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Topic: Is it possible to claim BCC in Coins.ph wallet? (Read 1500 times)

hero member
Activity: 924
Merit: 1001
September 26, 2017, 07:53:27 PM
#34
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?
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.

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



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.
I already been ask for their support and they are not supporting bitcoin cash.. so even i am holding huge amount there before the fork we can not get any bitcoin cash in their wallet..
they said if i wanted to get bitcoin cash should need to transfer first my bitcoin to other wallet like electrum so that after splitting  i can get the bitcoin cash for free..

Thanks for the reply and hope you are not posting again the same as other post..
hero member
Activity: 1190
Merit: 504
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?
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.

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



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.
full member
Activity: 406
Merit: 101
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?
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.
legendary
Activity: 3080
Merit: 1353
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.

Good news for all fellow Pinoy bitcoiners out there. I just checked their blog today and I see this wonderful news. They have finally decided to convert BCH to BTC. Within 24 hours according to the blog.

Quote
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). 

https://coins.ph/blog/bitcoin-cash-update/

Again, although I got dust amounts of bitcoin in coins.ph, I will gladly take this free coins. LOL. They also say within 24 hours from the time they dump BCH. So expect the price of BCH to go down at least after their fully dump everything and give it back to their customers.
legendary
Activity: 2436
Merit: 1008
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.
hero member
Activity: 840
Merit: 501
Strength in Numbers
Congratulations to those who have bitcoin on their coins.ph wallets on (August 1st 9:16 pm Philippines time, the time the fork occurred)

Read coins.ph update about claiming your Bitcoin cash - https://coins.ph/blog/bitcoin-cash-update/
hero member
Activity: 2926
Merit: 722
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.  Undecided

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.
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.

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.
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.



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.

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.
I'm waiting for that day too since it would be the 30 day period that they do mention on their blog.Im keeping my eye on any new updates regarding on claiming BCH. Hopefully I can get my free coins since I do have have some good amounts of bitcoin before on that August 1 event same as you said it might not be much but free is free and should really be claimed since its money after all.
hero member
Activity: 2842
Merit: 625
Few more days for the people that got bitcoins on their wallet when the fork happened.

If there's no response or any statement coming from them, it clearly says no BCH distribution.

They will be the ones to use and take profit on it.
legendary
Activity: 3080
Merit: 1353
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.  Undecided

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.
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.

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.
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.



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.

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.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
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.  Undecided

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.
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.

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.
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.



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.
hero member
Activity: 2926
Merit: 722
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.  Undecided

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.
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.

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.
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.

hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
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.  Undecided

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.
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.

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.
hero member
Activity: 2926
Merit: 722
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.  Undecided

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.
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.
hero member
Activity: 2968
Merit: 600
Eloncoin.org - Mars, here we come!
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.  Undecided

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.
sr. member
Activity: 672
Merit: 251
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.  Undecided
full member
Activity: 318
Merit: 100
Not all online exchange supports BCH or BCC and coin.ph and poloniex falls into that category however poloniex have supported BCH and i think coin.ph will do likewise.
legendary
Activity: 3080
Merit: 1353
Coins.ph already updated their blogs. Did you guys haven't read it?

So at least they are now acknowledging BCC and they are now thinking of giving us option to claim our free coins. They say it will take them 30 days to make the decision on how to determined efforts to deal with BCC. This is a welcome news for us Pinoy, however, I think I only have dust coins there as I have withdraw all of them to a secure wallet before the split. They said 2 options will be provided to us. I guess we have to wait and see if we are going to get BCC or coins.ph will convert it automatically to BTC.

Quote
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   

https://coins.ph/blog/post-fork-bitcoin-cash-announcement/
legendary
Activity: 1638
Merit: 1046
What do you think about coins.ph you think they use their funds or bitcoin address to claim their own bcc???
Since they are not support bitcoin cash according to their announcement or blog i think they are getting the benefits of claiming bitcoin cash..
Well since we do not know what actually they are doing behind the business maybe they are claiming some bcc just to sell and gaining more profit ..
legendary
Activity: 3542
Merit: 1352
Cashback 15%

I've spoken to one of their reps and it seems that they're still thinking about it. I have withdrawn all my bitcoins on the site before August 1 and moved it to Bittrex. Made a hefty profit because of that too. And if they're gonna give out the potential BCH tokens during the fork, I wonder how would that be possible on their platform knowing that they don't have BCH wallets integrated.
hero member
Activity: 490
Merit: 501

Coins.Ph is now the leading Bitcoin wallet specifically serving the members mostly based in the Philippines. I am a member too and this is actually my first Bitcoin wallet and this remains to be so popular even if Abra is also competing with less fees and promising less hassles.

Now, with this announcement I would say that this is a big good news to many members of Coins.Ph. As for me, I transferred my Bitcoin from Coins.ph to my Bittrex account because I understand that Coins.Ph is not supportive of Bitcoincash and according to their updates they might not be able to distribute BCH.

And with this turnaround, many members would then be happy. We should note that NOT releasing BCH to the members can be a daylight robbery since the wallet has received them accordingly so they should be distributed in a fair and right manner.
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