Poloniex backs down and will add Bitcoin Cash sometime between now and August 14
In the end, Poloniex will add the Bitcoin Cash coin to its pool and will give users the corresponding amount according to the Bitcoin it had and this will happen between now and August 14 of this year.
Today we are pleased to bring you news that will brighten your morning. During the last few days there has been quite a bit of controversy with Bitcoin Cash on Poloniex, as the platform advised that it would not support the cryptocurrency resulting from the Bitcoin hardfork. As we all know, on August 1, the now famous Bitcoin fork took place and Poloniex said absolutely nothing more about it. Between the early hours of Wednesday and Thursday in Spain, Poloniex registered serious activity problems, being down for a few hours.
Well, they posted a note a few hours ago explaining that the hesitation when it comes to accepting BCH (this is how they name Bitcoin Cash), is due to the fact that they want to guarantee the security of operations on their network and the security of user files. The note also states that they will credit the amount of Bitcoin that users had in their accounts at the time of the fork and that they will give them the corresponding amount in BCH. So finally, Poloniex will enable Bitcoin Cash on its platform and it ends with hours of bickering about it.
When will this happen? Well, they have said that this will happen between now and next August 14 of this year. Of course, they have made it clear that this is because they do not see clearly the entry of BCH as a market in Poloniex and that they cannot commit to supporting BCH withdrawals immediately, that said withdrawal capacity of BCH's capital depends on the stability of the network, which is not under the control of the Poloniex team.
The situation is quite tense between Poloniex and Bitcoin Cash and it seems that the path will not be easy, but that in the end, we will have Bitcoin Cash enabled. It's funny, how one of the largest exchange houses in the world has gone a bit crazy on this issue and is hesitating until the last moment in the incursion of this cryptocurrency. The problems of the network, to which it refers, it is also true, that they have not been seen anywhere, since at the moment the network works well, the only thing that has occurred is crazy in terms of the value of this cryptocurrency , which has rocked like crazy.
