Bitcoin exchange coinbase allows trading in Bitcoin cash

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Bitcoin exchange coinbase allows trading in Bitcoin cash

SAN FRANCISCO: San Francisco-based bitcoin exchange Coinbase said on Tuesday it would allow customers to buy, sell, send and receive Bitcoin Cash, a clone of the original cryptocurrency.

Bitcoin Cash was created on Aug. 1 when Hong Kong-based digital currency exchange Bitfinex said a minority of bitcoin miners would be “forking” to create a new version of bitcoin to make trading faster and easier.

Coinbase said all customers who held a bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account.