A few days ago, I bought Bitcoin Cash and transferred it to my BitMEX Bitcoin BTC Wallet by accident! This is money that I can't afford to lose! What do you suggest I do?
My conversations with BitMEX:
ME: Hi! Please help me
I just accidentally transferred my Bitcoin Cash to my BitMEX Account. I didn't realize that it needs to be Bitcoin and not Bitcoin Cash. Can you please reverse the transaction so I can fund my BitMEX account properly?
BitMEX: Unfortunately, our wallets are not capable of BCH withdrawals without extensive development and time, which means the funds are essentially unrecoverable/frozen at this stage. I have placed your details on a list of users who have deposited BCH, and we will contact you if/when we upgrade our wallets to enable withdrawals.
Currently there is no ETA on this.
ME: Are you telling me that the funds are unrecoverable/frozen at this stage, but once your wallets are upgraded, I would be able to withdraw? This means I have not lost my money, correct?
Other exchanges like BitPay have a feature that allows the option to "clone" the Bitcoin wallet address so it can be retrieved. How come BitMEX doesn't have this?
This is money that I can't afford to lose especially in short term. If lose it, I am going to end up losing everything and probably end up homeless :( :( :( :(
BitMEX: It may be recoverable at a later date, however, we cannot be certain of this.
Please note what is stated on the deposit page: `Do not send Litecoin, Bitcoin Cash, or Tether to this address! Unfortunately, these networks will accept Bitcoin multisig addresses as valid. Any unsupported coins sent here will be lost.
ME: I did some research and found that it is recoverable by BitMEX. BitMEX has the private keys to access my BTC Wallet on the exchange and your help desk should have a way to fix this. Why is BitMEX not trying to work on this now? Have you forwarded this to your technical team?
BitMEX: Our current wallet infrastructure does not support the new BCH chains and it will take us significant time and resources to access which we do not have right now. I cannot give you an update of time when we may be able to access this for you, but we are looking to try and solve this problem in the future. Please bear with us, this is the reason why we explicitly mention to NOT send us anything but BTC.