Fellow Binancians,
The Bitcoin Cash (BCH) hard fork was completed at a BCH block height of 661648, with a chain split occuring that resulted in a new forked coin from the minority chain in Bitcoin Cash ABC (BCHA).
The Bitcoin Cash Node (BCHN) client received a large majority of signaled support from BCH miners leading up to the hard fork and will thus assume the Bitcoin Cash (BCH) name, historical BCH trading k-line data and also existing BCH trading pairs.
BCH deposits and withdrawals have now resumed.
The forked coin from the minority chain, Bitcoin Cash ABC (BCHA), has now also been distributed to all Binance users based on a snapshot of all user BCH balances at 2020/11/15 12:00 PM (UTC), at a ratio of 1 BCH = 1 BCHA. Users will be able to check their BCHA in the Distribution History section of their user dashboard.
Binance will also list Bitcoin Cash ABC (BCHA) in the Innovation Zone and we will open trading for a BCHA/BUSD trading pair at 2020/11/18 11:00 AM (UTC).
Please note that BCHA deposits and withdrawals are currently suspended. We will continue to monitor the BCHA network and will open deposits and withdrawals once we deem the network to be secure and stable.
BCHA Listing Fee: 0 BNB.
Reminder:
- The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
- Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
- BCHA is a relatively new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to BCHA âs fundamentals and fully understand the project before opting to trade.
Please note:
- BCH in sub-accounts were combined and attributed to the calculation of BCH holdings in master accounts. BCHA has been distributed to master accounts only.
- To view your BCHA balances, please ensure that you have not ticked âHide small balancesâ in your wallet page.
Details:
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.
Thanks for your support!
Binance Team
2020/11/18
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