Futures contracts on Bitcoin Cash (BCH) on the OKEx exchange faced immediate scheduled delivery on November 14, ahead of the trading lockdown for the upcoming hard fork.

BCH prices are under pressure as selling has overtaken the coin ahead of the uncertain fork outcome. BCH lost more than 8% in the past 24 hours, sinking to $479.19, in effect erasing all the positive effects of the November 15 event.

OKEx delivered immediately three contracts, BCH1116 (weekly), BCH1123 (bi-weekly), BCH1228 (quarterly) as of 8:05 UTC this Wednesday. The exchange will cover the losses from the established community fund.

The upcoming BCH hard fork, which may arrive wit…

This article appeared first on Cryptovest

Like this: Like Loading...