Binance Announces New Addition of a Few BCHABC and BCHSV Bitcoin Cash Fork Trading Pairs
One of the biggest exchanges in the crypto ecosystem, Binance, has recently announced that they will be adding more trading pairs to the existing trading pair list.
— Binance (@binance) January 21, 2019
Starting at 2019/01/22 10:00 AM (UTC), Binance will open trading for BCHABC/TUSD, BCHABC/PAX, BCHABC/USDC, BCHSV/TUSD, BCHSV/PAX and BCHSV/USDC trading pairs. Earlier one could only trade using BTC and the stablecoin Tether (USDT).
As usual, the announcement attracted criticisms from the users who are still angry about the hardfork which is said to have worsened the crypto winter. A user said
“How about delisting instead?” To which another realized, “Exactly, please delist it, all bitcoin fork is a scam.”
Even though, many were not too excited about the listing some did seem a bit happy, especially with having an option of additional stable coins.
Both BCHABC and BCHSV have been the center of controversies. However, many traders are using these controversies, which has led to increased volatility when compared to other coins, for their profits. It is only those traders that will be excited by this announcement.
Bitcoin SV, which has fallen behind even TRON with a market cap of $1.3 Billion, sees very less trading. The daily trading for SV is a meager $50 million. BCHABC is still doing a bit better with a daily trading volume of over $200 million and is ranked 4th when it comes to market cap.