BitMEX to Settle Contracts using Bitcoin Cash ABC After BCH Hard Fork

With the Bitcoin Cash (BCH) hard fork date quickly approaching, plenty of cryptocurrency enthusiasts are anxious as to how many crypto exchanges will support the event. We have had the likes of Binance, Coinbase, Ledger and BitMEX announcing their plans to handle the hard fork. In the case of the latter exchange, the team has just announced additional information as to how the platform will support the hard-fork on the 15th of November.

BitMEX to Settle Contracts Using Bitcoin Cash ABC Price

In a blog announcement that was also distributed to all users of the exchange via email, the team at BitMEX has advised that they will settle BCH contracts after the hard fork based on the value of Bitcoin Cash ABC. The email announcement went on to state the following:

Bitcoin Cash is expected to conduct a hardfork upgrade on 15 November 2018. There are two competing incompatible hardfork upgrade proposals…Bitcoin ABC and Bitcoin SV. Therefore, there could be a chainsplit; users holding…

Read Full Story : Ethereum World News

2018-11-10 07:38:08

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