jellyfishy
Posts: 1
Joined: Wed Jan 17, 2018 12:45 pm

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HELP. placed BCH address instead of BTC when buying

Wed Jan 17, 2018 12:54 pm

Hello,

I just tried to BTC for the first time and accidentally put my BCH address instead of BTC address when buying from Bitcoin main website. It's my first time buying so my transaction is being reviewed but do you think they will catch my mistake and sends it. What will happen? will my money i spent go towards BCH instead of BTC? is this fixable?

Thank you,

ManojPillai
Posts: 3
Joined: Wed Jan 17, 2018 3:39 pm

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Re: HELP. placed BCH address instead of BTC when buying

Thu Jan 18, 2018 12:42 am

Hi, I had the same issue. I had the desktop BTC wallet and accidentally sent some BTC to my BCH wallet. But I found the following instruction. Hope this helps:

Bitcoin and Bitcoin Cash are two entirely separate cryptocurrencies and they operate on two entirely separate blockchains. This means that Bitcoin (BTC) sent to an address on the Bitcoin Cash (BCH) blockchain will never appear nor be present on the Bitcoin Cash blockchain. Because both BTC and BCH share a similar address format, it is possible to accidentally send a Bitcoin (BTC) transaction to a BCH address, but the funds will only exist on the BTC chain.
Note that in the Bitcoin.com wallet you can set up both a Bitcoin (BTC) sub-wallet and a Bitcoin Cash (BCH) sub-wallet.

Please follow the instructions below to retrieve the BTC from your BCH wallet:
1.Press "Home" in bottom left
2.Press the "+" sign on the right of "Bitcoin (BTC) wallets"
3.Create personal wallet. Enter a name for the wallet, for example "BTC recovery wallet"
4.Turn on Bitcoin (BTC)
5.Show advanced options
6.Change “Random” to “Specify Recovery Phrase”
7.Enter your BCH wallet's recovery phrase (you can get it from Settings > [Name of your BCH wallet] > Backup)
8.Make sure "Single address wallet” are turned OFF. You don't need to change the derivation path.
9.Create wallet. If you get an error “Error creating wallet: Key already associated with an existing wallet”, continue to step 10 and select your existing BTC wallets instead of the newly created "recovery wallet" then follow the rest of the steps.
10.If no error is shown go to Settings > [BTC recovery wallet] > More Options > Wallet Addresses
11.Tap 'Unused Addresses' at least 20 times / until you get an "Empty addresses limit reached" message
12.Tap 'Scan addresses for funds'
13.Your Bitcoin (BTC) will now appear in your BTC recovery or existing BTC wallet.

Good Luck

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