What are the reasons why Coinbase doesn't allow BTC/BCH pair conversion?

3 answers

• Dec 27, 2021 · 3 years ago
  Coinbase does not allow BTC/BCH pair conversion due to the differences in the underlying technology and the potential risks associated with it. Bitcoin and Bitcoin Cash are two separate cryptocurrencies with different blockchains and protocols. Allowing direct conversion between them could introduce security vulnerabilities and increase the risk of double-spending attacks. Coinbase prioritizes the safety and security of its users' funds, which is why they have chosen not to support this specific pair conversion.
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• Dec 27, 2021 · 3 years ago
  The decision to not support BTC/BCH pair conversion on Coinbase is primarily driven by the company's risk management strategy. By limiting the number of supported trading pairs, Coinbase can better manage the potential risks and ensure a more stable and secure trading environment for its users. This approach allows them to focus on maintaining the integrity of the platform and providing a seamless trading experience for their customers.
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• Dec 27, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Coinbase's decision to not support BTC/BCH pair conversion is in line with industry standards. Many other reputable exchanges also do not offer direct conversion between these two cryptocurrencies. This is mainly due to the differences in their underlying technologies and the potential risks involved. It is important for exchanges to prioritize security and risk management to protect their users' assets. If you are looking to convert BTC to BCH or vice versa, there are other exchanges that support this pair conversion.
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