Since the last Thursday, we are experiencing truly phenomenal behaviour of the cryptocurrency market. Over the last few days, Bitcoin price significantly went down, whereas Bitcoin Cash skyrocketed up to five times. Due to extraordinary demand for Bitcoin Cash, Bitcoin miners abandoned the blockchain leaving it with 150,000 transactions pending. The affair had a huge impact on a range of crypto exchanges and Changelly as well. Many of our users got frustrated facing abnormal delays and transaction failures. We understand it and sincerely apologize for the anxiety and waiting seemed endless. In this article, we would like to tell you everything as it happened these days.
Bitcoin Cash, Bitcoin ABC, BCC, BCH, BTCC, Bcash – all is the same. The currency locked in on August 1st, making a great noise ever since. Many of cryptocurrency users still cannot tell the difference between two coins. In this article, we are about to explain what Bcash stands for and what the buzz is all about?
Bitcoin Cash (BCC / BCH, both are correct) appeared occasionally as the Bitcoin fork. It was launched on August 1st and made a great noise ever since. For all those who want to exchange their (BCC / BCH) obtained during the hard fork and buy the original currency that keeps skyrocketing, here is our step-by-step guide.
Bitcoin is the most outstanding and demanded cryptocurrency. From now on, it has a replicant, Bitcoin Cash (BCC / BCH, both tickers are correct) locked on August, 1. Changelly initiated Bitcoin cash support on the next day, so you can buy it for a credit card, 50+ altcoins, Ethereum and original BTC, of course. We’re about to explain how to exchange Bitcoin Cash (BCC / BCH) on Changelly just in a few clicks. Let’s buy it for original Bitcoin.
Bitcoin, the most prominent cryptocurrency is on its way to increasing capacity. On August 1st, it divided into two rival versions. In this article, we are about to explain in simple words what was going on and look into possible outcomes and scenarios.
We would like to notify you that on August 1st, the Bitcoin blockchain will hardfork. This may lead to separated cryptocurrencies, the original Bitcoin (BTC) and the new Bitcoin Cash (BCC).
Whatever the outcome might be, the updates will influence blockchain stability. For this reason, on July 31 we will temporarily stop the trades until the network comes back to normal. It means that for a short while you will be unable to trade Bitcoin pairs on Changelly. Unfortunately, we can’t predict the timelines when Bitcoin gets back.
However, most probably that certain popular crypto pairs will still remain available for trading (e.g. ETH-LTC).
We strongly suggest you to keep your Bitcoins on wallets that provide your private keys. After the hard fork you will be able to import the keys and receive BCC in BTC equivalent. Store the keys in a safe place nobody else has access to.
We will keep an eye on the major trading platforms to see how the hard fork influences the market. Depending on these factors, we may consider BCC to be listed on Changelly.
If you have any questions about the forthcoming hard fork, feel free to contact us at [email protected]