As the Bitcoin Cash hard fork approaches, several crypto exchanges are preparing to handle the upcoming upgrade. The next Bitcoin Cash upgrade is expected on the 15th of November.
According to a CryptoBriefing , a minimum of five crypto exchanges has declared support for both coins if Bitcoin Cash splits into two. Specifically, CryptoBriefing mentioned that Binance, FTX, Gate.io, OKEX, and Huobi Global support the upcoming fork.
As stated in the report, Binance believes that there would be a “chain-split between the two main BCH clients.” Likewise, Houbi Global announced that the exchange “will support the planned hard fork of BCH (Bitcoin Cash).”
To support the upgrade, Huobi Global further that the exchange would suspend all BCH Exchange trading pairs on the platform. The crypto exchange revealed its other plans to reduce potential trading risks during the fork.
In contrast, hardware wallet manufacturer Trezor said it would only choose and support one coin. In an , Trezor said: