Most major exchangers are not going to support Bitcoin Cash

29 July 2017, 18:48 | Technologies
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There are a lot of discussions around Bitcoin Cash. Although the support of this project seems to be growing, most of the exchangers do not want to do anything about it. This is not surprising, given that the code for this project was not audited.

Moreover, most of the exchangers seem to be waiting and not going to do anything. But despite this, the chances for this project are good, despite much more modest support than many think.

The concept of Bitcoin Cash will continue to generate discussions. However, this fork has nothing to do with Bitcoin itself. This is more likely a hard fork of Bitcoin blocking, which will result in another altcoyin. Given that most altcoins face difficulties on large exchanges, Bitcoin Cash is unlikely to be an exception. None of the major platforms are inclined to support this project right now. Some users are outraged by this, but most seem to care.

Bitcoin Cash is a great idea?.

While this new crypto currency will not receive support from major exchanges, the situation is unlikely to improve. At the moment, companies such as GDAX, Coinbase, ItBit and BitMEX do not support Bitcoin Cash. And this is not surprising, considering that this is just another altcoyin. Although he is trying to derive maximum benefit from his name, he is unlikely to ever reach the same position. Token is not yet present on the market, and the price of it is already jumping incredibly. Moreover, it is very possible that the price of this altcoyin will drop significantly on August 1.

Some large exchangers do not speak at all about this new crypto currency. Poloniex is the largest altoquin exchanger, but even he does not support Bitcoin Cash. Bitstamp also does not intend to support this protocol in the near future. This statement for many was a surprise. It is noteworthy that mainly Asian exchanges intend to actively work BCC.

For example, support for Bithumb - it turned out to be another surprise in the history of this altcoyin. However, not all of these platforms will automatically be able to credit the users to the balance sheets this August 1 August.

Strangely enough, but the hard fork in this form has a rather positive impact on the market. More and more people are buying Bitcoin, hoping to get a free BCC on August 1. No one ever refuses free money, especially if it is legal.




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