/ trading

Kraken on the "Bitcoin Cash" (BCH) hard fork

  • Kraken plans to support BCH on our platform for funding and trading in the pairs BCH/XBT, BCH/USD, BCH/EUR

  • Clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH) - e.g. 1 XBT will result in 1 XBT + 1 BCH

  • Clients borrowing Bitcoin (XBT) for margin positions at the time of the fork will be debited an equal amount of Bitcoin Cash (BCH) - e.g. if you borrow 1 XBT you must pay back 1 XBT + 1 BCH

  • Margin traders should read the blog post carefully to understand the added risk and how margin trading will work across the fork

  • The BCH fork is planned for 12:20 pm UTC on August 1

  • Bitcoin (XBT) funding will be halted at 11 am UTC and resumed sometime after the fork when it is safe to do so

  • Trading will continue across the fork, but we may need to halt trading briefly around the time of the fork so we can adjust balances and add pairs