Since September, itBit has been processing Bitcoin Cash (BCH) withdrawals on a weekly basis from customers who have selected a one time withdrawal of the full amount.  We have updated our schedule of withdrawal processing times to occur once per month beginning December 11th 2017.

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We have updated our platform to offer Bitcoin Cash (BCH) withdrawals. When you next log into your itBit account, you will be able to see your BCH balance. This balance is equal to the Bitcoin you held in your itBit account at the time of the BCH fork on August 1, 2017.

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Since the Bitcoin Cash hard fork, we at itBit have been monitoring the new currency and working diligently to support withdrawals of Bitcoin Cash.

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It has been an eventful five weeks for the bitcoin and digital asset markets.  

Following the bitcoin halving event on July 9th, the price of bitcoin stabilized in the mid-600 range and remained there through most of July. Then on August 2nd, the massive Bitfinex hack which saw roughly 120,000 XBT...

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Bitcoin continued its incredible run last week, surging another roughly 10% to close around $740. The price has now jumped over 65% since late-May. 

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The bitcoin price rose 20% in May and is now up over 30% in 2016. The price had been rangebound most of the year, leaving volatility at extremely low levels. Big upside volume helped boost the price above key resistance levels in the $470-$475 range and then over the November high of $500. The...

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Positive momentum in the bitcoin market continued last week, giving fresh legs to the recent rally. The price rose another 10%, closing the week around $580. The price of bitcoin is now up nearly 30% since May 27th.

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