Withdrawals for both bitcoin cash (BCH) and bitcoin SV (BSV) are now open on the Coinex exchange, providing an easy way for BCH holders to split the two cryptocurrencies, which separated off from each other following the recent hard fork.
Coinex Opens BCH and BSV Withdrawals
Coinex has announced that BCH and BSV withdrawals are now available on the platform. The company said this was done following “technical evaluation and testing,” but caution is still advised. The Hong Kong-based cryptocurrency exchange is one of the few platforms to promise to split the two tokens for customers who send them as unsplit, pre-fork BCH coins. It has provided an easy option for anyone who wants to separate the coins and withdraw them to different wallets.
Coinex was founded in December 2017 and counts mining giant Bitmain among its investors. The exchange offers a wide range of crypto assets to be traded against BCH, bitcoin core (BTC), ether (ETH) and a couple of USD-pegged stablecoins. It has a native token, CET, which can be traded as well.
Market makers are not charged fees, while market takers pay a somewhat low 0.10 percent on trades. Coinex also processes over-the-counter trades and offers referral rewards. It supports multiple languages and provides trading services in about 100 locations around the world.
If you are looking for other ways to split your coins, possibly without going through an exchange, check out news.Bitcoin.com’s recently published DIY guide.
What should Bitcoin Cash users do with their BSV coins? Share your thoughts in the comments section below.
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