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Crypto Exchange OKEx To List Bitcoin Cash ABC Under Original Ticker BCH

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Cryptocurrency exchange OKEx said it will change the ticker of Bitcoin Cash ABC to BCH, the original Bitcoin Cash ticker, from BCHABC. Further, the ticker of Bitcoin Cash SV will be changed to BSV from BCHSV. The changes are effective from 5am UTC+1 on December 13.

In a statement, the company said the spot trading of BCHABC and BCHSV will also be suspended. All remaining balance of the original BCH will be settled, and the asset will be removed from users' account. The spot trading services of BCH and BSV are expected to resume two hours after the initial suspension.

The Malta-based company, the sixth largest crypto exchange, also announced the termination of original BCH futures trading.

Bitcoin Cash, which had emerged as a result of a hard fork from bitcoin in mid-2017, split into Bitcoin ABC, or core Bitcoin Cash, and Bitcoin SV short for "Satoshi's Vision" in a hard fork on November 15.

Bitcoin Cash ABC was led by developer group Bitcoin ABC, and Bitcoin SV was led by blockchain research company nChain.

Gemini, founded by the Winklevoss brothers, on December 8 announced that it will only be providing support for the Bitcoin ABC network, which will be identified on the platform as Bitcoin Cash with ticker: BCH.

Coinbase in late October said it sided with the ABC camp due to a number of factors including the fact that ABC has a higher hashrate and a longer proof-of-work or PoW chain.

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