BlockTrades Added Support for Bitcoin Cash

BlockTrades website for the exchange of cryptocurrency announced support for as for the most requested coin by users of the platfrom
15 January 2018   2825

BlockTrades website enables users to rapidly purchase cryptocurrencies without the hassles typically associated with purchasing through a centralized cryptocurrency exchange and differs from a traditional exchange as users don't need to maintain a balance on the site. 

On January 15 of 2018 BlockTrades announced launch of Bitcoin Cash, and in addition to supporting regular buying and selling of BCH, customers will also be able to purchase Steem accounts with BCH.

Moreover, BlockTrades will allow BCH to be sent using both the new BCH-specific addresses or the old-style addresses, but the deposit addresses generated for users paying with BCH will only be generated in the new format.

One useful aspect of Bitcoin Cash is that transaction fees are cheap relative to Bitcoin, and Bitcoin Cash is supported at many exchanges that support Bitcoin, making it a useful intermediate coin (like Litecoin, Ethereum, and Doge) for going to and from fiat currencies.
 

BlockTrades official statement

Currencies that are already listed on BlockTrades are: BitCNY, BitEUR, BitShares, BitUSD, OPEN.BTC, OPEN.DASH, OPEN.ETH, BTC, DASH, Dogecoin, ETH, LTC, Steem, Steem Dollar.

Earlier today we have reported that GDAX crypto exchange announced resuming BTC-BCH trading from January 17 after temporary suspension.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $2 477,58
  • Marketcap: $41 903 310 540
  • 24h volume: $1 367 100 000

SBI to Delist Bitcoin Cash

It is also worth noting SBI won't delist Bitcoin SV, which will be delisted by Binance and ShapeShift.
17 April 2019   517

The Japanese exchange SBI Virtual Currencies will delist Bitcoin Cash (BCH) in June Cointelegraph reports.

It is noteworthy that SBI won't delist Bitcoin SV, which will be delisted by Binance and ShapeShift.

Among the main reasons for the delisting of the exchange called the decline in market capitalization of Bitcoin Cash. Also, representatives of the marketplace are convinced that BCH has recently become more at risk of an “attack of 51%.”

This material is not part of the rules for the management system of virtual currency related information of Japan Virtual Currency Exchange Business Association.
 

SBI

In addition, AMB Crypto reports that SBI is dissatisfied with the consequences of hard forks, as a result of which the BSV asset appeared, and Bitcoin Cash cryptocurrency itself has lost a significant part of its value in a short time.

Some users of social networks have expressed the opinion that the true reason for delisting Bitcoin Cash lies in the partnership of the management of the exchange with the company nChain, where Craig Wright, who supports Bitcoin SV, works.

Large exchange OKEx decided not to delist Bitcoin SV too. Moreover, until April 19, the launch of the FloatSV cryptocurrency exchange, created in partnership with OKEx, is expected to be launched, the main asset of which will be Bitcoin SV.