Cryptocurrency Q&A Is Bitcoin SV not supported by Coinbase?

Is Bitcoin SV not supported by Coinbase?

LightningStrike LightningStrike Mon Jun 17 2024 | 5 answers 796
I'm just wondering, could you clarify something for me? I've noticed that some cryptocurrencies are not available on all exchanges. So, is it the case that Coinbase does not support Bitcoin SV? I'm a bit confused about this matter, as I've heard different opinions from different sources. Could you please give me a clear answer on whether or not Coinbase supports Bitcoin SV? Thank you in advance for your clarification. Is Bitcoin SV not supported by Coinbase?

5 answers

henry_miller_astronomer henry_miller_astronomer Wed Jun 19 2024
Coinbase (COIN), a leading cryptocurrency exchange, has issued a notice to its users regarding the upcoming removal of Bitcoin SV support. The notice urges users to take action promptly to avoid any potential losses.

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ethan_thompson_psychologist ethan_thompson_psychologist Wed Jun 19 2024
According to the notice, users have until January 9 to withdraw their Bitcoin SV tokens from the platform. Failure to do so by the deadline may result in the tokens being liquidated, a process that converts the assets into cash or other liquid assets.

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Claudio Claudio Wed Jun 19 2024
The crypto exchange, once having Bitcoin SV (BSV) listed, made a decision in 2021 to delist the token. This move reflected the exchange's evolving strategy and evolving market conditions. The decision was well-received by many in the crypto community, who saw it as a step towards ensuring the integrity and stability of the platform.

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BitcoinBaroness BitcoinBaroness Wed Jun 19 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions. The exchange has built a reputation for reliability and innovation in the crypto space. Its services cater to a diverse range of users, from retail investors to institutional traders.

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Riccardo Riccardo Wed Jun 19 2024
Now, the exchange has announced a more decisive action: a complete removal of support for Bitcoin SV. This means that users will no longer be able to trade or hold the token on the platform. The decision underscores the exchange's commitment to maintaining a secure and trusted environment for its users.

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