The trading platform for Kraken is warning its users to the currency of BCHSV


The trading platform for Kraken is warning its users to the currency of BCHSV

 By Arab Bit team on 2018-11-19
The US-based currency trading platform, Kraken, has warned users of the risks surrounding the circulation of the new BCHSV coin, one of two competing versions of the digital currency created when the Cash split was split during Operation Hardback Which occurred last weekend.

BCHSV currency does not meet the requirements for insertion on Kraken
The Kraken platform said in a blog on Sunday that while allowing customers to trade BCHSV, they do not believe that the currency does not meet the usual listing requirements at the platform and should be considered a very high risk investment.The traders of this currency, and the absence of portfolios that protect against the recurrence of transactions of this currency.

In addition, the platform reported that the supply of the digital currency was "temporarily restricted" due to limited support by the portfolio, while its metals appeared to be operating at a loss. Moreover, the future existence of the BCHSV currency may be exclusive to some cluster chains, especially since its representatives - Craig Wright - threaten to strike other series of balksins. The platform also said that some major currency owners had already suggested they would launch a dump.

HardFork Cash Cookie
The hardfork operation of the cash currency was conducted on 15 November, when two different currency issuances were found and each one headed by its metals. Therefore, two new currencies were formed as a result: BCHABC and BCHSV.

Prior to HardDork, the platform announced that it would only support BCHABC, but in its latest publication, she said, BCHSV will support the deployment of the protocol and roadmap by nChain, the company that is leading the SV application.SV users, she explained:

"Losses arising from attacks originating from nChain or its affiliates will be distributed to all BSV holders in the platform. Due to the volatile state of the network and the threats that have been issued, the Kraken platform can not guarantee the new currencies saved "
The platform currently monitors both networks and will not open deposit or withdrawal services for any new split currency until the network is secure.

According to data from CoinMarketCap, the BCHSV code has been traded in the range of US $ 70 to US $ 138 since Hardford, currently priced at around US $ 88. While BCHABC is trading largely between $ 250 and $ 300 since Hurdfork and is currently traded at $ 233