Bithumb, Korea’s largest cryptocurrency telephone commutation past times volume, volition live on 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 2 days:
“Fee Free Event volition live on running from August third (Thurs) 18:00 KST to August quaternary (Fri) 18:00 KST”
Additionally,
Bithumb stated that Bitcoin Cash volition bring the “BCH” ticker, together with non “BCC,” which is currently used past times Bittrex, HitBTC, BitBay together with Bleutrade.
Bithumb previously said that Bitcoin Cash trading volition create on August 3, only today, Bithumb explained that a novel opening schedule volition live on released on Friday, August 4, 2017. The Korean telephone commutation equally good said that trading, deposits together with withdrawals of Bitcoin Cash bring 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 exceptional mining difficulty reduction algorithm was non activated, the charge per unit of measurement of novel blocks has picked upwards greatly over the past times 2 days.
So far today, xix novel blocks bring been found, together with yesterday, miners produced ten 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 bring already opened upwards Bitcoin Cash trading, however, many of BCH-supporting exchanges equally good made the determination to block traders depositing novel coins until novel blocks are industrial plant life at a steadier pace.
At press time, the Bitcoin Cash blockchain is valued at $7.1 billion, according to
CoinMarketCap, together with 1 BCH volition laid you lot dorsum close $433.
