Kraken Exchange enables ВСН transactions in a week after token charging

Kraken Exchange enables ВСН transactions in a week after token charging

Exchange, ranked 22 (of 170) according to bitmakler.com, announced the start of Bitcoin Cash transactions. Now, customers can deposit and withdraw this new cryptocurrency.

August 7, the website of Kraken cryptocurrency exchange informed that Bitcoin Cash deposits and withdrawals were available. But platform administrative personnel specified some details.

Now, one is requiring 20 confirmations to make a deposit, but the procedure will be simplified later if the amount of Bitcoin Cash miners increases. Besides, the BCH network may be potentially vulnerable for 10-20 days. And customers should take this risk into account, because they won’t obtain compensation if something goes wrong. Perhaps, this warning was caused by recent events: the Bitcoin Cash network was hacked between Saturday night and Sunday morning.

The message urges users to be careful and not to send Bitcoin Cash (BCH) to Bitcoin (XBT) address and vice versa: such deposits won’t be credited.

By the way, Kraken Exchange was one of the first to announce Bitcoin Cash support and distributed BCH tokens among users shortly after bitcoin split. But it enabled deposits and withdrawals of this cryptocurrency only in a week.

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