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

Joshua Trelawen by Joshua Trelawen
November 10, 2018
in 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
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Joshua Trelawen

Joshua Trelawen

Blockchain Researcher | Investigations Reporter | Tokenomics and Liquidity Analyst
Joshua Trelawen is a senior crypto researcher and reporter whose work focuses on the evidence beneath market narratives. At TheCCPress, he covers fraud signals, liquidity shifts, whale behavior, tokenomics, and the structural weaknesses that often sit behind high-confidence crypto stories. He is a strong fit for coverage that needs more than commentary and requires a careful reading of data, incentives, and market behavior.

“A good investigation does not just identify what looks suspicious. It explains the structure that made it possible.”

Profile
- Gender: Male
- Born: September 1990
- Based: Tallinn, Estonia
- Company: TheCCPress
- Website: https://theccpress.com/
- Coverage Focus: Investigations, fraud, collapse, tokenomics, liquidity, power structures

Experience
Joshua has spent more than a decade working across crypto research, journalism, and market analysis. His background includes advising research teams, interpreting on-chain data, following liquidity movements, and writing for audiences that need both context and precision. At TheCCPress, that makes him an ideal fit for investigations and stories where token structure or capital flows are central to the truth of the story.

Background
Trained in economics and finance, Joshua built a professional reputation around translating complex data into readable reporting. Although his earlier work covered broad crypto and DeFi topics, his value to TheCCPress lies in his ability to investigate how ecosystems are funded, how narratives are sustained, and where risk is being disguised as innovation.

Achievements
Joshua has published deep-dive reports on DeFi hacks, whale behavior, liquidity risk, and token valuation. He is particularly strong when a story needs to move from rumor or public narrative into a more disciplined explanation of what the evidence can actually support.

Work Style
His work style is analytical, source-led, and skeptical without being theatrical. Joshua is most effective when he can take a complex market or token story and show readers the structure underneath it: where the incentives sit, where the pressure points are, and where the narrative does not hold.

Skills
His core strengths include on-chain analysis, tokenomics research, investigative reporting, market-risk interpretation, data-backed feature writing, and long-form explanatory journalism. He is most useful on stories that require technical confidence and editorial restraint at the same time.

Additional Information
Within TheCCPress, Joshua is a natural fit for investigations/fraud, investigations/collapse, power/vcs, and selected conflicts/company stories. He strengthens the site’s ability to investigate systemic risk and questionable market structures.

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