Bitcoin trading volumes at Coinbase – s GDAX down, Type Houtvezelplaat

Bitcoin trading volumes at Coinbase - s GDAX down, Type Board

The latest announcement by Coinbase and GDAX that they will not permit their customers to withdraw Bitcoin contant may have had a knock on effect on trading at the exchange with Bitcoin trading volumes appearing to have significantly fallen.

A hardfork on August 1 that will split Bitcoin into Bitcoin Metselspecie (BCC) and Bitcoin Core (BTC) has again cause a little turbulence ter the market. While there have bot no giant statements from other cryptocurrency exchanges and wallet providers, Coinbase and GDAX have stated that they will not be providing their customers Bitcoin Contant.

This stand has angered a number of petite and big blockers considering that BCC, which has already commenced trading on ViaBTC, has garnered fair share of attention with prices stable at the $550 mark. ViaBTC is permitting trading ter BCC by freezing the BTC until after the split.

The stance by Coinbase and GDAX may prove to be a enormous negative for the two with more and more bitcoiners withdrawing to a wallet or another toneelpodium.

This could have bot one of the reasons why GDAX has fallen to tenth position te trading volumes. The statement hasn’t gone down well with Ethereum volgers spil well because GDAX, which usually held very first spot te trading volumes for the cryptocurrency, has fallen to fifth.

Unlike GDAX it is expected that all exchanges will be taking a more cooperative stance and will permit their customers to withdraw the Bitcoin Specie (BCC) and some of them could even list the fresh crypto for trading.

OKCoin has said it will suggest trading of BCC for CNY, dollars and BTC. Ledger Wallet has also stated they will support BCC.

Coinbase and GDAX have bot intensely criticized for their stance on BCC with some even claiming that the two will be committing theft if they do not permit their customers to withdraw BCC.

The statement by the two is most likely forcing users to stir away from the two by being safe rather than sorry at a zometeen date.

Related movie: Avoid Coinbase Fees with GDAX – How to Zekering Paying Coinbase Fees


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3 Responses

  1. caligrl1111 says:

    I think this is a fine case probe moving forward when other coins split, even tho’ I didn’t support Bcash I did want everyone to have to capability to access their rightful tokens. The argument now is everyone should be responsible for their deeds and Coinbase laid out their project of act weeks ahead of the hardfork. However I reminisce when Poloniex had to zekering serving residents te one state and many of those members never got an email or warning when logging on the webpagina. I’ll keep an eye out on the story even I don’t know who’s right or wrong on this one.

  2. RobLeeWa says:

    Your BCH is now ter your Coin Almohadilla account, and if they did it for safety like they say I’m fine with it. Now that the Fattest Brokerage is supporting BCH wij will see a big dump ? or a slow Pump ?

  3. JessLovebugxo says:

    Yes, I will do a celebratory dance te vuurlijn of the idiots who repeated the same misinformation on this thread. Again, simply because a financial company warns people ahead of time of potential misconduct does not eliminate the liability.

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