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A major US currency exchange, Coinbase, now allows its users to withdraw Bitcoin SV balances (BSV) to external portfolios, according to an announcement published Feb. 14.
BSV appeared after a heavy fork in the Bitcoin Cash (BCH) blockchain in November of last year. The forum resulted in two new plays; Bitcoin SV and Bitcoin ABC. The camp for Bitcoin SV (Satoshi's Vision) was led by Australian computer scientist Craig Wright, who had previously declared Bitcoin creator Satoshi Nakamoto.
After the difficult range, Coinbase users holding BCH received an equal amount of BSV. However, until now, the exchange did not offer the opportunity for users to withdraw their BSV. From now on, Coinbase customers can send their BSV balance to an external portfolio. In today's announcement, Coinbase indicated that it still does not offer services for the purchase or sale of BSV on its platforms.
After taking the decisive step, US-based Kraken began to take over BCH's two platforms, while warning that "losses suffered by attacks from nChain or its affiliates would be socialized among all holders of BSV on Kraken. Given the unstable state of the network and the threats that have been uttered, Kraken can not guarantee a perfect BSV custody. "
In January, Blockchain.com, a provider of cryptocurrency portfolios and statistics, announced that it had launched partial support for BSV, leaving its users with some of the same options with BSV as with its four other cryptocurrencies. hosted – Bitcoin (BTC), BCH, Ethereum (ETH). and Stellar (XLM).
According to CoinMarketCap data, BSV recorded slight losses that day, falling 2.91% and trading around $ 62.70 at the time of publication. On its weekly chart, the altcoin saw its lowest price hit $ 61.50 on February 8, and a high of $ 67.04 on February 8.
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