Binance will de-list Bitcoin Satoshi’s Vision (BSV). BSV can be a branch of Bitcoin Cash (BCH) which came to exist thanks to a argument medially Bitcoin Cash (BCH) camps.
BSV is going to probably be delisted on 2019/04/22 in 10:00 AM UTC. Withdrawals will probably be encouraged until 2019/07/22 in 10:00 AM UTC.
The comprehension for delisting can be only a small complex, but the gist is that the BSV camp has been moving around threatening legal actions contrary to Twitter characters (such as Hodlonaut and Peter McCormack) in making use of these, and also demanding they announce Craig Wright whilst the true Satoshi or obtain defeated.
CZ, ” the CEO of all Binance, didn’t like what was happening and threatened to delist BSV if their leaders kept it up. They kept it up, and Binance announced it would delist BSV.
Or slightly, that is the gist of what happened. Technically there is a bit more going on, as Binance gets to choose which coins it lists and has a set of standards. One standard is “Contribution into a nutritious and sustainable crypto eco-system ” for example. In suing and threatening normal people with legal action, the leaders of BSV we can assume violated that standard and are thus being delisted.
For the official word, see: Binance Will Delist BCHSV. Below is a snippet of the key information to know.
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC:
- Bitcoin SV (BCHSV)
All trade orders will be automatically removed after trading ceases in each respective trading pair.
To view your stocks after trading ceases, please ensure you have not selected “Hide modest stocks ” in your Funds page.
Withdrawals of these coins and tokens from Binance will go on to be supported until2019/07/22 at 10:00 AM UTC.
TIP: BSV trades under the ticker BCHSV on Binance.
NOTE: Hodlonaut started the lightening network torch (that everyone from Charlie Lee to Jack Dorsey held). He was ultimately just a normal person though. So when the BSV camp went after him he shut down his account and basically went into hiding. Peter McCormack, a popular Twitter personality in crypto, then stepped up to his defense and became the next target. The best way to obtain the backstory is now through Peter McCormack’s twitter feed. Also, if you see that half of Crypto Twitter changed their images and names to Hodlonaut, this is why.
“Binance Will Delist Bitcoin Satoshi’s Vision (BSV)” contains information about the following Cryptocurrencies:
Bitcoin Cash (BCH) Bitcoin SV (BSV)