AnnouncementsMaintenance[Updated] BCH deposits & withdrawals to be suspended on November 14, 2020, at 08:00 UTC due to BCH hard fork

[Updated] BCH deposits & withdrawals to be suspended on November 14, 2020, at 08:00 UTC due to BCH hard fork

Published date: November 3, 2020 at 00:08 (UTC+0)

*11/19 Update: BCHN has gotten the majority of miner activity, while BCH ABC has been all but abandoned. As such, BCHN will continue under the ticker of BCH on ProBit Global.

ProBit Global will also list Bitcoin Cash ABC (BCHA) on , the new forked coin from the minority chain Bitcash ABC.

 

On November 15th at approximately 12:00 UTC, the Bitcoin Cash (BCH) blockchain is planning to undergo a hard fork. It is possible that there may be a chain-split between the two main BCH clients, BCHN and ABC. You can monitor miner signaling between the two here: https://cash.coin.dance/blocks

After the fork has been completed and ProBit has verified that the chain has stabilized and is operating as normal, BCH deposits and withdrawals will be re-enabled. The BCH ticker will represent the chain with the most work done. Please check this announcement again to see if BCH will refer to BCHN or BCH ABC.

If the fork results in two competing chains, users will be credited with the BCH from the chain with the most work done.

If the minority chain receives sufficient traction, defined as maintaining 10% of the original hashrate, ProBit will eventually enable users to withdraw their coins on the minority chain. A snapshot will be taken pre-minority chain distribution, and any users with a BCH balance at this time will be credited with the equivalent assets on the minority chain. Depending on the demand of the minority chain, ProBit may or may not list the coin.

 

Thank you for your support,

ProBit Global