Subscribe
July 1, 2026
Sign In

Capitalizations Index – B ∞/21M

Menu
Breaking
Bitcoin Hard Fork Explained: How Blockchain Splits Occur The Impossibility of a Global Bitcoin Ban by Governments Bitcoin’s Smart Contracts: Less Flexible than Ethereum How Bitcoin Miners Earn Through New Coins and Fees Bitcoin’s Future: Miners Rely on Transaction Fees Post-Mining

Poloniex Offers Pre-Fork Trading Ahead Of Bitcoin Cash Hard Fork

Circle | The new shape of money
Poloniex offers pre-fork trading ahead of bitcoin cash hard fork

Poloniex Offers Pre-Fork Trading Ahead Of bitcoin Cash Hard Fork
Poloniex offers pre-fork trading ahead of bitcoin cash hard fork

Starting today, Poloniex is offering customers the option to trade two tokens at the center of the debate about the pending bitcoin Cash (BCH) hard fork: bitcoin Cash ABC (BCHABC) and bitcoin Cash SV (BCHSV).

We believe the responsible thing to do in this case is remain neutral and allow the community to decide which chain to support, and we want to empower the community to demonstrate their support through trading activity. This is the first time we are offering pre-fork trading and it is part of a broader effort to make Poloniex one of the most innovative exchanges in the world. Going forward, we will evaluate each hard fork individually and decide whether to support the fork or to offer pre-fork trading.

Pre-fork trading is available for the following pairs: USDC/BCHSV, USDC/BCHABC, BTC/BCHSV, and BTC/BCHABC. Customers can convert bitcoin Cash into equivalent amounts of BCHABC and BCHSV and, also convert BCHABC and BCHSV back into BCH if they’d like to withdraw funds. Customers won’t be able to withdraw BCHABC and BCHSV ahead of the hard fork.

Poloniex offers pre-fork trading ahead of bitcoin cash hard fork

Importantly, customers don’t have to take any action ahead of the fork if they don’t want to participate in pre-fork trading. We will be supporting trading for both bitcoin Cash ABC and bitcoin Cash SV after the planned hard fork on November 15th.

For additional details, please see here. As always, we welcome feedback. Please reach out to us on Twitter or through our Support Center.

-The Poloniex Team

Previous Article

French Lawmakers to Lower Cryptocurrency Tax by 6 Percent

 Next Article

Lawyer: Don’t Overestimate Bakkt’s Impact on the Crypto Market

You might be interested in …

Fortune Goes All-Out For Bitcoin As Coinbase CEO Admits ‘Bubble’

Fortune has devoted the entire front page of its first 2018 edition to bitcoin, announcing it has “all the answers” about its behavior this year.

A bitcoin ‘Platypus’

In an extensive analysis of the potential upsides and downsides for investors over the next twelve months, the publication focuses on bubble fears and includes some surprises from cryptocurrency industry figures.

“Just like the platypus is not good at being a reptile, a beaver, a duck, or an otter, but it’s great at being a platypus,” Blockchain Capital’s Spencer Bogart told the publication in discussing bitcoin’s status.

bitcoin is not good at being a currency, a commodity, or a fintech company, but it’s great at being bitcoin. It’s creating its own category and asset class.

Mainstream media outlets have turned broadly negative on the largest cryptocurrency over the past weeks as prices cool off from highs of $20,000. That cryptocurrency, in general, is in a bubble has become a go-to theme for many publications, while some have conversely taken to championing specific coins at the expense of bitcoin, notably CNBC and Russia Today with bitcoin Cash.

Armstrong Warms To Bubble Theory

Brian Armstrong, CEO of embattled US wallet and exchange Coinbase, meanwhile “confided,” as Fortune describes it, that the bubble narrative is a “probable” explanation after all.

Speaking about the overall total cryptocurrency market cap, Armstrong declared:

We probably are in a bubble. […] We haven’t really earned the value of that half trillion.

Deserving or not, that market cap is expected to continue trending upwards, with bullish investor Mike Novogratz forecasting a one-of-a-kind “global” bubble unlike any other:

The fact that this is our first global mania… will make this the single most speculative bubble of our lifetimes.

Should that perspective hold true, cryptoassets’ utility will likely prove crucial in allowing them to retain value and prevent spectacular investor losses.

That topic is especially pertinent to Ripple in the first week of 2018, as unprecedented price highs are countered with criticism that the platform’s XRP token is less than reliable due to client businesses not needing to actually use it.

What do you think about bitcoin’s treatment by mainstream media? Let us know in the comments below!

Images courtesy of AdobeStock

The post Fortune Goes All-Out For Bitcoin As Coinbase CEO Admits ‘Bubble’ appeared first on Bitcoinist.com.

Goldman Sachs Still Not Ready to Hold Crypto Assets

BTCMANAGER Goldman Sachs Still Not Ready to Hold Crypto Assets Goldman Sachs digital assets market head brushed off the possibility of the bank holding crypto assets for their customers, saying that it’s still unviable from […]

Sr. Blockchain Engineer

Sr. Blockchain Engineer + The ability to articulate the pros/cons of current blockchain implementations beyond Ethereum. We are seeking a curious and motivated engineer who is as… Payette GroupSan Francisco, CA From Payette Group 5 […]

Close Menu