Bitcoin Cash Soars By 7% Following An Announcement By Binance, Confirming Support Of The Upcoming Hard Fork.
Following an announcement by popular cryptocurrency exchange Binance- confirming their support for Bitcoin Cash’s upcoming hard fork, BCH prices have spiked. On November 15, Bitcoin Cash will be undergoing a hard fork. This will see the network update their protocol and update some of its features.
The exchange also went on to add that they will be suspending deposits and withdrawals of BCH a couple of minutes before 4 pm, when the hard fork is scheduled to take place. Binance’s approval of the hard fork shows that they trust the new protocol will better than the one in use right now.
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