Blockchain has now added Bitcoin Cash to digital wallets of Indian users

IANSDec 18, 2017 20:04:37 IST

Digital wallet for cryptocurrencies, Blockchain, on 18 December announced the introduction of Bitcoin Cash to its popular consumer wallet.

A Bitcoin (virtual currency) paper wallet with QR codes. Image: Reuters

Customers who had bitcoin in their blockchain wallets prior to 1 August will automatically see an equal amount of Bitcoin Cash reflected in their accounts, the company said.

New users can get started with Bitcoin Cash by simply trading bitcoin or ether for Bitcoin Cash using the exchange integration.

"We are thrilled to fully support Bitcoin Cash through our wallet and will continue to find ways to make interacting with digital assets even easier across all of India," Nic Cary, President of Blockchain, said in a statement.

Limited support for Bitcoin Cash has been available since October, but customers will now have access to a full suite of options and functionality.

Customers can easily toggle between bitcoin, ether, and Bitcoin Cash to send and exchange funds, safely manage balances and monitor market prices all from one central place.

With the addition of Bitcoin Cash, blockchain is now the largest digital wallet provider for bitcoin, ether and Bitcoin Cash with over 20 million users, the company claimed.

The price of bitcoin rose over 10 percent to 1.99 million yen ($17,594) this month, coinciding with its futures debut on a major US stock exchange.