OKCoin Exchange Closes Trading For Bitcoin Forks: BCH And BSV

Last Friday, the OKCoin crypto exchange announced the delisting of two altcoins Bitcoin Cash (BCH) and Bitcoin SV (BSV)from March 1, 2021Year. In this way, the trading platform decided to protect beginners who want to buy Bitcoin, but may, due to inexperience, invest in one of the «clones» BTC.

OKCoin Platform CEO Hong Fang said:

«It was not an easy decision. We had a choice with collateral damage [from delisting altcoins], but we had to make a choice that supported the core principle that we stand for.

According to the head of the exchange, the scandal around CraigWright only caused rejection of the Bitcoin fork by many investors. This person, like those who support him, have created a threat to the crypto community. BCH and BSV are trying to position themselves as true bitcoins, thus causing confusion in the heads of novice traders.

Until now, users of the platformOKCoin had all three cryptocurrencies available. Many newcomers were confused when they saw that along with real Bitcoin, its “clones” were also available to them.

Fung hopes other exchanges will follow OKCoin's lead and remove BCH and BSV from their listing.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	OKEx	https://okex.com	7.4
3	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5
5	Yobit	https://yobit.net	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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