Saturday, August 5, 2017

‘Bitcoin cash’ prices fall by 57 percent, while some investors must wait until 2018 to receive their tokens

‘Bitcoin cash’ prices fall by 57 percent, while some investors must wait until 2018 to receive their tokens

Two of the world's largest digital currency exchanges have changed their minds and decided to support the new asset "bitcoin cash", but customers will have to wait until January 2018 to gain access to their tokens.


"We've examined all of the relevant issues and have decided to work on adding support for bitcoin cash for Coinbase customers," David Farmer, director of communications at Coinbase, posted online on Thursday. An almost identically worded press release was posted by GDAX.


"We are planning to have support for bitcoin cash by January 1, 2018, assuming no additional risks emerge during that time."


Coinbase, which claims to have 9 million users, and its subsidiary the Global Digital Asset Exchange (GDAX) initially told customers they could not safely support the new crypto currency created on Tuesdayon their exchanges, citing concerns about the asset's stability and security.


Full story at http://cnb.cx/2utA1Ed


Source: CNBC


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