Dear UEX Users:
To support the upcoming Bitcoin Cash hard fork, UEX will take a snapshot of all BCH balances at 00:40, November 16, 2018 (UTC+8). Deposits and withdrawals of BCH will be suspended from 15:00, November 15, 2018 (UTC+8).
As the Bitcoin Cash hard fork may result in two different chains, Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV), UEX will halt trading in all existing Bitcoin Cash markets, including BCH/BTC and BCH/USDT, at 00:40, November 16, 2018 (UTC+8). We will prepare for the two potential scenarios below:
Scenario 1: The Bitcoin Cash hard fork does not result in a second coin
In this scenario, UEX will resume trading on all original BCH trading pairs.
Scenario 2: The Bitcoin Cash hard fork results in a second coin being created
In this scenario, UEX will replace all Bitcoin Cash (BCH) balances with BCHABC and BCHSV, distributing each at a 1:1 ratio based on the aforementioned snapshot taken of Bitcoin Cash (BCH) balances. All BCH trading pairs will also be removed from the exchange.
Please note: Deposits and withdrawals will remain closed until we deem the forked blockchains and wallets to be usable and stable.
NOTE:
The final interpretation right of the events belongs to UEX.
Risk Warning: Digital currency is a high risk investment method. Investors are advised to purchase it carefully and pay attention to investment risk. UEX will continue to provide you with better products and better service!
UEX Team
November 15, 2018
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