Cryptocurrency Q&A What happened to BSV funds after Coinbase deprecation?

What happened to BSV funds after Coinbase deprecation?

DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Sun Nov 24 2024 | 7 answers 1346
I'm wondering about the status of BSV funds following Coinbase's decision to deprecate them. What became of these funds after the deprecation? What happened to BSV funds after Coinbase deprecation?

7 answers

BonsaiGrace BonsaiGrace Tue Nov 26 2024
Following the deprecation date, Coinbase implemented a specific procedure for handling BSV funds.

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Alessandro Alessandro Tue Nov 26 2024
Any remaining BSV in customer accounts were subject to liquidation.

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Federico Federico Tue Nov 26 2024
The liquidation process involved converting BSV funds to a stablecoin.

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Valentino Valentino Mon Nov 25 2024
The stablecoin options provided were USDC or DAI.

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Davide Davide Mon Nov 25 2024
The conversion was based on the then-equivalent market value of BSV.

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