BitMEX is Dumping Bitcoin Cash and Crediting Users With Bitcoin

BitMEX to Dump Airdropped BCH

The exchange — which offers BTC/USD swaps but is best known for its futures market — made the announcement on Wednesday, explaining that because bitcoin cash was created through a “contentious hard fork” it will not allow users who received BCH at the time of the August 1 fork to withdraw the coins to their personal wallets:

“BitMEX does not agree with contentious hard forks, and does not accept the manner in which Bitcoin Cash was forked, or the lack of preparation or notice before the fork; we consider this a dangerous action that imposes unacceptable costs on end-users and businesses.”
BitMEX has not looked fondly upon attempts to fork away from the main bitcoin blockchain. The exchange had also taken a hard stance against the SegWit2x hard fork, which has since been called off. Prior to the fork’s cancellation, the exchange had stated that it did not intend to support SegWit2x coin trading on its platform, nor did it plan to distribute airdropped coins to its customers.