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Bitcoin Cash ABC Snags the BCH Ticker on OKEx

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sludgefeed.com 11 December 2018 17:03, UTC
  
Reading time: ~2 m

Hong Kong-based OKEx has officially announced that Bitcoin Cash ABC will be relisted under the old Bitcoin Cash (BCH) ticker, marking another win for the controversial fork.

BCHABC & BCHSV: We will change the ticker of Bitcoin Cash ABC from BCHABC to BCH, and that of Bitcoin Cash SV from BCHSV to BSV at 5am Dec 13, 2018 (CET, UTC +1).#OKExAnnouncementhttps://t.co/MP2UqWsBv9

— OKEx (@OKEx) December 11, 2018

Bitcoin Cash ABC has now gained the BCH ticker on most major exchanges, including Coinbase, and was even added as the fifth digital asset available on the Gemini platform with USD, BTC, ETH, LTC and ZEC pairs.

Notably, both Coinbase and Gemini have been hesitant to list BSV, citing concerns over the safety of investor funds. However, OKEx does not share this sentiment and trading services of both BCH and BSV are expected to resume on Dec 13 at 07:00 (UTC +1).

Interestingly, Bitcoin Cash was briefly passed by Bitcoin SV in market cap last week, leaving the “winner” of the fork very much in question. Over that period, BSV also saw significantly higher trading volume but has since fallen below BCH.

While gaining the BCH ticker is a clear win for the ABC community, the damage to the Bitcoin Cash brand from the recent fork could ultimately prove to be the lasting outcome.

BCH and BSV are currently the 5th and 7th largest coins, respectively, in the AltDex 100 Cryptocurrency Index (ALT100).


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