Which version of Bitcoin Cash should I choose when trading on Binance?

3 answers

• Dec 16, 2021 · 3 years ago
  When trading Bitcoin Cash on Binance, you have the option to choose between two versions: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash Node (BCHN). These versions emerged from a hard fork in November 2020. BCHABC is the original version of Bitcoin Cash, while BCHN is a community-driven version. Both versions have their own supporters and development teams. It's important to note that Binance supports both versions, so you can trade either one. The choice between BCHABC and BCHN ultimately depends on your personal preference and your assessment of their respective communities and development progress.
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• Dec 16, 2021 · 3 years ago
  If you're a trader looking for stability and continuity, you might consider trading Bitcoin Cash ABC (BCHABC) on Binance. BCHABC is the original version of Bitcoin Cash and has been widely adopted by exchanges and businesses. It has a larger community and more established infrastructure. On the other hand, if you're interested in supporting a more community-driven and decentralized version of Bitcoin Cash, you might choose to trade Bitcoin Cash Node (BCHN) on Binance. BCHN is backed by a passionate community and aims to prioritize decentralization and community governance.
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• Dec 16, 2021 · 3 years ago
  When trading Bitcoin Cash on Binance, you can choose either Bitcoin Cash ABC (BCHABC) or Bitcoin Cash Node (BCHN). Both versions have their own merits, so it's important to do your research and consider your trading goals. If you're looking for stability and a more established ecosystem, BCHABC might be the better choice. However, if you're interested in supporting a more community-driven and decentralized version, BCHN could be the way to go. Ultimately, the decision is yours to make based on your own preferences and risk tolerance. Remember to stay informed about any updates or developments related to both versions.
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