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- Japanese cryptocurrency exchange Zaif announced that it is going to give out Bitcoin SV equivalent to Japanese Yen to its users.
- Zaif exchange previously hacked due to its weak security options because of which there was a breach in its user security pins and loss of digital assets.
- The issue of Bitcoin SV will later be known after the integration of the system with FISCO Cryptocurrency exchange to made on the 12th of February.
Japanese cryptocurrency exchange Zaif announced that it is going to give out Bitcoin SV equivalent to Japanese Yen to its users. Zaif reported that it is going to exchange the Bitcoin SV to the Japanese Yen generated by the Bitcoin Fork in 2018.
It is estimated or calculated to be 16,855 JPY for a single Bitcoin SV coin which is almost equal to the total BSV awarded to the users.
To avail of this allocation the user must have a verified Zaif exchange account if the account is verified and accepted for the grant, the BSV achieved during the highest block rate of 556,766 blocks back on the 16th of November 2018 will be allocated to your account.
The issue of Bitcoin SV will later be known after the integration of the system with FISCO Cryptocurrency exchange to made on the 12th of February. The schedule for the issue of BSV will be reported after the successful combination.
Zaif exchange previously hacked due to its weak security options because of which there was a breach in its user security pins and loss of digital assets. However, now that they have resumed back their trading options and account services.
The allocation of the BSV coin might be a way for the exchange to gain back the trust of its users and newcomers to show a promising service wit entrusted security with the upcoming new integrations.
Bitcoin SV now being given out to the users on Zaif, the large scaling holding and trading in the exchange firm might induce higher bulls to the existing neutral ones.
Bitcoin SV is steadily moving with 0.16% of average bulls according to the CoinMarketCap metrics with the trade of $292.43, it has gained about 4% from yesterday adding $11.35 from yesterday’s trade. BSV has a market cap of $5,336,281,212 USD and a 24 hour trading volume of $2,520,405,776 USD.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
