CEX.io to support Bitcoin Cash Hard Fork – Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN)

On November 15, 2020 the Bitcoin Cash network is scheduled to have a hard fork. It’s likely the current blockchain will split into two: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). This hard fork may result in the creation of an additional token.

bch hard fork

If that happens, CEX.​IO will support the fork and credit a new coin to all eligible users at a 1:1 ratio.

It shall be noted 3 hours before the fork on November 15 at 9:00 AM UTC, CEX.io exchange will stop BCH deposits and withdrawals for the safety of transactions.

This means if you have 50 Bitcoin Cash coins (BCH) before the fork, you will end up with 50 BCHN coins after the fork, but you must deposit your coins before the fork so that CEX.io can split the coins for you.

Once the fork has taken place, CEX.io will thoroughly test the network to make sure that transactions run safely and smoothly. Then CEX.io will bring BCH deposits and withdrawals back online. It might take up to a few hours after work.

Also, BCH trading on CEX.IO and on CEX.IO Broker will not be affected. Users will be able to trade during the hard fork. However, when trading BCH on CEX.IO Broker, please note that liquidations are possible under high price volatility.

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