The contentious Bitcoin Cash hard fork occurred shortly after the 15th November at 16:40. After 2 days of tense hash battle, it is apparent that the chain with the sustained longest proof-of-work is the ABC chain. As per Voltaire’s policy to support Nakamoto Consensus, we’ll be listing the ABC chain under the BCH ticker and all future pairs (ETH, GUSD, LTC) will be paired likewise.

BCH Deposits and Withdrawals Continue

Voltaire has resumed BCH deposits and withdrawals. This means you can use your Bitcoin Cash coins as usual and continue to take advantage of no trading fees on our BTC/BCH pair.

There has been a change in the number of network confirmations required on a deposit to withdraw your coins from Voltaire:

Deposits require 1 network confirmation to start trading

Withdrawals require 6 network confirmations on any deposits

We’ll relax this measure as soon as we observe an increase in network stability.

If you have not split your coins, you may continue to use Voltaire as normal but please be aware that you may broadcast transactions on both networks unintentionally. In the period between Voltaire adding support for the SV chain and the transaction you make, your coins on the SV chain (BSV) will not be available.

SV chain support

We’re working to allow users to deposit and withdraw coins on the SV network. All users who had BCH in their Voltaire account at the time of the fork will receive coins in their SV balance in a 1:1 proportion. Voltaire will list the SV coins under the BSV ticker and will introduce a BSV/BCH trading pair before the end of the year, in line with our roadmap to support Ethereum and Litecoin.

Nakamoto Consensus

We respect the decision of companies in the space to continue to support the SV chain and are open to the possibility that the SV chain may overtake the ABC chain in the future. Our partnerships and upcoming integrations with HandCash are still go.

If you have any questions or concerns, please reach out at hello@voltaire.cash

Happy trading!