With the contentious Bitcoin Cash hard fork fast approaching, a
number of exchanges have come out with statements that generally say
they “support the hard fork.”
Previously, major exchanges including Binance and Coinbase have
announced their support for the Bitcoin ABC proposal as published on
bitcoincash.org. However, Coinbase added that “unlike previous BCH
hard forks, there is a competing proposal [Bitcoin SV] that is not
compatible with this published roadmap. Coinbase will monitor the hard
fork process and work to minimize customer disruption until the
network meets Coinbase security standards.”
Similar to another US-based cryptocurrency exchange Poloniex ,
Coinbase also added in a statement that it will “ensure that
customers have access to their funds on each chain” in the event
“multiple viable chains persist” following the hard fork.
Top 10 Bitcoin Cash markets:
Exchanges such as OKEx , BitForex , Huobi , Upbit , Coinbase Pro ,
Coinsuper have also confirmed their support for the fork, according to
Coindesk.
Poloniex, however, differed from the others by saying that it is
“prepared to support trading markets for both tokens” following the
form. In addition, the exchange has also taken a completely different
approach leading up to the November 15 hard fork by enabling trading
in the new cryptocurrencies even before the fork has even happened.
According to Poloniex, “pre-fork trading” has already been enabled
in the trading pairs BCHSV ( Bitcoin SV)/USDC, BCHABC (Bitcoin
ABC)/USDC, BCHSV/BTC, and BCHABC/BTC.
Poloniex Exchange
@Poloniex
2/ The following pairs will be available for trading: USDC/BCH,
USDC/BCHSV, USDC/BCHABC, BTC/BCHSV, and BTC/BCHABC.
Customers can convert Bitcoin Cash (BCH) into equivalent amounts
of BCHABC and BCHSV. Customers can also convert SV and ABC back
into BCH.
1:46 AM - Nov 8, 2018
49 32 people are talking about this
Poloniex Exchange @Poloniex · 9h
1/ NEWS: Ahead of the Bitcoin Cash (BCH) hard fork, we are
opening pre-fork trading of the two planned protocol upgrades,
Bitcoin Cash ABC and Bitcoin Cash SV. Learn more here:
blog.circle.com/2018/11/08/pol…
The exchange also added in a blog post that “Customers can convert
Bitcoin Cash into equivalent amounts of BCHABC and BCHSV and, also
convert BCHABC and BCHSV back into BCH if they’d like to
withdraw funds. Customers won’t be able to withdraw BCHABC and
BCHSV ahead of the hard fork.”
The bitcoin cash price has been on a rollercoaster ride as of late,
coming in as the best-performing coin among the top 50
cryptocurrencies over the past 7 days (+39.61%), while it is the worst
performer over the past 24 hours, trading down 4.92% to USD 592 as
of press time.
As previously reported by Cryptonews.com , a sharp divide has emerged
within the bitcoin cash (BCH) community that could lead to two
different BCH chains remaining as viable alternatives after a
scheduled hard fork on November 15.
The bitcoin cash blockchain goes through regularly scheduled hard forks
every six months as part of upgrades to its core code. Unlike previous
hard forks, however, there are now two competing proposals for the
fork, known as Bitcoin ABC and Bitcoin SV.
Bitcoin ABC is the “mainstream” proposal supported by
bitcoincash.org, while Bitcoin SV – short for “Satoshi’s Vision”
– is backed by the self-proclaimed Satoshi Nakamoto, Craig White and
a group of BCH miners.
When the debate was starting to heat up back in August, Ethereum co-
founder Vitalik Buterin posted his take on Twitter, referencing the
now-defunct Ponzi scheme BitConnect Coin (BCC):
number of exchanges have come out with statements that generally say
they “support the hard fork.”
Previously, major exchanges including Binance and Coinbase have
announced their support for the Bitcoin ABC proposal as published on
bitcoincash.org. However, Coinbase added that “unlike previous BCH
hard forks, there is a competing proposal [Bitcoin SV] that is not
compatible with this published roadmap. Coinbase will monitor the hard
fork process and work to minimize customer disruption until the
network meets Coinbase security standards.”
Similar to another US-based cryptocurrency exchange Poloniex ,
Coinbase also added in a statement that it will “ensure that
customers have access to their funds on each chain” in the event
“multiple viable chains persist” following the hard fork.
Top 10 Bitcoin Cash markets:
Exchanges such as OKEx , BitForex , Huobi , Upbit , Coinbase Pro ,
Coinsuper have also confirmed their support for the fork, according to
Coindesk.
Poloniex, however, differed from the others by saying that it is
“prepared to support trading markets for both tokens” following the
form. In addition, the exchange has also taken a completely different
approach leading up to the November 15 hard fork by enabling trading
in the new cryptocurrencies even before the fork has even happened.
According to Poloniex, “pre-fork trading” has already been enabled
in the trading pairs BCHSV ( Bitcoin SV)/USDC, BCHABC (Bitcoin
ABC)/USDC, BCHSV/BTC, and BCHABC/BTC.
Poloniex Exchange
@Poloniex
2/ The following pairs will be available for trading: USDC/BCH,
USDC/BCHSV, USDC/BCHABC, BTC/BCHSV, and BTC/BCHABC.
Customers can convert Bitcoin Cash (BCH) into equivalent amounts
of BCHABC and BCHSV. Customers can also convert SV and ABC back
into BCH.
1:46 AM - Nov 8, 2018
49 32 people are talking about this
Poloniex Exchange @Poloniex · 9h
1/ NEWS: Ahead of the Bitcoin Cash (BCH) hard fork, we are
opening pre-fork trading of the two planned protocol upgrades,
Bitcoin Cash ABC and Bitcoin Cash SV. Learn more here:
blog.circle.com/2018/11/08/pol…
The exchange also added in a blog post that “Customers can convert
Bitcoin Cash into equivalent amounts of BCHABC and BCHSV and, also
convert BCHABC and BCHSV back into BCH if they’d like to
withdraw funds. Customers won’t be able to withdraw BCHABC and
BCHSV ahead of the hard fork.”
The bitcoin cash price has been on a rollercoaster ride as of late,
coming in as the best-performing coin among the top 50
cryptocurrencies over the past 7 days (+39.61%), while it is the worst
performer over the past 24 hours, trading down 4.92% to USD 592 as
of press time.
As previously reported by Cryptonews.com , a sharp divide has emerged
within the bitcoin cash (BCH) community that could lead to two
different BCH chains remaining as viable alternatives after a
scheduled hard fork on November 15.
The bitcoin cash blockchain goes through regularly scheduled hard forks
every six months as part of upgrades to its core code. Unlike previous
hard forks, however, there are now two competing proposals for the
fork, known as Bitcoin ABC and Bitcoin SV.
Bitcoin ABC is the “mainstream” proposal supported by
bitcoincash.org, while Bitcoin SV – short for “Satoshi’s Vision”
– is backed by the self-proclaimed Satoshi Nakamoto, Craig White and
a group of BCH miners.
When the debate was starting to heat up back in August, Ethereum co-
founder Vitalik Buterin posted his take on Twitter, referencing the
now-defunct Ponzi scheme BitConnect Coin (BCC):
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