BitYaris supports the upcoming Bitcoin Cash Hard Fork that is going to take place on 15th November 2018. On completion of the fork, we shall announce the timing of the resumption of the deposits and withdrawals.
The crypto community works with a single goal in mind. It is to establish the Bitcoin Cash network as a perfect alternative to the Fiat Currency. However, there are differences galore in this industry that affect the future of a certain blockchain, the Bitcoin Cash Network. Resolving these differences require other cryptocurrency exchanges to support the potential forked BCH protocol upgrade.
The cryptocurrency competing chain, Bitcoin Cash, hard forks its blockchain twice a year for integrating and activating scheduled protocol upgrades. The next hard fork is due to happen on 15th November 2018. This event requires every cryptocurrency exchange to support it. BitYaris, an upcoming cryptocurrency exchange has pledged its support for this Bitcoin Cash Fork.
BitYaris proposes to do the following to ensure the support. We will take a snapshot of all Bitcoin Cash balances at 05:01:19 AM (UTC) on 15th November 2018. It will result in the suspension of all deposits and withdrawals at 04:05:49 AM (UTC) on 15th November 2018. We assure that BitYaris will handle the entire technical requirements for all users holding Bitcoin Cash in their BitYaris account. We undertake to announce when the deposits and withdrawals will resume.
You can get further information on this hard fork at https://github.com/bitcoincashorg/bitcoincash.org/blob/master/spec/2018-nov-upgrade.md
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