Binance Distributes Bitcoin Cash (BCHABC) and (BCHSV) and Opened Trading For the New Pairs

Binance Distributes Bitcoin Cash (BCHABC) and (BCHSV) and Opened Trading For the New Pairs

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November 16, 2018 by Jane
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Binance announced earlier today (Friday) that it had distributed the resulting coins of the Bitcoin Cash (BCH) hard-fork that took place yesterday, November 15th to all eligible customers. The team at Binance went on to notify loyal users of the platform. The exchange has opened trading for the new pairs – BCHABC/BTC, BCHABC/USDT, BCHSV/BTC and
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Binance announced earlier today (Friday) that it had distributed the resulting coins of the Bitcoin Cash (BCH) hard-fork that took place yesterday, November 15th to all eligible customers. The team at Binance went on to notify loyal users of the platform.

The exchange has opened trading for the new pairs – BCHABC/BTC, BCHABC/USDT, BCHSV/BTC and BCHSV/USDT – at 0800 UTC on Friday.

Binance has added both a BCHSV and BCHABC trading pair to its website, indicating it will likely honor both Bitcoin Cash forks, issuing double tokens to all BCH holders.

All prior BCC balances have been removed from user accounts and all BCC trading pairs have been delisted from the exchange.

Though trading has begun, the exchange will only resume deposits and withdrawals of the two new chains of Bitcoin Cash once it deems the respective blockchains and wallets to be usable and stable.

The CEO of Binance, Changpeng Zhao, took to Twitter to announce that the symbols of the resulting coins, will not be changed once they have been assigned on the platform.

One thing about the fork, these symbol names will stay. Binance will not support changing of trading symbols later. If anyone asks for it later, let’s refer them back to this tweet. https://t.co/j1h3gb4edQ

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