Announcement No. 2020112301
To ZBG investors and project partners:
The Bitcoin Cash (BCH) hard fork has been completed. The BCHN node solution has inherited BCH’s original name, trading pairs, and price charts. Moving forward, "BCH" will explicitly refer to Bitcoin Cash Node.
ZBG will resume BCH/USDT trading at 16:00 (HKT) on November 23, 2020. Investors and projects are advised to prepare accordingly.
🔍 Key Updates
- Leverage Trading: Previously, OKEx enabled 3X leverage for BCH/USDT and BCH/BTC pairs (January 8, 2019).
- Risk Management: Past incidents (e.g., BSV contract anomalies) highlight the importance of monitoring market manipulation.
⚠️ Risk Disclosure
Cryptocurrencies are volatile investment products. ZBG, as a neutral trading platform:
- Does not guarantee investment returns.
- Encourages rational decision-making based on personal risk tolerance.
📅 Historical Context
BCH Hard Fork Impact (2018)
- Post-fork, BCH contracts tracked Bitcoin ABC.
- Index adjustments were made to reflect ABC’s price accurately.
- Users were warned of potential volatility during the transition.
❓ FAQ
1. What does "BCH" represent now?
BCH refers exclusively to Bitcoin Cash Node after the hard fork.
2. When did BCH/USDT trading resume?
November 23, 2020, 16:00 HKT on ZBG.
3. How does ZBG handle market manipulation?
👉 See ZBG’s compliance measures for details on fund recovery and penalties.
4. Is leverage trading available for BCH?
Yes, select platforms like OKEx previously offered 3X leverage (now suspended).
🌐 Connect with ZBG
- Global Domain: ZBG.IO
- Telegram: Official Chinese Group | English Group
- Twitter: @ZBGLOBLE
ZBG Team
November 23, 2020