Gemini announces support for Bitcoin Cash


Gemini announced today that they will be officially supporting Bitcoin Cash this Saturday (December 8th, 2018). This came from their email newsletter.

Starting on Saturday, you will be able to deposit Bitcoin Cash into your Gemini account. Trading will begin on Monday, December 10th at 1pm ET.

You will be able to trade Bitcoin Cash against all other currencies available on the Gemini platform and you will also be able to participate in daily auctions for BCH/USD.

 At this time, we will only be providing support for the Bitcoin ABC network and we will be referring to it as Bitcoin Cash with ticker: BCH. We have added replay protection to all BCH withdrawals from the Gemini platform to ensure transactions are only valid on the Bitcoin ABC blockchain. Any cryptocurrency sent to Gemini over a blockchain that we do not support, such as Bitcoin SV (BSV), will be invalid and irrecoverable.

What about Bitcoin SV?

Gemini will be continuing to evaluate Bitcoin SV over the coming weeks or months, and they may or may not choose to support withdrawals and/or trading of Bitcoin SV in the future depending on their evaluation.

Our thoughts

It seems like Gemini is doing their best to keep up with the community’s expectations. Just recently, we reported that they were going to extend their block holiday trading to include zero-fees.


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Wilson

Wilson is a 3x Startup Entrepreneur. He is passionate about the cryptocurrency space. You can catch him tweeting about cryptocurrency often @itswilson8 You can also email Wilson directly at wilson@cryptomenow.com

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