Share this article
Couldn't Claim Your Bitcoin Cash? BTC.Com Now Has a Tool for That
In an effort to grow the pool of potential bitcoin cash users, BTC.com is launching a recovery tool for users who couldn't easily claim their funds.
Updated Sep 13, 2021, 6:50 a.m. Published Aug 18, 2017, 10:00 a.m.
Users who weren't able to claim their bitcoin cash in the wake of this month's hard fork now have a better chance of retrieving their lost funds.
Announced this week, BTC.com has launched a recovery tool for the cryptocurrency, one designed to let users whose wallets didn't support the switch to claim their coins.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Because users of some services still technically own bitcoin cash (but don't have access to it), the tool allows them to "extract" bitcoin cash from their wallets by exporting the keys and, then, move the currency into a new, supporting wallet.
If it sounds complex, it is. To put it simply, when bitcoin cash split from the bitcoin blockchain, anyone who owned bitcoin as the two networks parted ways were suddenly allocated an equal amount of bitcoin cash. However, many users were unable to access their new funds because the contentious and fast-moving fork caught many digital wallet providers off guard.
While some wallets supported the currency from the get-go, others decided against it because of concerns about confusing customers and a lack of technical resources to integrate the new cryptocurrecy.
In a blog post, BTC.com's online marketing manager, Nikol Daru, explained why the tool was needed, saying:
"Recovering bitcoin cash from a bitcoin wallet in a do-it-yourself manner can be a risky process that requires serious expertise. That's why we have developed this designated recovery tool, to make the process easy and seamless for everyone."
There's one big caveat, however: the service only works for specific wallets. According to the blog post, Blockchain and Mycelium are compatible with the tool, as well as unnamed others.
The launch could come as a relief to some in the community, including some who support bitcoin cash's technical roadmap and others who desire gains from holding or selling off the new asset.
And those funds are looking increasingly worth retrieving. A swift climb in price in the last 24 hours has seen bitcoin cash overtake Ripple as the third largest cryptocurrency by market capitalization. At press time, bitcoin cash is valued at $506, according to CoinMarketCap.
Binary code image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin dips, but quickly recovers as U.S. captures Venezuela's Maduro
The U.S. overnight launched a military strike against Venezuela, capturing President Nicolas Maduro and his wife and extracting them from the country.
What to know:
- The U.S. captured Venezuelan President Nicolas Maduro and his wife after a brief military operation Saturday morning, according to President Trump.
- Crypto prices suffered a brief, modest drop on the first reports of the military action, but have since recovered.
Top Stories
