Bithumb, Korea’s largest cryptocurrency telephone substitution past times volume, volition travel giving its clients 0-fee trading for 24h inwards tandem amongst the launch of Bitcoin Cash trading pairs. In today’s weblog post, Bithumb said the advertisement volition solely run for ii days:
“Fee Free Event volition travel running from August third (Thurs) 18:00 KST to August fourth (Fri) 18:00 KST”
Additionally,
Bithumb stated that Bitcoin Cash volition accept the “BCH” ticker, as well as non “BCC,” which is currently used past times Bittrex, HitBTC, BitBay as well as Bleutrade.
Bithumb previously said that Bitcoin Cash trading volition start out on August 3, only today, Bithumb explained that a novel opening schedule volition travel released on Friday, August 4, 2017. The Korean telephone substitution too said that trading, deposits as well as withdrawals of Bitcoin Cash accept been delayed due to the unstable production charge per unit of measurement of novel blocks on the Bitcoin Cash blockchain:
“Up until August third 12:00 KST, Bitcoin Cash has been showing instability on the block production or fifty-fifty on the deposit/withdrawal.”
Although miners on the Bitcoin Cash network produced solely 3 blocks on August 1st, equally the particular mining difficulty reduction algorithm was non activated, the charge per unit of measurement of novel blocks has picked upward greatly over the past times ii days.
So far today, xix novel blocks accept been found, as well as yesterday, miners produced x novel blocks equally the difficulty dropped off substantially, according to information from Blockdozer.com. At press time, the Bitcoin Cash blockchain is running at a quarter of the primary blockchain's difficulty.
Majority of exchanges accept already opened upward Bitcoin Cash trading, however, many of BCH-supporting exchanges too made the determination to block traders depositing novel coins until novel blocks are institute at a steadier pace.
At press time, the Bitcoin Cash blockchain is valued at $7.1 billion, according to
CoinMarketCap, as well as 1 BCH volition laid you lot dorsum most $433.
