Gemini adds Bitcoin Cash to its trading platform

Monday 10 December 2018 14:14 CET | News

Crypto exchange Gemini has announced support for Bitcoin Cash on its platform, with trading and custody activities being expected to start on 10 December 2018.

With the addition of Bitcoin Cash (BCH), Gemini supports five cryptocurrencies on its crypto exchange: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Zcash (ZEC), and lastly, Bitcoin Cash (BCH). However, its support for the bitcoin cash network is limited to BCH ABC, and the ticker BCH will be used for it, which means that the other fork of the BCH network, namely Bitcoin SV will not be supported on the platform.

Moreover, as per Gemini’s announcement, all BCH withdrawals from the exchange will only be valid on the ABC blockchain, and any funds sent to the platform over the Bitcoin SV blockchain will be invalid and irrecoverable.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Gemini, Bitcoin, trading, cryptocurrency, blockchain, crypto exchange
Countries: World