TechFlow News, November 16 — OKEx officially announced that, according to its handling plan for the BCH fork event and referring to listing and trading prices on major exchanges, BCHN will be recognized as the new BCH. The token of the other chain, BCHABC, will be airdropped 1:1 to users' funding accounts. The new BCH assets will remain in users' respective accounts. Details regarding the claim process and subsequent trading arrangements for BCHABC will be announced later.
Additionally, OKEx provided explanations on the handling of various platform services and forked assets:
1. The underlying assets for BCHUSD and BCHUSDT delivery and perpetual contracts on the OKEx platform will track BCHN, while the contract symbols will remain unchanged as BCH.
2. OKEx will adjust the index components of BCHUSD and BCHUSDT on November 16, 2020, at 15:00 (HKT) and resume relevant risk control rules.
3. The BCH Yu Bibao service will resume simultaneously with BCH margin trading. Users' BCH holdings in Yu Bibao prior to the fork require no action and will continue earning interest normally.
