miasmith
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Can I retrieve lost BCH?

Wed Mar 14, 2018 1:26 pm

Hi,

Hope I am posting this in the right place. So...was given a BTC address to send some money to and was told we could send BCH, so made the transaction only to find out that this can't be done. Is there a way to retrieve the BCH or is it lost forever? Can provide transaction details, etc to anyone who can help.

Thanks in advance.

danvee
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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:13 pm

Ok let me get this straight, you sent BCH to a BTC address right?
whats the transaction id?

miasmith
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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:24 pm

Yeah that's exactly it. Transaction ID is 853a9893257a58597ac072c56ebb4fc1aba34a53ff4ea458894ffa6f572d6ee9

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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:33 pm

Yeah that's exactly it. Transaction ID is 853a9893257a58597ac072c56ebb4fc1aba34a53ff4ea458894ffa6f572d6ee9
Bitcoin Cash (and Bitcoin, sort of, due to the disastrous implementation of Replace-By-Fee) is an irreversible payment system by design, so there is no way to reverse a sent transaction.

If you have sent funds to the wrong address (or have sent BCH to a BTC address), then unfortunately there is likely no way for you to recover them. If you know who controls the address you may have some luck but will need to contact that individual or company and ask them to recover your BCH. They can do this if they control the private key to the BTC address you sent the BCH to, but depending on their wallet setup and willingness to mess around with their private keys they might not help you out with it.

If they're using the Bitcoin.com Wallet, however, it's a trivial matter to recover BCH funds sent to the BTC chain:

https://wallet.enchanthq.com/article/80 ... btc-wallet

miasmith
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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:39 pm

Thanks for the reply. Unfortunately the guy who told us this transaction would be ok turns out to be a scamming little ****, so it's unlikely he'll give us his private key. He uses Blockchain wallet. So, to confirm, I guess we have just lost the BCH forever?

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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:47 pm

Thanks for the reply. Unfortunately the guy who told us this transaction would be ok turns out to be a scamming little ****, so it's unlikely he'll give us his private key. He uses Blockchain wallet. So, to confirm, I guess we have just lost the BCH forever?
Sorry to hear of your predicament, however one consolation is that if he's using the Blockchain.info wallet he also won't be able to access them as you don't control the private key when using their wallet.

Technically speaking the BCH isn't lost forever; it's sitting in the address you sent it to on the BCH chain (see link below), however the only entity able to access it is Blockchain.info. They don't assist users in cross-chain recovery as it's not their responsibility to ensure users send funds to the correct address.

https://explorer.bitcoin.com/bch/tx/853 ... 6f572d6ee9

For all intents and purposes I'm afraid your funds are irretrievable, but also irretrievable to the guy that tried to scam you.

miasmith
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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:54 pm

OK, well that's a small consolation I guess. Will remember to be more careful in future. A bit new to all this stuff so learning along the way and appreciate your help.

Just out of interest on a separate matter - what's the best way to exchange BCH for BTC?

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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 2:57 pm

OK, well that's a small consolation I guess. Will remember to be more careful in future. A bit new to all this stuff so learning along the way and appreciate your help.

Just out of interest on a separate matter - what's the best way to exchange BCH for BTC?
You're more than welcome! Feel free to check out our Getting Started section to learn more. :)

Exchanging BTC to BCH can be done incredibly easy via ShapeShift from right inside our wallet if you use that, otherwise their website ShapeShift.io is highly recommended.

miasmith
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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 3:25 pm

Awesome. I'll give that a go. Thanks again for the help :)

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Re: Can I retrieve lost BCH?

Wed Mar 14, 2018 4:06 pm

Awesome. I'll give that a go. Thanks again for the help :)
You're very welcome! :)

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