Copay CryptoSlate

Transfer bitcoin cash to binance using a BCH address format translator...

I have today tried transferred my bitcoin cash from my copay/bitpay wallet to the binance exchange. When using the BCH (BCC when using Binance despite it being bitcoin cash, and not the scam coin!) then you get an error from the mobile wallet ‘Copay only supports Bitcoik cash using new version number addresses’.
So i researched this, and there is a page on bitpay informing me that the wallet address that binance provides is not in the new address convention apparently, and it needs to be converted to a new one.
So next step, i used a ‘BCH Address Translator’ where i enter the Binance BCH wallet address, and it converts it to an address (that starts with letters rather than numbers), and i then use this new generated address to send BCH from my wallet to binance.
So, now I am in the waiting game. Transfer was done 4 hours ago, I see 10 confirmations so far, yet nothing on binance, No pending deposits, so naturally I am getting anxious!
Lets see if this works. I really wonder if anyone else has gone through this painful process?!
Fingers crossed. I will update this thread if I had success or not.
Who said transferring digital money was so easy?! In this case, we are a long way from that! :)
submitted by christianpayne to Copay [link] [comments]

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Copay is a multi-signature wallet that gives you and your copayers compete control of the private keys needed to access your bitcoin. The Copay app securely stores multiple, distinct bitcoin wallets, allowing both business and privacy-conscious users to keep funds carefully separated. Copay is an open source project, whereas the BitPay wallet app is officially supported by BitPay. Copay Bitcoin Wallet 4+ BitPay, Inc. 3.8, 36 Ratings ... Dollar (GUSD) and Binance USD (BUSD) - Multiple wallet creation and management in-app - Intuitive multisignature security for personal or shared wallets - Device-based security: all private keys are stored locally, not in the cloud - Hierarchical deterministic (HD) address generation and wallet backups - Payment protocol (BIP70-BIP73 ... Your BTC address is a string of 26-35 letters and numbers that identify your Bitcoin wallet. BTC addresses begin with either a 1 or a 3 and are case-sensitive. When you want to receive funds, this is the information that you provide to the person paying you. Your BTC address is oftentimes called your wallet address or your public address. IN CONCLUSION, copay is less then mediocre, charge crazy fees, hardly support bitcoin cash, but have a decent user interface. I WOULD HIGHLY RECOMEND taking the bitcoin that you would have placed in copay, taking the $100 it would have charged you in fees by the time you are done with it, and buying a Ledger Nano S, which is really the only way to store cryptos. With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also ... Copay is a secure bitcoin wallet that is backed by BitPay. Developed by BitPay to secure BitPay’s funds, the developers of Copay designed the wallet to give users maximum control of their money. Follow the complete Copay wallet review to learn everything you need to know including Copay wallet fees and supported coins! Since this is an HD wallet, your bitcoin address changes automatically after every payment. To make payments with Copay, simply identify your receiver’s bitcoin address and click “Send.” This can be done by writing down the address or scanning their QR code. Copay also allows you to add payees to your address book for easy access.

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How to find your bitcoin address on blockchain.info - YouTube

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