HitBTC, a top-tier cryptocurrency exchange officially announces its support for the upcoming fork of Bitcoin Cash. The pre-fork trading will be available for the two coins that are up to appear after Bitcoin Cash hard fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV).
The listing of the pre-fork coin pairs is a meaningful part of the exchange’s strategy. According to our vision, the market is maturing, and an increasing number of coins prove themselves trustworthy. So, providing the market participants with extra opportunities becomes a sensible commitment for the crypto exchanges in the first place. By allowing our users to trade Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV), we are encouraging the free choice of our community to support either of the new chains.
Bitcoin Cash, the fourth-largest cryptocurrency by market capitalization, has created its technical design to be agile in the implementation of the software updates. One of the most commonly adopted ways for a fundamental update is creating a hard fork. The development expectations for Bitcoin Cash have divided into two separate directions, just like it previously happened with Bitcoin and Bitcoin Cash.
By allowing the traders to determine a consensus for the future of the projects, we are essentially supporting the decision-making of our community.
Pre-fork trading will be available starting from 9 November. To split your BCH into BCHABC and BCHSV, visit your Account tab. The backward procedure is also available. Deposits and withdraws for both of the new currencies will be enabled once the Bitcoin Cash fork takes place on 15 November.