Categories: Bitcoin CashNews

Kraken and Bitfinex both announce the support for Bitcoin Cash & Bitcoin ABC Hardfork

Two more digital assets exchanges have announced the support for the upcoming Bitcoin Cash hardfork. They are Kraken and Bitfinex, two of the largest exchanges in the world. The Bitcoin Cash hardfork is supposed to take place on November 15th.

According to the announcement by Bitfinex,

“Bitfinex will complete a full account snapshot of Bitcoin Cash balances at UNIX time 1542300000, i.e. 16:40 UTC, November 15th. Deposits and withdrawals of BCH will be suspended as of 15:30 (UTC), November 15th.”

Kraken, on the other hand, would be completely shifting to Bitcoin ABC. According to Coinness,

“Kraken will start following and supporting Bitcoin ABC which will be following the plan of expansion published by Bitcoin Cash. On the day of the fork, the crypto exchange will make their Bitcoin Cash wallets specifically support Bitcoin ABC.”

Exchanges and Services that support the hardfork

Almost every major exchange has announced the support for the Bitcoin Cash hardfork. Coinbase & Binance were the first one to announce the support for the hardfork. Huobi too has announced the support for the hardfork.

BitPay becomes the latest service provider to announce the support for the hardfork.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

How Blockchain Works: When Transactions Are Also Settlements, Reconciliation Disappears

Introduction: Revolutionizing Finance One Block at a Time In the world of finance, speed, trust,…

42 mins ago

Tokenization News: $4T Bank JPMorgan Launches Onchain Fund on Ethereum

Revolutionizing Finance: JPMorgan Dives into Tokenization with Ethereum-Based Fund In a landmark move for traditional…

7 hours ago

BTC is Crashing Again: Bitcoin Price Falls Below $87,000 Today as $200 Million Wiped Out in Minutes

Bitcoin's Sudden Plunge: What Happened? In a shocking turn of events, today, triggering a massive…

7 hours ago

Bittensor just halved its supply. Here’s what that means

Bittensor just halved its supply. Here’s what that means In a pivotal moment for the…

10 hours ago

Blockchain in Energy Market to Reach USD 154.7 Billion by 2035

Blockchain in Energy Market to Reach by 2035 The world of energy is changing fast.…

16 hours ago

UK Treasury Drawing Up New Rules to Police Cryptocurrency Markets

UK Treasury Drawing Up New Rules to Police In a bold move to safeguard consumers…

16 hours ago