• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Tom Lee Reports Most Investors Lack Bitcoin Exposure

    Tom Lee Reports Most Investors Lack Bitcoin Exposure

    LuBian Wallet's $1.3B BTC Transfer

    LuBian Wallet Moves $1.3B in Bitcoin Post DOJ Action

    Bitcoin Whale Closes $500M Short Positions on Hyperliquid

    Bitcoin Whale Closes $500M Short Positions on Hyperliquid

    US DOJ to Seize 127,271 Bitcoin from Scam Network

    US DOJ to Seize 127,271 Bitcoin from Scam Network

    Bitcoin ETF Trading Volume Exceeds $1 Billion Rapidly

    Bitcoin ETF Trading Volume Exceeds $1 Billion Rapidly

    Farage Proposes Bitcoin Reserve and Tax Cuts in UK

    Farage Proposes Bitcoin Reserve and Tax Cuts in UK

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Pi Network Readies DEX Launch, Market Awaits Confirmation

    Pi Network Readies DEX Launch, Market Awaits Confirmation

    Ethereum Foundation Invests in Morpho's DeFi Protocol

    Ethereum Foundation Allocates 2,400 ETH to Morpho DeFi Platform

    Ethereum Foundation Deposits 2,400 ETH in Morpho Protocol

    Ethereum Foundation Deposits 2,400 ETH in Morpho Protocol

    Aptos and NBCUniversal Launch Blockchain-Based Rewards Platform

    Aptos Collaborates with NBCUniversal for New Web3 Platform

    Sui Targets $9.5 with SEC-Approved Yield Token Launch

    Sui Targets $9.5 with SEC-Approved Yield Token Launch

    Webus Integrates XRP for Tokenized Travel Rewards

    Webus Integrates XRP in New Reward Platform Initiative

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

BitMEX has Announced Plans to Settle all BCH Contracts with BCHABC, After the Hard Fork

Joshua T. by Joshua T.
November 10, 2018
in Latest News
BitMEX

Bitcoin Cash (BCH), a hard fork of Bitcoin (BTC) has been in the news recently as regards its forthcoming network hard fork. Despite the industry not yet sure of the likely direction the hard fork is going, and several exchanges and wallet suspending support for the coin pending the hard fork, a crypto exchange — BitMEX has not only announced plans to support the coin, but the exchange has also documented how it plans to support the coin. The exchange plans to settle all BCH contracts after the hard fork using Bitcoin Cash ABC.

BitMEX to Settle Contracts using BCHABC

The exchange made it known in a recently published blog post that, it will settle all BCH contracts done on its platform using the value of Bitcoin Cash ABC at that point in time.

The published post stated that:

“Bitcoin Cash is expected to conduct a hard fork upgrade on 15 November 2018. There are two competing incompatible hard fork upgrade proposals…Bitcoin ABC and Bitcoin SV. Therefore, there could be a chain split; users holding BCH prior to the hard fork could end up with coins on both sides of the split. On settlement, the BCHZ18 contract will settle at a price on the Bitcoin ABC side of any split and will NOT include the value of Bitcoin SV. This is consistent with the approach BitMEX took when Bitcoin Cash initially split off from Bitcoin in August 2017. The Bitcoin / USD contracts were settled based on the Bitcoin price at the time and did not reflect the price of Bitcoin Cash.”

Large Crypto Exchanges Declare support for BCH hard fork

The announcement of support by crypto exchanges such Binance, OKEx, BitForex, Huobi, Upbit, Coinbase Pro, Coinsup, etc during its hard fork period has been pointed out as the reason behind the peak in price the coin had recently. However, the coin has fallen about 6.17% in the last 24 hours.

Tags: BCHBCHABCBinanceBitMEX
Previous Post

A Beginner’s Guide to Soft Fork and Hard Fork

Next Post

Pure Bit, a South Korea Based Crypto Exchange has Pulled an Exist Scam—13,000 ETH Disappeared With it

Joshua T.

Joshua T.

Related Posts

Fed Governor Waller Discusses AI-Driven Productivity Gains

Fed Governor Waller Discusses AI-Driven Productivity Gains

by Solomon M.
October 16, 2025

Fed Governor Waller highlights AI's potential in boosting U.S. productivity at DC Fintech Week 2025.

Fed's Waller Advocates AI Disruption in Economic Growth

Fed’s Waller Advocates AI Disruption in Economic Growth

by Adriana M.
October 16, 2025

Fed Governor Waller emphasizes AI's potential long-term economic benefits, urging policymakers to embrace its disruptions.

Sony Applies for U.S. Crypto Banking Charter

Sony Applies for U.S. Crypto Banking Charter

by Joshua T.
October 16, 2025

Sony Bank's subsidiary seeks a U.S. crypto banking charter for stablecoin issuance and custody services.

ETHZilla Executes 1-for-10 Reverse Stock Split

ETHZilla Executes 1-for-10 Reverse Stock Split

by Solomon M.
October 15, 2025

ETHZilla Corp announces 1-for-10 reverse stock split to increase share price. No immediate impact on ETH or crypto markets.

Fed's Miran Advocates Rapid Rate Cuts Amid Trade Tensions

Fed’s Miran Advocates Rapid Rate Cuts Amid Trade Tensions

by Solomon M.
October 15, 2025

Fed Governor Stephen Miran calls for rapid interest rate cuts during U.S.-China trade tensions.

Erebor Bank Secures OCC Approval with Peter Thiel's Backing

Erebor Bank Secures OCC Approval with Peter Thiel’s Backing

by Joshua T.
October 15, 2025

Erebor Bank, backed by Peter Thiel, obtains OCC's preliminary approval for stablecoin operations.

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.