Exchanges to Support BCH ABC Hardfork

Exchanges to Support BCH ABC Hardfork

Several major exchanges have already announced their support for the soon-to-be BCH ABC upgrade; and Craig Wright, who backs BCH SV, is calling foul on an exchange’s short option for BCHABC/BCHSV

Binance, Bitfinex, BitPay, Coinbase, and Kraken announced they will be supporting the Bitcoin Cash ABC hardfork.

Binance would like to confirm support for the upcoming Bitcoin Cash hardfork. We will take a snapshot of all Bitcoin Cash balances at UNIX time 1542300000, 2018/11/15 4:40 PM (UTC). Deposits and withdrawals of Bitcoin Cash will be suspended starting from 2018/11/15 3:00 PM (UTC).

Binance statement

Initially Kraken will only support Bitcoin ABC, which follows the Bitcoin Cash upgrade roadmap published by… On November 15 Kraken will prepare its Bitcoin Cash (BCH) wallets to be Bitcoin ABC specific so that coins from any alternative chains will be retained and not sent out from our wallets in withdrawals.

Kraken statement

BitPay is advising its users to avoid transacting with BCH at least two hours before the fork as there is a possibility of risk of double-spending and lost transactions. BitPay also said it will not ‘migrate from Bitcoin ABC implementation of Bitcoin Cash’.

BCH/USD Trading Update

BCH consolidation has diluted at the start of the week. It is now trading at $516.38, down 5.26%. It has a market cap of over $9 billion, making it the fourth largest cryptocurrency.

Poloniex is Naked Shorting?

Poloniex opens the option for traders to trade BCHABC and BCHSV. According to a report, BCHSV surpassed BCHABC. But Craig Wright is not happy about the pre-trade offering, calling it a criminal offense.

BitMEX Research on the BCH Hardfork

Last week, 6 November, Finrazor reported that in anticipation of the upgrade, the research arm of BitMEX will be watching BTC nodes through Fork Monitor. The fork monitoring website is closely watching a total of 13 BTC nodes.

Bitcoin Cash

274.39 USD -2.10%
0.05119000 BTC -0.56%
Volume, 24h
452,131,659 USD
4,711,476,991 USD

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