Dear BBX users:
The BCH (Bitcoin Cash) network is expected to undergo a hard fork on 15th November, 2020 (Singapore time). The upgrade may cause the main chain to fork into two chains, BCHA and BCHN. A hard fork may cause violent fluctuations in currency prices. To ensure the safety of funds, BBX platform will adjust the function of deposit/withdrawal and transaction:
- At 15:00 (GMT+8), 13th November, 2020, the BCH deposit and withdrawal functions will be suspended.
- BCH/USDT spot trading will be suspended at 17:00 (GMT+8) on 13th November, 2020.
- At 17:00 (GMT+8) 13th November , 2020, BCHABC-USDT and BCHUSDT contract trading will be stopped.
BCH contract settlement plan:
The positions of BCH standard and USDT contract will be closed at the average price of the corresponding index price 60 minutes before delivery, and all user pending orders will be cancelled. If the index price is abnormally manipulated 60 minutes before delivery, BBX may adjust the final delivery price to a reasonable level based on actual conditions.
In order to avoid the uncertainty of the final settlement price, it is recommended that users take the initiative to cancel or close your position before 17:00 on 13th November, 2020. After the BCH forking process is done, BBX will redecide the contract trading, and the detailed information, which will be announced later.
11th November, 2020
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