BCH Withdrawals and Deposits Re-Enabled on SFOX
Last week, we notified the SFOX community that we had re-enabled BCH trading and were waiting to determine that the network was sufficiently stable. As of today, November 26th, we have officially re-enabled BCH withdrawals and deposits, fully enabling BCH on our platform.
Our decision to re-enable BCH withdrawals and deposits comes after confirmation that both the BCH and BSV communities are ready and willing to support the two chains being permanently split via replay protection. Calvin Ayre wrote on behalf of CoinGeek today that they will work to “enforce civility” around the permanent splitting of the BCH and BSV blockchains: “We understand,” Ayre said, “that having nChain no longer fighting with them over roadmaps was the single most important issue to the [BCH] side. nChain tells me they are happy to leave [BCH] alone if they enact replay protection and do a permanent split.”
In light of the apparent resolution of the hashwar between BCH and BSV, we have determined that it is now safe to allow our clients to deposit and withdraw BCH through SFOX. We are continuing to monitor the progress of BSV and will continue to keep our community updated via our newsletter and blog as we determine whether or not to enable it on our platform.
If you have any further questions or concerns about BCH on SFOX, please contact us directly at support@sfox.com.
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The above references an opinion and is for informational purposes only. It is not intended as and does not constitute investment advice, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any cryptocurrency, security, product, service or investment. Seek a duly licensed professional for investment advice. The information provided here or in any communication containing a link to this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject SFOX, Inc. or its affiliates to any registration requirement within such jurisdiction or country. Neither the information, nor any opinion contained in this site constitutes a solicitation or offer by SFOX, Inc. or its affiliates to buy or sell any cryptocurrencies, securities, futures, options or other financial instruments or provide any investment advice or service.
