The price of Bitcoin Cash doubled after the start of trading on Coinbase

Cryptocurrency traders can now trade the Bitcoin Cash (BCH) on Coinbase its remaining cryptocurrency platform GDAX. This news pushed the price above BCH $4 000.

«We are pleased to announce that customers can buy, sell, send and receive Bitcoin on Coinbase Cash», – stated in the Coinbase blog. BCH is an alternative micropayment for BTC – third of the market capitalization of cryptocurrency now has a total cost of just over $65 billion price Et in the last 24 hours has almost doubled.

«Send and receive are already available, according to Coinbase, which is waiting for «sufficient liquidity» from its platform GDAX before allowing the purchase and sale of BCH users wallet. – It will take a few hours.»

According to the head of GDAX Adam white, cryptocurrency platform finally decided to open a manufacturing BCH, having considered such factors as the interest of the customers, support developers, network security, market capitalization, trading volume, and digital infrastructure assets.

GDAX start to trade BCH in pairs with BTC, USD and EUR. 19 December at 16:06 local time, GDAX warned about the crash and the resumption of regular trading in the near future.

Then Coinbase and GDAX abruptly stopped trading BCH, which caused outrage customers. At low liquidity the price BCH rose to $8 000, and then quickly fell to just over $3 000. After the resumption of trading, at the time of publication it has stabilized around $3 900.

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