If you’re receiving Bitcoin Cash from an external wallet or exchange to your Coins.ph BCH address and you get an “Invalid Wallet Address” error on that platform, it’s possible that the wallet you are using does not support the wallet address format of your BCH wallet.
When Bitcoin Cash forked from Bitcoin, the format of BCH wallet addresses followed the same format of Bitcoin and this made it difficult to determine if a wallet address is a Bitcoin or a Bitcoin Cash address. To address this, developers of Bitcoin Cash created a different format called CashAddr (read as: Cash Address) format to easily distinguish what currency an address supports. Bitcoin addresses usually start with a “1” or a “3”, while the Bitcoin Cash CashAddr format begins with the words “bitcoincash:” followed by a string that can start with either a “q” or a “p”. For example:
Bitcoin Address (Legacy): 3He1qMyChQzc2uv8TJcZ1ojenU4gKqAFeR
Bitcoin Cash (CashAddr): bitcoincash:pzh0pv9f8n0lzrws8qcvpylquzuer58acqqmhmg7tr
For more information on what CashAddr is, you may visit Bitcoin Cash’s website here.
If the wallet you’re sending from does not support the CashAddr format, you can easily convert your Coins.ph BCH CashAddr back to Legacy format using this tool. From here, enter your CashAddr and press the “Convert” button to see what your address looks like in Legacy format. You can now use this to send funds to your Coins.ph BCH wallet.
- Go the website https://cashaddr.bitcoincash.org/ and enter your wallet address
- Press the “Convert” button
- Once you press the convert button, your wallet address is converted to the Legacy format.
If you still encounter an error when entering your BCH wallet address on a different website, please contact that website for further assistance in entering your Coins.ph BCH CashAddr.