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Huobi to list new Bitcoin Cash ABC fork as BCH

18 Nov, 2018
by David Robb
News
Huobi to list new Bitcoin Cash ABC fork as BCH

Although the Bitcoin Cash (BCH) hardfork hash war isn't officially over, Huobi has called it for the apparent victors, BCH ABC. The leading exchange will be listing the ABC chain as the official BCH token.

Read more: BCHABC wins by a neck, BCH will be split permanently moving forward

The official statement about Huobi's decision says that Bitcoin Cash's ABC fork will retain the BCH designation, while the SV chain will be listed with the symbol BSV. Deposits will open on November 19 for both tokens, and BCH tokens will be redistributed 1:1 to holders of BSV. Observers were mostly supportive of the decision, although some pointed out that Roger Ver's project doesn't have much more credibility than that of Craig S. Wright.

Kraken was the first major exchange to take a stand on the chain split. It officially declared that it would be supporting BCH ABC as the official BCH token before the hardfork and hash war even went ahead.

Read more: Kraken will only support BitcoinABC in upcoming Bitcoin Cash hard fork

Meanwhile, Binance will be remaining relatively neutral on the future of Bitcoin Cash. CEO CZ has made some relatively dismissive comments about hardforks on his Twitter, and the exchange has taken the step of supporting both the BCH ABC and BCH SV chains without declaring either to be the 'real' Bitcoin Cash. The tokens will be listed as BCHABC and BCHSV.

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

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Read more about:Bitcoin Cash (BCH)Huobi

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