Binance has completed the Bitcoin Cash ABC (BCHA) rebrand to eCash (XEC) and redenomination, and has also opened deposits and withdrawals for XEC.
- XEC deposits will require 11 block confirmations before being credited to user accounts.
- If an amount of XEC is deposited to an account, a withdrawal restriction of the same USD value will be imposed on the account until 11 XEC block confirmations have completed on the corresponding deposit.
- Binance will adjust future block confirmation requirements based on XEC network stability.
- Deposits and withdrawals of Bitcoin Cash ABC (BCHA) are no longer supported.
For further information, please refer to the following: Binance Will Initiate the Bitcoin Cash ABC (BCHA) Rebrand to eCash (XEC) & Redenomination Plan
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.