OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

Major crypto trade OKEx introduced it’s going to checklist Bitcoin Cash ABC underneath the unique Bitcoin Cash ticker, BCH.

The Malta-based cryptocurrency trade OKEx introduced that it’ll checklist Bitcoin Cash ABC underneath the unique Bitcoin Cash ticker BCH, based on an official assertion Dec. 11.

According to the announcement, the sixth largest crypto trade will change the ticker of Bitcoin Cash ABC from BCHABC to BCH. It will even change the Bitcoin Cash SV ticker from BCHSV to BSV. The ticker change will happen at 5 a.m. UTC+1 on Dec. 13.

Spot trading of each BCHSV and BCHABC will probably be suspended whereas all remaining balances of the unique Bitcoin Cash will probably be settled and faraway from customers’ accounts. Spot trading will purportedly resume two hours after the preliminary suspension.

Bitcoin Cash ABC has earned the BCH ticker on different main exchanges as nicely. On Dec. 8, the Gemini crypto trade based by the Winklevoss brothers introduced that it’ll “solely be offering assist for the Bitcoin ABC community,” which it states will probably be recognized on the platform as “Bitcoin Cash with ticker: BCH.”

In late October, United States-based wallet service and trade Coinbase made an analogous choice, whereas stating it could “proceed to judge the security of the BCH SV chain.” Coinbase stated that it sided with the ABC camp as a consequence of “plenty of components together with the truth that ABC has the next hashrate and an extended proof-of-work (PoW) chain.”

Bitcoin Cash break up into Bitcoin Cash ABC (Adjustable Blocksize Cap) and Bitcoin Cash SV (Satoshi’s Vision) in a tough fork that was the results of a community replace on Nov. 15. Since the break up, Bitcoin Cash ABC — championed by crypto evangelist Roger Ver — seems to have claimed victory.

Last week, Florida-based United American Corp. (UnitedCorp) filed a lawsuit in opposition to a slew of main companies and personages within the crypto area just like the Kraken crypto trade, crypto mining agency Bitmain, and Roger Ver.

The swimsuit alleges that the accused used unfair strategies and practices to govern the BCH community for his or her profit and to the detriment of UnitedCorp and different BCH stakeholders. It additional alleged that on Nov. 20, the Bitcoin Cash ABC dev group put a “poison capsule” into the blockchain by the use of a “Deep Reorg Prevention” as a way to strengthen management over the Bitcoin Cash blockchain ledger.

Original supply: https://cointelegraph.com/news/okex-crypto-exchange-lists-bitcoin-cash-abc-under-original-bitcoin-cash-ticker

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Source: BTC Upload