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Finance & Economics

Popular crypto exchange will support Bitcoin Cash hard fork

Nov 12, 2018

Crypto exchange posted a statement regarding Bitcoin Cash hard fork

Popular crypto exchange will support Bitcoin Cash hard fork. Source: shutterstock.com

Bitfinex announced full support for the upcoming Bitcoin Cash hard fork, estimated to take place on November 15th, 2018.

Bitfinex will complete a full account snapshot of Bitcoin Cash balances at UNIX time 1542300000, I.E 4:40:00 PM UTC, November 15th. Deposits and withdrawals of BCH will be suspended as of 3:30:00 PM UTC, November 15th.

The crypto exchange will manage all technical requirements surrounding the process for all users for whom the Bitcoin Cash hard fork is relevant.

Bitfinex will not advocate for or against any particular fork, and miners have full prerogative to commit their hashing power to whichever projects they choose. At the time of writing, we do not believe that there is sufficient consensus to identify a clear winner in the Bitcoin Cash hard fork
Bitfinex

A separate announcement will be made on November 16th, following the event, to notify users of a successful hard fork.

SEE ALSO:?The Blockchain Island: Malta Blockchain Summit findings & insights

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