Famous U.S. based cryptocurrency exchange Kraken has warned its customers against the risks of trading the new bitcoin cash fork, Bitcoin SV, according to the announcement posted in cryptocurrency blog on Sunday.
It was stated by Kraken that while it has credited BCH SV tokens to its clients since the fork and has also launched trading for it, the new cryptocurrency token does not meet Kraken’s listing requirements and, therefore, should be seen as an extremely high-risk investment.
The exchange also pointed out that the supply of tokens is temporarily constrained due to limited wallet support. It means that miners currently appear to be operating at a loss.
Hard fork of the fourth largest cryptocurrency by market capitalization, bitcoin cash took place on November 15. After the hard fork the network split into 2 chains: bitcoin ABC and bitcoin SV that began tщ compete with each otherю
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