The cryptocurrency exchange Poloniex intends to support both Bitcoin Cash chains, which may appear after the network upgrade planned for November 15.
For the upcoming November 15th upgrade, two competing development teams have proposed different network consensus rules that are incompatible with each other: the “SV” implementation and the “ABC” implementation. We believe the responsible thing for an exchange to do is remain neutral, and allow the community to decide which chain to support. Therefore, we plan to support trading markets for both tokens.
On November 15 there will hardfork in Bitcoin Cash chain. However, there are two development teams that offer incompatible clients Bitcoin SV and Bitcoin ABC.
Note that Coinbase, OKEx and Binance have already expressed support for the implementation of traditional Bitcoin ABC software.
Meanwhile, the rate of BCH over the past day has grown by more than 11% and is trading at around $ 630.