Topic: Is it possible to claim BCC in Coins.ph wallet? (Read 1535 times)

They have already an update regarding that matter https://coins.ph/blog/bitcoin-cash-update/

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It seems that they are going to pay their users with bitcoin instead of BCH. So for those users that are hoping they want to get their BCH, it will be automatically converted into bitcoin.

If you were holding before the fork I am sure they must have mentioned it to you whether they will give out BCC or not. However, note that you are not required to have BCC if you deposited after the fork. You should have moved your funds to where you had more control of your wallet since it was written all over the walls of this thread on how to play safe before the fork.

I just want to know if coins.ph wallet can give BCC for free if you are holding BTC?
I since in some exchange site are giving bcc if you are holding your bitcoins there..
I just confused is it free or do i need to exchange btc to bcc?

Yes coins.ph will give BCH shares to their respective users.

The date of distribution is not yet announced. As far as the most question is being arised in their Facebook page, you will just have your BCH shares if there is bitcoin in BITCOIN WALLET and NOT on PESO WALLET.

After careful consideration, we have decided to convert the BCC created during the fork to BTC, and credit the corresponding amount of BTC to customers who held BTC in their Coins.ph wallet at the time of block 478,558 (August 1st 9:16 pm Philippines time, the time the fork occurred). 

As per the date of their posting, the timestamp is Aug 10, So we can safely assume that by Sept 10 Philippine Time, we should have been getting updates from them on how we can claim BCH. Sadly, I think I don't have big funds in coins.ph and I moved it somewhere. Because initially says that they are not supporting BCH in the beginning but suddenly made a U-turn after seeing that other Exchanges that also initially said that they are not supporting it change their stance. I think I only have like dust amounts in there. LOL. But free is free so I might as well get it. Yes, fellow Pinoys, let stay positive and I'm sure that they will honor everything they have said in their blog.

That's a good news for those that didn't sent nor transferred their bitcoins to a desktop wallet. Although it's just the same that you can import your private keys and get BCH in return. But for those that aren't expecting that they will be credited, hoping for a positive response from them guys. More positive energy needed.

If you did read on the blog.This is the thing that they said
They are giving bch to those users who do have bitcoin on those earlier times before on august 1 fork. at the time of block 478,558 (August 1 9:16 pm Philippines time, the time the fork occurred).

As being said on the blog and as you said it would really be a unexpected surprise.

I have no bitcoins on coins.ph and when did they tried to say that? Is it close that 30 days is near to pass? There will be a chance that they will grant their users for their appropriate BCH's but it's better that you don't expect anymore. So whenever coins.ph granted you guys, that will be the unexpected surprise.

We cant still be sure since they do mention on their blog that they are still processing this request of their users on which the 30 day period isn't still over yet:

As been said:

We expect to complete our technical feasibility review within the next 30 days. This timeline will allow us to conduct a thorough technical and security evaluation of handling BCC as a currency. Once a final decision on a course of action has been reached we will provide an update.

So there would be the chance that it will be granted or be given those bcc for those users.

They are just giving you some false hope guys, they don't really want to give you your BCH's and don't ask for more with it. As their statement said that they will be supporting the bitcoin legacy (original) as it gets the most support. But if ever they had change their minds to support BCH or by just distributing it to their users, well it's good.

Hmm I do not think that we will be given a chance to have BCC in the wallet that we are using. It is so sad that they will not going to have the same thing as bittrex and any other wallets did during the split. 

We would like to provide an update to Coins.ph customers regarding Bitcoin Cash (BCC).  Prior to the recent Bitcoin network fork, we informed our customers that we had no plans to support BCC, and anyone wishing to receive BCC needed to move their BTC out of their Coins.ph wallet ahead of the fork.

Given the results of the BCC fork and the financial value it now represents, we are now exploring several different approaches for handling the forked BCC value.  As of now, we are evaluating two primary possibilities:

Adding BCC support and crediting customers wallets in BCC according to the amount of BTC held in the wallet at the time of block 478,558 (August 1 9:16 pm Philippines time, the time the fork occurred).
Converting BCC created during the fork to BTC, and crediting the respective customer accounts based on the corresponding amount of BTC held at the time of the fork (net of any costs we incur for the conversion and transfer).
We expect to complete our technical feasibility review within the next 30 days. This timeline will allow us to conduct a thorough technical and security evaluation of handling BCC as a currency. Once a final decision on a course of action has been reached we will provide an update.

We remain committed to looking after the best interests of our customers, and appreciate your patience as we ensure that we take the responsible, secure route for handling your funds.

 

Best,

The Coins.ph Team   

Update from coins.ph:

https://l.facebook.com/l.php?u=https%3A%2F%2Fcoins.ph%2Fblog%2Fpost-fork-bitcoin-cash-announcement%2F&h=ATMeUUC-Y2yrHk_DSChUh6JB9tTm6NQsH_vWtaeQKLAyc5sucswRpdzcH-IPGt45cPzImsiq5RPMqeo1shAfd-8u7q3LQp_KWkdTQhlZCHxaTQ2olkDdrBy6w8VMF6M5WgnWfTl5fSLU_6Q


seems like they would give out those Bcc from its users on the time that bitcoins which are on the wallet on those times.

Update from coins.ph:

https://l.facebook.com/l.php?u=https%3A%2F%2Fcoins.ph%2Fblog%2Fpost-fork-bitcoin-cash-announcement%2F&h=ATMeUUC-Y2yrHk_DSChUh6JB9tTm6NQsH_vWtaeQKLAyc5sucswRpdzcH-IPGt45cPzImsiq5RPMqeo1shAfd-8u7q3LQp_KWkdTQhlZCHxaTQ2olkDdrBy6w8VMF6M5WgnWfTl5fSLU_6Q


seems like they would give out those Bcc from its users on the time that bitcoins which are on the wallet on those times.