Bitcoin Cash Hard Fork Support
November 10, 2020
It is estimated that the Bitcoin Cash (BCH) Hard Fork is set to take place around November 15th, 2020 at 12:00 PM (UTC). Following the update, BCH may split into two chains: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN).
BEQUANT will take the following actions during the upcoming fork:
BCH Deposits & Withdrawals
Our technical team will pause deposits and withdrawals of BCH on November 15th, 2020 at 10:00 AM (UTC) until the update is complete. Your funds will remain safe during the update.
Spot trading of Bitcoin Cash will not be affected by this process. Please ensure you take sufficient risk measures as price volatility is often high during contentious hard forks.
It is possible that a new token will be created by the upcoming fork. BEQUANT Exchange will support trading of new tokens pending the stability of the new networks. A decision on which chain will carry BCH ticker on BEQUANT will be taken after the completion of the fork. We will provide an update as soon as the outcome of the fork is clear.
What happens if no new coin is created?
If no new coin is created, then our technical team will open BCH deposits and withdrawals as soon as possible.
If you have any further questions or queries regarding this update, please raise a ticket to our support team. They will be happy to answer in no time.