BTC Markets will be supporting the approaching Bitcoin Cash hard fork on Friday the 16th of November at AM AEDT, as per the scheduled network upgrade. BTC Markets will monitor the BCH network carefully during the hard fork and make every effort to reduce the impact on BCH services. Nov 15, · A note on the Bitcoin Cash fork on 15 November On November 15th UTC the Bitcoin Cash (BCH) network will split into two chains: the Bitcoin Cash Node (BCH) chain and Bitcoin Cash ABC (BCH ABC) natur-holzbausteine.de will be supporting the Bitcoin Cash Node (BCH) chain and reserves the right to not recognise the BCH ABC fork if there is insufficient adoption of the new . Nov 24, · Bitcoin Cash (BCH) will undergo a contentious hard fork on the 15 th of November There are two rival forks proposed, Bitcoin Cash ABC (BCHABC) and Bitcoin Cash Node (BCHN), with disagreement in the community about which to support. Consequently, the outcome of the fork is uncertain. BTC Markets priority is to protect our client’s assets.
November fork btcBitcoin Cash Fork, 15 November What it Means for You | Ledger
If you want to continue using your Bitcoin Cash BCH during our service interruption, you could opt to send your Bitcoin Cash elsewhere, to a platform that will keep its services running during this time period. This way, you could use your BCH. Do kindly note that this might bring the risk of the previously mentioned replay attacks though. Another option is to simply wait till we restore service for the most viable chain. Your Bitcoin Cash private keys will remain secured through your device.
This means that once our service is restored, you can continue using your BCH as intended. A last option would be to use your Ledger device with a third-party wallet application such as Electron Cash.
Do kindly note that transacting with your BCH at this time may include the risk of replay attacks. We strongly recommend doing your own research on both replay attacks and if these third-party wallet apps will continue to function during this time.
We hope that this has clarified the situation regarding using your Ledger device for BCH during its upcoming fork. You can keep an eye on our Social Media pages for updates on this as well. Intentionally by developers. Developers make modifications to the source code to add new features, fix issues or change the underlying rules of the network.
These changes create a new blockchain that splits from the original network. What are the possible outcomes of this hard fork? Two chains emerge. One chain remains. What are BTC Markets doing? We will keep you up to date via announcements on our social media pages and direct emails.
What are my options? Wait it out. Waiting it out may be one option. Continue to trade BCH. Clients can trade BCH on the exchange during this period. However, as mentioned, we cannot guarantee what fork of BCH your trades will ultimately relate to. Transfer your BCH funds to a different wallet. If you want to continue to deposit and withdraw your BCH, you may send your tokens to a platform maintaining these services. Please be advised that this action may expose you to a higher level of risk.
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