Bittrex Will Support Bitcoin SV

Bittrex is the latest to add its name to the list of exchanges supporting the Bitcoin Cash hard fork Bitcoin SV.

One benefit of Bittrex is that they stated they will take all reasonable measures to credit users with SV. This means it is one of the few exchanges who explicitly said they will credit users with the forked token (most other exchanges just said they will support the fork, or will credit users if both chains appear to be stable and viable, and a few have only announced support for ABC).

Bitcoin SV is considered a “contentious” hard fork which may result in a chain split. There is also no replay protection present so Bittrex must undertake extra measures to ensure that in the event of a chain split, user tokens are preserved on both chains. There may be delays in Bitcoin Cash deposits and withdrawals for some time due to these extra measures.

To provide the best experience for our customers, Bittrex will take all reasonable steps to ensure that customer funds can be preserved on both chains. Bittrex will make all reasonable attempts to credit our users BSV chain split tokens. We will not recover incorrectly made cross chain deposits under any circumstance due to the lack of replay protection.

Please see our main page on the Bitcoin Cash hard fork or see Bittrex’s page on the fork.

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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