Malta-based cryptocurrency exchange OKEx expressed that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH.
This is according to an official statement that was released recently.
The statement read that the sixth largest crypto exchange would alter the ticker of Bitcoin Cash ABC from BCHABC to BCH. It would also modify the Bitcoin Cash SV ticker from BCHSV to BSV. The ticker switch would happen at 5 a.m. UTC+1 on Dec. 13.
Spot trading of both BCHSV and BCHABC would be halted while all remaining balances of the original Bitcoin Cash would be settled and taken away from users’ accounts. Spot trading would commence two hours after the initial suspension.
Bitcoin Cash ABC has earned the BCH ticker on other major exchanges. On December 8, the Gemini crypto exchange established by the Winklevoss brothers broadcasted that it would “only be providing support for the Bitcoin ABC network,” which it states will be identified on the platform as “Bitcoin Cash with ticker: BCH.”
Back in October, United States-based wallet service and exchange Coinbase made an identical decision, while claiming it would “continue to evaluate the safety of the BCH SV chain.”
Coinbase remarked that it sided with the ABC camp because of “a number of factors including the fact that ABC has a higher hashrate and a longer proof-of-work (PoW) chain.”
Bitcoin Cash divided into Bitcoin Cash ABC (Adjustable Blocksize Cap) and Bitcoin Cash SV (Satoshi’s Vision) in a hard fork that was the result of a network update on November 15. Since that event, Bitcoin Cash ABC — advocated by crypto evangelist Roger Ver — appears to have emerged victorious.
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