Reminders for Coins.pH and Coins.pH Pro BCH USER.

On November 15, 2020 8:00 
PM Philippine time,
Bitcoin Cash network 
would undergo a scheduled
protocol change. 

Because of competing proposals between Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN) on the planned changes within the roadmap, it's likely that a token would be forked from the most Bitcoin Cash network as a results of the upgrade.

Although thereby early 
indications that's one 
among the proposals has 
received broader industry 
adoptions, we'll monitor the 
stated of the Bitcoin Cash 
network and supported the 
dominants BCH version

Which can continue as Bitcoin Cash on the Coins.ph platform.

In order to secured your BCH while the upgraded is happening , measure's are going to be implemented on Coins.ph and Coins Pro beginning on November 15, 2020 at 7:00 AM (PHT). These measure's are going to be in effective until it's cleared that the BCH network is already stable:

Sending,
Receiving, and Converting 
Bitcoin cash in Coins.ph are 
temporary disabling

Bitcoin Cash trading in 
Coins Pro are temporary
suspension. 

Any open orders of Bitcoin 
cash in Coins Pro are
automatically cancelled.

During the downtime, our team will worked to required care of the technicality requirements and monitoring developments so customers don't need to take any specifically actions for this upgrade. we'll also save a record of customer Bitcoin Cash balances in Coins.ph and Coins Pro. Please noted however that incoming transactions which haven't received 12 confirmation counts before the downtime won't be included within the balance snapshot.

If the minority proposal received enough supports after the chained split, Coins.ph would determines if a redemption would be possible, almost like the past Bitcoin SV fork. Please note that the redemption isn't guaranteed and that we recommended moving your Bitcoin Cash balances to an external wallet if you would like to own full control of your funds, additionally because the resulting splits.

We would re-enabled the Bitcoin Cash services once it's cleared that the network is stable.

If you've got any questions, please reach out to our team at help@coins.ph.