Bitcoin Cash (BCH), the novel digital currency that split upwards from the psyche Bitcoin network on August 1, made its debut today on South Korea’s largest exchange, Bithumb. In early on trading, South Korean speculators as well as investors pushed BCH to a daily high of 959,000 KRW, or simply about $850.00 at electrical flow telephone commutation rates.
At press time, BCH is trading on Bithumb at an effective USD toll of $571, which is to a greater extent than than double the telephone commutation rates currently quoted on Bitfinex, Bittrex, ViaBTC as well as HitBTC.
While BCH preparation has been active for several hr straightaway on Bithumb, the higher prices could last due to the fact that deposits as well as withdrawals are all the same disabled.
Bithumb said inward a disceptation today that Bitcoin Cash transfers volition last allowed at some point, but no details were given,
“The opening appointment of Bitcoin Cash(BCH) deposit/withdrawal service volition last given through farther notification.,” said Bithumb.
Moreover, Bithumb's BCH/KRW span has seen $96 1000000 inward turnover as well as thus far today! For comparison, the combined 24h BCH book of Bittrex, Bitfinex, HitBTC as well as Kraken, comes out to $82 million.