Binance will list both BCH chains, but CZ tweets that the symbols won't change

17 Nov, 2018
by Richard Allen
News
Binance will list both BCH chains, but CZ tweets that the symbols won't change

Prior to the chain split, several cryptocurrency exchanges came out saying which side they’d support. Like others, Binance announced that it would support both ABC and SV. CEO Changpeng Zhao tweeted recently though that Binance will not support a change in trading symbol.

CZ made his opinion regarding the split public on Thursday when he tweeted “I still prefer chopsticks, they coexist in parallel, and compliments each other.” Yesterday CZ announced via twitter Binance will not be supporting a change in trading symbols for either ABC or SV. It’s unfortunate for the new coins as their symbols are not particularly appealing, which may hinder adoption. Additionally, the days when Bitcoin Cash exploited its confusingly close branding to that of Bitcoin could be over.

The consensus is supportive of CZ’s decision:

Recently, crypto news site and the largest Bitcoin Cash miner CoinGeek released a statement explaining that the currently unfolding hash war won’t be decided within the next day or two, but more likely in the coming weeks.

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