@TheGuy
Shady Approach Of CeXs Towards Bitcoin Cash I was trying to move my BCH from CeX to Dex and it was showing invalid address, even after using the cash and legacy address. What do they need to do this transaction, probably my house address I think, lol. It's the situation of Houbi Global Exchange, they have even not updated the current name of Bitcoin Cash and are still using BCC not BCH which may confuse new people. I haven't tried sending it on another CeX, maybe that works or it was just a temporary error. Had to try another way to move into the Dex wallet, ah it was kind of frustrating. Such approaches definitely kills customer, better use Dex wallets. Coinbase also stopped BCh services probably they also didn't wanted to update the Bitcoin Cash Node as the transactions of BCH were very slow in that. That was the first wallet I ever used. After using Bitcoin.com, have said no to any other wallets especially to transfer BCH here and there.
4 comments
I once tried it It was so frustrating so I left it
I collect BCH in Faucetpay wallet.And without problems.
But this is not safe, please be careful!
I would suggest to store Cryptocurrencies in decentralised wallet where you get a 12 words seed phrase like Bitcoin.com, Trust Wallet etc. Try searching for difference between centralised and decentralised wallet because, centralised wallets are owned and run by some company and you never know what will happen to them just like what happened to FTX exchange, people lost huge funds there. While decentralised wallets are runned by computers through Blockchain chain code in which no one can assess your funds unless they have the seed phrase.