Dear Valued Users:
The Bitcoin Cash (BCH) network has processed the hard fork successfully on 2020/11/15. There are currently two chains, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). Matrixport respects the opinions and consensus of the community and thereby implemented BCHN (Bitcoin Cash Node) to BCH. Since there are still some uncertainties after the hard fork, Matrixport will keep track of the updated news from the community.
Matrixport will execute the following plans:
1. BCH Deposits & Withdrawals
Matrixport will resume the deposit service of BCH on 2020/11/17 at 18:00(GMT+8), and the deposit address of the forked coin will be the same as BCH’s, there is no concern about the transaction replay.
2. Forked Asset (BCHA) Operations
About the forked asset (BCHA) operations, Matrixport will credit users with the BCHA at a ratio of 1:1 based on the snapshot of BCH assets of accounts on 2020/11/15 20:00 (GMT+8). Matrixport does not support the BCHA deposit and withdrawal functions at the moment, please stay tuned for further announcements.
3. BCH Spot Trading
Matrixport will resume the BCH spot trading service on 2020/11/18 at 21:00(GMT+8). BCHA spot trading is not supported at this time.
4. Financial Services
Matrixport will start using BCHN index to monitor its Crypto-backed Loan products, Leveraged bull/bear products, and DeFi products. The above products and relevant airdrop token BCHA will be supported soon. Please stay tuned for further announcements.
Matrixport team
2020/11/18