The Japanese cryptocurrency exchange CoinCheck yesterday, March 18, announced that all BCH holders on the exchange during the hard forks BitcoinCash on November 18, 2018 will receive a fiat yen instead of BSV coins.
At the same time, the marketplace does not report the date of payment, in order to avoid possible manipulations with the course of the BSV fork.
“Regarding the date and time of the planned event, there is a possibility that the BSV market price may be subject to manipulation, so we do not make a public date announcement,” the exchange notes and promises to report on payments after the fact.
This draws attention that the payment will not receive the accounts blocked at the time of the event, as well as those accounts that received BCH during the period of suspension of BCH trading related to the hard forks network (2:52:01 November 16, 2018 to 11:00 March 18, 2019 years, local time). In this case, compensation may be charged at a rate lower than the market rate, and an established commission is charged for the withdrawal of the Japanese yen.
It is worth noting that this news did not affect the fork rate, which is being traded, at the time of publication, in the region of $ 66.33 per 1 BSV, having fallen in price a little more than 1% per day.