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Author Topic: What is the difference of these two Bitcoin Cash symbols?  (Read 282 times)
Lionidas
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July 31, 2017, 06:48:32 PM
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As yobit has released the bitcoin cash tokens under the symbol BCC in which everybody knows it as.

But not I see HitBTC release it as this BCCF https://hitbtc.com/exchange/BCCF-to-BTC

for bitcoin cash "futures".

So which one is the right one  Huh

Or am I sposse to be under the impression they will be naming for their own respective trading symbol on each and every exchange for the same coin?

This is very confusing then if that happens. Embarrassed

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July 31, 2017, 06:53:58 PM
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Here is the official announcement on behalf of what Hitbtc is doing with this hard fork and the coins you hold with them:

BCCF on HitBTC

Our statement on BitcoinCash support
Dear traders,

Since the Bitcoin improvement proposal (BIP-91) had been agreed on, it seemed like Bitcoin crisis is averted and the market-shaking fork won’t take place. Bitcoin development community decided to embrace the software upgrade called SegWit2x, which aims to increase network’s transaction capacity.

But it turns out that still there are controversies left to resolve. BitcoinCash (BCC) development team had announced that they will go ahead with a fork on August 1st. The essence of their project is to increase the block size to 8 Mb, providing protection from replay and wipeout attacks. And they do not support SegWit. Hard fork is extremely likely to expect.

Our mission here is to protect your funds and provide you with the most flexible and up-to-date market tools. From now on you are able to purchase BitcoinCash futures (BCCF) right here on HitBTC, even before the hard fork. Trading pairs to BTC, ETH and USD are available. Once hard fork takes place, these futures are going to be transformed into BCC.

Also those of you who store a certain amount of BTC on their accounts, will receive the same amount of BCC. We assure you that all Bitcoin funds, stored on exchange, will be safe before, during and after the fork process.

For further information you are welcomed to contact our support team.

HitBTC Team

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