What happens if I send bitcoin cash to a bitcoin address?

Posted on by Author

What happens if I send bitcoin cash to a bitcoin address?

Bitcoin (BTC) and Bitcoin Cash (BCH) are two entirely separate cryptocurrencies and they operate on two entirely separate blockchains. This means that Bitcoin Cash (BCH) sent to an address on the Bitcoin (BTC) blockchain will never appear nor be present on the Bitcoin blockchain.

What happens if I send bitcoin to the wrong address?

If you mistakenly send Bitcoin or another cryptocurrency to a wrong address, whatever the reason, the cryptocurrency will remain in the receiving wallet until someone with control over the private keys or log in information of that wallet send the money out.

READ:   How can I know that which network is best in my area?

Can you receive bitcoin by mistake?

Bitcoin payments are irreversible A Bitcoin transaction cannot be reversed, it can only be refunded by the person receiving the funds. Bitcoin can detect typos and usually won’t let you send money to an invalid address by mistake, but it’s best to have controls in place for additional safety and redundancy.

Can you cancel a bitcoin transfer?

Due to the nature of digital currency protocols, transactions cannot be cancelled or altered once they are initiated. This is what allows merchants to accept digital currency without the risk of chargebacks.

Can you recover crypto sent to wrong address?

While Coinbase Wallet gives you complete custodian control over your digital assets, this also means that we’re not able to recover any funds sent or received to an incorrect address. We strongly suggest that you double check addresses before sending or receiving crypto through Wallet.

How do I recover my Ethereum sent to the wrong address?

Access Your Account

  1. With the ETH Recovery app open on your Ledger device, open MyCrypto in your browser, or open the desktop application.
  2. Make sure you are connected to the network of the asset you want to recover.
  3. Connect to your Ledger device in MyCrypto.
  4. Your address likely won’t show up at first.
READ:   What is the cost of 1 gram of Kesar?

How do I get my Bitcoin back from Bitcoin Cash?

If you do not have access to the private key for the Bitcoin Cash address then you must contact the person who does and ask them if they can import the private key into a Bitcoin wallet and send you the Bitcoin back. Note that if it is a service that you accidentally sent the Bitcoin to that it is you may not be able to recover the coins.

Why doesn’t Bitcoin Cash appear on the bitcoin blockchain?

Since both these coins operate on two separate blockchains; Bitcoins sent to an address on the Bitcoin cash blockchain will never appear on Bitcoin cash blockchain. Likewise Bitcoin cash sent to an address on Bitcoin blockchain will never appear on Bitcoin blockchain.

What happens if you accidentally send your bitcoin to the wrong address?

If someone accidentally sends their coins to an address for which they do not own private keys then the coins are basically lost. Bitcoin is owned by those who have control to the private keys.

READ:   What merit badges have been discontinued?

What happens if I send coin other than BTC?

Sending coin or token other than BTC to this address may result in loss of your deposit. So as a general rule, when you are sending Bitcoin or Bitcoin cash or basically any altcoins.