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Coins.ph emailed me earlier about the upcoming bitcoincash (BCH) protocol that is expected to take place on November 15, 2020 at 8:00PM (PHT). It says that multiple proposals have been made in the BCH community which could mean that different versions of Bitcoin Cash may be created after the upgrade.
I know that if you are using coins.ph wallet, you also know about it and you already read about this.
They say that in order to secure your BCH while the upgrade is taking place, the measures will be implemented on Coins.ph and Coins Pro beginning on November 15, 2020 at 7:00 AM (PHT). These measures will be in effect until it is clear that the BCH network is already stable:
Temporary disabling of sending, receiving, and converting Bitcoin Cash in Coins.ph wallet.
Temporary suspension of Bitcoin Cash trading in Coins Pro,
Automatic cancellation of any open orders of Bitcoin Cash in Coins Pro,
It says that Coins.ph wallet will continue to monitor developments and work on technical requirements as required. Rest assured that you don’t need to take any specific actions while this upgrade takes place. You may also check for updates on https://status.coins.ph and check for FAQs here.
If you have any questions or clarifications, you may tap their email and send them a Message in your app or email them at email@example.com.
Thank you for your continuous support.
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