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The word 7, Bitcoin Cash fans have ascertained that Gemini is listing BCH in the exchange interface this weekend. From 1 August it took 15 months for the Gemini to list the currency. The cryptocurrency exchange will also add BCH with five trading pairs including USD, BTC, ETH, LTC and ZEC.
Eric Winer, Gemini's vice president of engineering, announced that Bitcoin Cash seeks to "build the original Bitcoin's goal and become an electronic cash system". In addition, he gave a little light to the news on the fork of Nov. birth of BSV, the company explains that the BCH ticker will be assigned to the ABC side of the fork.
We are pleased to announce that Bitcoin Cash (BCH) is now available on Gemini! On Saturday, we will start accepting Bitcoin Cash deposits and trading will open on all currency pairs on Monday. For more information, please visit our blog on @Medio https://t.co/KchBr1wUc3
– Gemini (@Gemini) December 7, 2018
BCH will not be accessible to BSV support
Recently Bitcoin Cash, divided into two distinct networks and blockchain: Bitcoin SV and Bitcoin ABC. Winer's post detailed that will support Bitcoin ABC and will refer to it as Bitcoin Cash Ticker. He also said that any cryptocurrency sent to Gemini on Bitcoin SV will be invalid and unrecoverable. Further elaborating that in the future, they may or may not choose to support withdrawals or trading via Bitcoin SV.
The BCH supporters were so pleased with the news that the trading platform will finally add Bitcoin Cash. Also on 6 December, BSV revised BCH based on the capitalization of the currency market. From the announcement Gemini BCH is in fifth position.
In addition, Winer said the company worked closely with the New York State Department of Financial Services (NYSDFS) to list BCHs. Gemini and Winer members believe the New York company is "the purse and custodian of the most regulated cryptocurrencies in the world". BCH will also be available for the Gemini cryptocurrency custody business model which aims to attract institutional investors.
What do you think of this recent launch of BCH? Should they take withdrawals or negotiate via BSV? Share your thoughts on chirping and the pages of Telegram.
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New York-based Cryptocurrency Exchange Gemini launches Bitcoin Cash Cash
Description
Cryptocurrency exchange Gemini explained that BCH will be available for trading on the platform this weekend.
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Admin
Publisher name
Coinpedia
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