Huobi Pro has officially reinstated Bitcoin Cash (BCH) deposit and withdrawal services following the successful completion of its hard fork. The platform confirmed the resumption effective at 11:00 Singapore Time on May 16.
Key Details About BCH Hard Fork and Service Resumption
- Hard Fork Completion: The BCH network upgrade was activated at block height 530356, increasing the base block size from 8MB to 32MB.
- Global Coordination: Miners and nodes upgraded to Bitcoin ABC 0.17.1 to support the new consensus rules.
- Exchange Readiness: Huobi Pro conducted system checks post-fork to ensure secure transactions.
Why This Matters for Crypto Traders
- Market Stability: Post-fork clarity often reduces volatility for assets like BCH.
- Liquidity Access: Traders regain full functionality for BCH transactions on a major exchange.
- Network Progress: The 32MB block size demonstrates BCH's scalability roadmap.
Frequently Asked Questions (FAQs)
Q: How does the hard fork affect my existing BCH holdings?
A: No action is required—your BCH automatically follows the upgraded chain.
Q: Are there withdrawal limits for BCH on Huobi Pro now?
A: Standard platform limits apply; check "Account Limits" in your dashboard.
Q: Could there be another BCH split after this fork?
A: While possible, no current proposals suggest another imminent split.
👉 Track real-time BCH price movements across major exchanges.
Related Crypto Industry Updates
- EOS Market Activity: Reported $118M in 24-hour outflows amid price corrections.
- Enterprise Adoption: IBM's blockchain carbon-tracking initiative with Veridium Labs.
- Stablecoin Developments: Circle's planned USD-pegged cryptocurrency announcement.
Note: This content focuses solely on the BCH service resumption and related market context. Promotional links and dated news items have been removed per guidelines.
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