as part of the Bitcoin Cash release as explained in the FAQ: How is transaction replay being handled between the new and the old blockchain? From the FAQ: Why was a fork necessary to create Bitcoin Cash? After the Snapshot Event, these pre-event CSTs will convert automatically to the post-event on-chain tokens. CoinEx will not support BSV deposit and withdrawal until its chain is stabilized and all supporting services.g. Conclusion Unfortunately, the Bitcoin Cash announcement brings more questions than answers.
What is Bitcoin Cash? This will have the effect of margin funding being canceled and borrowers will need to restore their account to positive wallet balances in order to continue using the platform. BCH borrowers can hedge or estimate this liability with newly listed CSTs. These CSTs will provide pricing continuity through the Snapshot Event. On the basis of snapshot during the potential forking, we will allocate BSV to your accounts against a 1:1 ratio on your BCH assets. Users will be able to create or destroy these new CSTs in any amount using the Token Manager located in the Order Type drop down menu of the sidebar order ticket, or in the menu at the top of the. After the fork, we will release a BSV/BCH trading pair in CoinEx so you can buy or sell BSV. Low Fees, the ability to make reliable, fast, affordable transactions is a paramount tenet of Bitcoin.
What will the volumes on both coins be like? Wipeout is not a as much risk since this is a permanent fork (there are scenarios where one chains miners may attack the other, but this isnt in play yet). As a result of the active margin trading long position 10 BAB and 10 BSV will be credited and -5000 USD will be debited. First, it offers a much larger block size of 8MB. As an example: If a user holds 5 BCH and has and active 10 BCH/USD long margin trading position with a base price of 500 USD at the Snapshot Event, this user will see 5 BAB and 5 BSV credited based on his 5 BCH.
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