Cryptocurrency exchange Binance has some great news for Investors and the community members of the Bitcoin Cash (BCH) project as it announced that its platform will be supporting the upcoming hard fork of Bitcoin Cash (BCH).
In the announcement less than a few hours ago, the exchange notified its users that BCH deposits and withdrawals will be suspended a few minutes prior to the 4 pm time of the hard fork on November 15th.
Deposits and withdrawals will resume following an announcement from the exchange, shortly after the snapshot is completed.
Prior to this announcement, it has seen the price of Bitcoin Cash (BCH) Spike in Value. Bitcoin Cash was rising by 6.87% and was trading for $453.14. The cryptocurrency held a market cap of $7.9 billion with a 24-hour market volume of $311.605 million.
The exchange has warned its customers to leave enough time for deposits to be processed before it has been suspended. They even confirmed that they will handle all technical specifications required for customers holding Bitcoin Cash in their Binance accounts.