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ViaBTC suspends Bitcoin Cash (BCH) Deposits due to Fork

Earlier today ViaBTC users received the following notice from the exchange:

BCH Deposit & Withdrawal Suspension Due to Hard Fork

Dear ViaBTC users,

At the UNIX timestamp 1542300000, Bitcoin Cash will execute an upgrade of the network consensus rules. For more information, please visit https://www.bitcoincash.org/

We would like to confirm support for Bitcoin Cash (BCH) hard fork. BCH deposit and withdrawal will be suspended in ViaBTC beforehand and we will take snapshots of all BCH assets in ViaBTC.

BCH Withdrawal & Deposit Suspends: 12:00 November 14, 2018 (UTC)
Snapshots: 16:00 November 14, 2018 (UTC)

If any new assets are generated due to BCH hard fork, these new assets will be allocated to all BCH holders against their BCH holdings in ViaBTC accounts according to the result of the snapshots. Please refer to our latest official announcement for more details.

After the hard fork is completed and the main network is stabilized, we will notify all users via official announcement when BCH withdrawal and deposit service is restored.

ViaBTC will protect your assets
ViaBTC will guard your assets even if there’s no replay protection.

Note:
1. Please DO NOT DEPOSIT BCH during the suspension to avoid any unnecessary asset loss!
2. BCH mining in ViaBTC will not be affected.

Thank you for your support!

Two large exchanges, namely Coinbase and Binance, will credit the newly forked coins to users who maintain BCH with them at the time of the fork.

Binance has not yet stated whether they’ll provide trading pairs for the newly forked coin immediately, though one may assume that to be the case in the short term.

Links

Understand the controversial Bitcoin Cash fork of late 2018

Viabtc Founder Reveals BCH Fork Idea Called Bitcoin Cat

BCH Deposit & Withdrawal Suspension Due to Hard Fork

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Published by Crypto Bill - Bill is a writer, geek, crypto-curious polyheurist, a dog's best friend and coffee addict. Information security expert, encryption software with interests in P2P networking, decentralized applications (dApps), smart contracts and crypto based payment solutions. Learn More About Us