Bitcoin SV is getting left behind by exchanges

Bitcoin SV is getting left behind by exchanges
Nov 21, 2018 03:24 PM By: Ben Noble | 1566 Views

Yesterday, Coinbase all but sealed the destiny of Bitcoin SV (BCHSV), dooming the branched proposal to uncertainty but listing its opposition, Bitcoin ABC (BCHABC).

Coinbase officially stated that the ABC chain would require the title of Bitcoin Cash, forward with its ticker BCH; the exchange also figured that trading for cryptocurrency would continue next week.

Speaking on BCHSV Coinbase communicated that they would support the withdrawal of the crypto but no evidence of any such trading guide:

"Our current intention is to support withdrawal services for the BCH SV chain so that our customers may withdraw funds at a future date. We anticipate this development work will take at least a few weeks but may take longer." 

This report follows the news that the Kraken exchange chose to change their previous arrangement and implement support for BCHSV, but on their blog post they allowed a hint:

“WARNING: Bitcoin SV does NOT meet Kraken’s usual listing requirements. It should be seen as a very high-risk investment. There are several red flags that dealers should be informed of.”   

It appears BCHSV may be showing this change. As previously announced an SV node allegedly felt a block re-organization, something which is typically suggestive of an attack on the network.

#Bitcoin SV #Exchanges


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