Gemini Community Welcomes Bitcoin Cash Support for Trading On the ABC Network

Live trading is set to begin on Monday, December 10th at 1 pm ET. Until then users can deposit Bitcoin Cash (BCH) into their accounts.

Bitcoin Cash (BCH) is the fifth digital asset in the trading portfolio of Gemini, next to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC).

Gemini explained that, at least for the moment, the platform would "just support the Bitcoin ABC network."

Eric Winer, VP of Engineering at Gemini, said that Gemini is still evaluating the Bitcoin SV and any amounts of Bitcoin SV sent to Gemini will be invalid and irreversible.

Bitcoin Cash’s hard fork resulted in two new cryptocurrencies – Bitcoin Cash (BCH) and Bitcoin SV (BSV). What was regularly described as a "war" in the crypto community forums finished when Bitcoin SV supporter and entrepreneur Calvin Ayre stated that Satoshi’s vision does not need the Bitcoin Cash name.

Gemini’s VP of Engineering also stated that the platform is “the most regulated cryptocurrency exchange,” based on their work with N.Y. State Department of Financial Services (NYSDFS) for listing Bitcoin Cash for depositing and trading.

In October, Gemini also brought Litecoin (LTC) onboard its platform. Winer emphasized Gemini’s commitment to “banking compliance”. Litecoin was listed again with the help of the NYSDFS. Winer also stated that Gemini’s philosophy is to provide “security-first” products and services.