What is the process of receiving Litecoin Cash after a hard fork on Coinbase?
Nurbolat KalymzhanovNov 26, 2021 · 3 years ago3 answers
Can you explain the step-by-step process of receiving Litecoin Cash after a hard fork on Coinbase? I'm not sure how to go about it and would appreciate some guidance.
3 answers
- Nov 26, 2021 · 3 years agoSure! Here's a step-by-step guide to receiving Litecoin Cash after a hard fork on Coinbase: 1. Make sure you have a Coinbase account and that it supports Litecoin. 2. Check if Coinbase has announced support for the Litecoin Cash hard fork. If they have, you're in luck! 3. If Coinbase supports the hard fork, they will automatically credit your account with the equivalent amount of Litecoin Cash based on your Litecoin holdings at the time of the fork. 4. You can then access your Litecoin Cash by logging into your Coinbase account and navigating to the 'Accounts' tab. Look for the Litecoin Cash wallet and you should see your balance there. 5. From there, you can choose to hold your Litecoin Cash, trade it on a supported exchange, or transfer it to an external wallet for safekeeping. Remember, it's always a good idea to do your own research and stay updated with official announcements from Coinbase to ensure a smooth process.
- Nov 26, 2021 · 3 years agoReceiving Litecoin Cash after a hard fork on Coinbase is a fairly straightforward process. Once Coinbase announces support for the hard fork, they will automatically credit your account with the equivalent amount of Litecoin Cash based on your Litecoin holdings at the time of the fork. You can then access your Litecoin Cash by logging into your Coinbase account and navigating to the 'Accounts' tab. Look for the Litecoin Cash wallet and you should see your balance there. From there, you can choose to hold your Litecoin Cash, trade it on a supported exchange, or transfer it to an external wallet for safekeeping.
- Nov 26, 2021 · 3 years agoAfter a hard fork on Coinbase, the process of receiving Litecoin Cash is quite simple. Coinbase will automatically credit your account with the equivalent amount of Litecoin Cash based on your Litecoin holdings at the time of the fork. To access your Litecoin Cash, log into your Coinbase account and go to the 'Accounts' tab. Look for the Litecoin Cash wallet and you should see your balance there. You can then decide whether to hold, trade, or transfer your Litecoin Cash as you wish. If you have any further questions, feel free to ask!
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