Bitcoin Cash is now available

Team Luno
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2 minute read

Last month we announced that more cryptocurrencies would be coming to Luno. Today, we're happy to share that Bitcoin Cash (BCH) is now available on our Exchange.

bch announcement

Overview of Bitcoin Cash

Bitcoin Cash (BCH) is a cryptocurrency that launched in August 2017 as a result of a fork (a community-activated update to the protocol or code) from the Bitcoin blockchain. The purpose of the fork was to increase the block size so more transactions could be processed per block.

The Bitcoin Cash community is focused on facilitating everyday transactions so that they’re cheaper and faster. It’s designed to be used as digital cash for everyday purposes and to compete with payments giants like PayPal and Visa.

Getting started with Bitcoin Cash on Luno

We’ve delved further into this in our Learning Portal:

What is Bitcoin Cash?
Where did Bitcoin Cash come from?
How does Bitcoin Cash compare with Bitcoin?

How do I get Bitcoin Cash on Luno?

Bitcoin Cash is available for trade on our Exchange.

Read more about how the Luno Exchange works.

Note: To be able to buy and sell Bitcoin Cash through the app, you’ll need to switch to the Exchange view. You can do this in your profile settings.

Read more about how to toggle to Exchange view.

How do I get a Bitcoin Cash wallet?

There are two ways to create a Bitcoin Cash (BCH) wallet.

  1. When you select your BCH trading pair on our Exchange, and place an order, a new BCH wallet will automatically be created for you, which will be used to store your newly traded BCH.
  2. Another way to create a BCH wallet is by manually adding it to your account.

Read more about how to set up your Bitcoin Cash wallet.

Can I send BCH to Luno?

You can send BCH to and from Luno the same way you send other cryptocurrencies through Luno. Just provide the sender with either your BCH receive address or your QR code. You can find these under Receive in your BCH wallet under Wallets on the menu bar.

Learn more about how to send and receive Bitcoin Cash with Luno.

Bitcoin Cash Support

Our team is ready to help with any queries you may have. Feel free to reach out to us on Twitter or create a support ticket.

Where can I find the Bitcoin Cash community?

When are you adding ‘X’ coin to Luno?

It’s an exciting time for the crypto community and we expect it will only get better from here. While we’ve added BCH to our Exchange, we’ve also been working on some other exciting developments for you. #WatchThisSpace

Follow us on Twitter to be the first to know, and as always: To the moon!

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @lunomoney.

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