On August 1, 2017, 12:20 p.m. UTC, a new cryptocurrency called Bitcoin Cash (BCC) will split off from bitcoin. All Bitcoin holders will receive Bitcoin Cash equivalent to their Bitcoin holdings. Different exchanges have announced their attitude towards the Bitcoin Cash. Some exchanges positive about BCC will take actions to deal with this particular hard fork. However, several well-knowned bitcoin trading platforms have issued the statements that they will not support BCC.
Bitcoin Exchanges NOT Supporting BCC
Bitstamp, the European Union-based bitcoin exchange, says BCC is an ‘Altcoin’ and will not support the protocol.
In the event of a User Activated Hard Fork (UAHF) on 1 August or thereafter, it is important to clarify that Bitstamp would not be in a position to support Bitcoin Cash (BCC), the coin associated with the Bitcoin Cash proposal. In Bitstamp’s view, BCC is an alt-coin and the decision to list BCC tokens remains at our sole discretion at all times.
CoinBase, the first Bitcoin trading platform, announces that they will not support the UAHF coin.
Coinbase will not support the new blockchain or its associated coin. Any BTC within customers’ accounts will remain accessible over the main blockchain only, and will not be converted into BTC on the UAHF chain.
GDX, the subset of CoinBase, will not convert BTC to the BCC.
ItBit, the institutional bitcoin trading platform claims that it will not support the UAHF outcome.
Bitmex, another well-known exchange has declared that they will not list BCC on their exchange.
Zebpay, Unocoin and Coinsecure, the three India exchanges do not plan to support other forked chain.
Bitcoin Exchanges Supporting BCC
Bitcoincash.org has listed some exchanges and wallets Supporting BCC. More exchanges may be added prudently.
In conculsion, the opinions are divided over whether BCC has a bright future or not in the heated debates across the Internet. Now all exchanges temporarily suspend exchanging Bitcoins services. Also, some exchanges are waiting for the results of bitcoin fork. Poloniex, the largest cryptocurrency exchange leaves the decision up in the air.
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