Bitcoin Cash $BCH launching at LCX Exchange
by LCX Team · · Updated June 11, 2021
We are excited to announce support of Bitcoin Cash (BCH).
LCX is launching Bitcoin Cash(BCH) at LCX Exchange today. Deposits are now open. Trading will start tomorrow with two trading pairs BCH / LCX and BCH / EUR.
Start trading Bitcoin Cash (BCH)
Launch LCX ExchangeBitcoin Cash is a cryptocurrency like Bitcoin, which works as a peer-to-peer electronic cash system that aims to become dependable global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks).
In 2017, the Bitcoin project and its community divided into two over concerns about Bitcoin’s scalability. The result was a hard fork that created Bitcoin Cash, a new cryptocurrency considered by supporters to be the legitimate successor of the Bitcoin project as peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash. Bitcoin, which the pseudonymous Satoshi Nakomoto invented, remains a separate cryptocurrency. Unlike Bitcoin BTC, Bitcoin Cash(BCH) aims to scale to meet the demands of a global payment system.
Customers can sign up for a LCX account here to deposit $BCH today.
Deposits:
Starting from today Thursday, June 3rd, 2021 at 08:00 PM CET, customers will be able to transfer $BCH into their LCX account. Customers will be able to transfer this to their LCX Exchange wallet or place trading orders when the trading starts.
Trading Pairs:
BCH/ LCX starting on Friday, June 4th at 01:00 PM CET
BCH / EUR starting on Saturday, June 5th at 01:00 PM CET
How to deposit Bitcoin Cash(BCH)?
- Navigate to LCX Accounts > Wallet
- Scroll down to $BCH
- Click on the “Deposit” tab next to $BCH. Your deposit address will be presented to you.
- Send $BCH to this address
Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.