Following the Bitcoin Cash (BCH) hard fork, BCH cryptocurrencies BCHSV and BCHABC are now listed on several different exchanges. Here’s where you can buy and sell the two cryptocurrencies after the historic fork.
Two Cryptos Resulted from the Bitcoin Cash (BCH) Fork
Following a much-publicized hard fork, leading cryptocurrency Bitcoin Cash (BCH) split into two unique coins: Bitcoin Cash SV (BCHSV) vs Bitcoin Cash ABC (BCHABC).
These two coins have their own blockchains, supporters and ideas of how the currency should progress. More specifically, the Bitcoin Cash (BCH) hard fork came about because both development teams wanted to make distinct changes to the protocol.
For one, BCHABC added oracles and the ability to create smart contracts. By contrast, BCHSV expanded block size.
What Happened After the Fork?
However, there are other places that users can now officially buy and sell BCHSV and BCHABC. Here’s where.
Secure cryptocurrency exchange Binance now allows users to trade BCHSV and BCHABC. Users who had BCH have both cryptocurrencies in the same amount of BCH they had at the time of the Bitcoin Cash fork.
Specifically, users can convert BCHSV and BCHABC to/from Bitcoin (BTC) and Tether (USDT). However, users cannot yet withdraw or deposit either cryptocurrency.
Kukoin, one of the exchanges with the lowest fees, has also enabled BCHSV and BCHABC trading. Specifically, you can convert either cryptocurrency to/from Bitcoin (BTC), Ethereum (ETH) and Tether (USDT).
Similarly, withdrawals and deposits are suspended.
HitBTC is the third cryptocurrency exchange that allows users to buy and sell either form of Bitcoin Cash. The only two available conversions are to Bitcoin (BTC) and Tether (USDT) on this exchange.
Similarly, you cannot access either BCHSV or BCHABC until the coins are ‘stabilized’. Like Kukoin and Binance, HitBTC does not indicate when this will occur.
This cryptocurrency exchange has only listed BCHSV. Currently, users can only convert BCHSV to Tether (USDT) and Bitcoin (BTC). However, Gate.io has stated that they will support BCHABC, as well.
Trading after the Bitcoin Cash Fork
The Bitcoin Cash fork has created two cryptocurrencies that continue to fluctuate in price. This means that exchanges have given limited access to trading, nevermind withdrawals and deposits.
In essence, the market remains uncertain as to which cryptos will survive, or if they’ll coexist.
However, this does not mean that you cannot buy/sell them. Three major exchanges are letting their users do just that—though you can’t yet trade one for the other.