DUBLIN, November 15, 2018 /PRNewswire/ --
Bitsane, the Europe-based
crypto exchange, is going to support the fork of Bitcoin Cash and
will credit the customers with new split coins on a 1:1 basis.
Twice a year, the Bitcoin Cash network hard forks as part of
scheduled protocol upgrades.
According to the information published by bitcoincash.org, the
Bitcoin Cash (BCH) network will be undergoing a planned protocol
upgrade on November 15th, 2018 at approximately 8:40 am PT (4:40 pm
UTC) via the Bitcoin ABC full node implementation.
However, unlike the previous BCH hard forks, there is a
competing proposal that is not compatible with a published
roadmap.
The event planned for November, 15th is not going to be a
conventional hard fork. It is happening because of consensus
conflict between BCH communities and is going to result in a split
in two chains - particularly, Craig
Wright's nChain implementation and Bitmain's Wormhole.
Not to provoke the developing tension on "which coin is true
BCH" topic, Bitsane joins the award of supporting the fork on the
terms of equality. For those, who have BCH balance on Bitsane
during the Bitcoin Cash hard fork on November 15th, 2018 at 4:40 pm UTC, will be additionally credited the
equivalent amount of BSV coins on a 1:1 basis.
Thus, all BCH holders will receive new forked coins with the
corresponding amount.
Meanwhile, in order to ensure the safety of customers' funds,
from November 15th, 2018 at 10 am
UTC , Bitsane will temporarily suspend the deposits and the
withdrawals of Bitcoin Cash until the hard fork block has been
completed.
Please be sure that all your BCH deposit transactions are
completed prior to that time.
Our customers will be updated as soon as the network upgrade has
been done. Trading will remain active during this time.
Why trade it on Bitsane?
Bitsane is an Irish-based full-featured global trading exchange
which was launched in 2016. The platform provides a comprehensive
vetting of new cryptocurrency and pays high attention to users'
safety. Bitsane team has implemented the security and protection
functions for their customers such as the improved protection from
DDoS attacks, encrypted SSL connection and cold storage of funds.
Since 2016 the site has reached more than 240 000 registered users,
improved the market order flow, increased the number of
trades, and has created a direct market access.