The only news on the horizon is staggering increases in supply. Coin base will be the big one but xapo is over half a million on its own.

Well yes, there will be a dip in BCH prices as the Xapo coins hit the market, and then again in Jan with Coinbase. But after that it's over. BCH is a good hedge just in case the next fork in Nov damages bitcoin.

[n691309]

See this blogpost:

https://blog.xapo.com/time-to-convert-your-bitcoin-cash-bch/

They're giving people two options a) withdraw the bitcoincash and b) sell the BCH for bitcoin.

But they're setting a deadline of December 14th 2017. If you haven't withdrawn or sold by then, you lose your bitcoincash coins.

It is high time they did that, apparently, they have noticed they have been doing so little in the competition to attract wallet users and a good news for those who had cash back them in their xapo wallet. At least they can sell for a better price now if they want to. They could have given them earlier and sold when the value drastically came down from all the huge dumps. However, what is the point with the deadline?