Dear VCC users,
As the Bitcoin Cash (BCH) network is expected to undergo a hard fork at 2020/11/15 12:00 PM (UTC).
VCC will suspend BCH deposits and withdrawals at 2020/11/14 15:00 PM (UTC). Please ensure that you leave sufficient time for your BCH transfers to be fully processed prior to the time above. We will handle all technical requirements for users holding BCH.
The two likely scenarios to occur with the Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN) contentious hard fork are:
Scenario A: The fork results in two competing chains. VCC will credit users with BCH from the chain with the most work done. We will then also credit users with the coin from the minority chain at a ratio of 1:1 based on the snapshot of BCH balances at 2020/11/15 12:00 PM (UTC) as stated above. Further details regarding this distribution will be stated in a separate announcement.
Scenario B: No new coin is created. VCC will then resume BCH deposits and withdrawals as soon as possible.
The time that the settlement will return to BCH will be announced after the hard fork has been completed.
We apologize for the inconvenience.
Thanks for your support!