To support the upcoming Bitcoin Cash hard fork,bitget will take a snapshot of all Bitcoin Cash balances at UNIX time 1542300000, 2018/11/15 4:40:00 PM (UTC). Deposits and withdrawals of Bitcoin Cash will be suspended starting from 2018/11/15 3:00:00 PM (UTC). Please leave sufficient time for deposits to be processed in full prior to this time. We will handle all technical requirements involved for all users holding Bitcoin Cash in theirbitget accounts.
As the Bitcoin Cash hard fork may result in two different chains, Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV),bitget will halt trading in all existing Bitcoin Cash markets, including BCH/BTC and BCH/USDT, at 2018/11/15 4:40:00 PM (UTC). We will prepare for the two potential scenarios below:
Scenario 1: The Bitcoin Cash hard fork does not result in a second coin
In this scenario,bitget will resume trading on all original Bitcoin Cash pairs. The exact time of trading will be released in a separate announcement.
Scenario 2: The Bitcoin Cash hard fork results in a second coin being created
In this scenario,bitget will distribute both BCHABC and BCHSV to users, each at a 1:1 ratio based on the aforementioned snapshot taken of Bitcoin Cash balances. We will make a separate announcement to notify users what the exact trading time will be for both BCHABC and BCHSV.
Please note: Deposits and withdrawals will remain closed until we deem the forked blockchains and wallets to be usable and stable.
bitget Operations Team