BCH Hard Fork - Bitcoin Candy Online for Trading on Jan 13th
Dear CoinEx users:
On January 13th, 2018, at block height of 512666, a hard fork will happen on Bitcoin Cash (BCH) blockchain and create a new blockchain asset - Bitcoin Candy (Token: CDY; Website: www.bitcoincandy.one). Bitcoin Candy (CDY) adopts an 8MB blocksize limit and Difficulty Adjustment Algorithm (DAA). CDY supports GPU mining with EQUIHASH algorithm and has a total supply of 21 billion.
CoinEx will be the first in the world that supports trading of CDY tokens on Jan 13th 2018. And to provide maximum protection for customer assets, we will make the following arrangements:
Allocate Bitcoin Candy (CDY) at 1:1000 ratio
On January 13th, 2018 (Block height 512666), CoinEx will take a “snapshot” of every user’s BCH balance at the fork time. On the basis of “snapshot”, we will allocate CDY to your accounts against a 1:1000 ratio on your BCH assets.
BCH deposit and withdrawal will remain available during BCH forking period.
CDY/BCH trading pair launches
After the fork, we will release a CDY/BCH trading pair in CoinEx so you can buy or sell CDY.
CDY Deposit & Withdrawal
CoinEx will not support CDY deposit and withdrawal until CDY chain is stabilized and all supporting services e.g. wallet are available. Please refer to our official announcement for more information.
Note: We suggest you deposit your BCH to CoinEx as early as possible before the fork to avoid any loss and we will guarantee 100% safety of all your assets with CoinEx.
Please feel free to drop an email to firstname.lastname@example.org if you have any questions.
CoinEx reserves the rights of final explanation for this statement.