GDAX Starts BCH Trading, Users Angry About Focus

GDAX has started trading Bitcoin Cash (BCH) this morning as of 9 AM PST, with little fanfare. The status update page for GDAX indicated that all initial testing had concluded as of 11:25 AM, with full functionality being restored.

Bitcoin Cash Updates

The addition of BCH on GDAX follows the addition of the hard fork coin on the Coinbasesite, which saw the price of BCH rocket to new all time highs. While Coinbase owns GDAX, they are not the same entity. Since the announcement, Coinbase has made no further promises of future additions, however.

The price of BCH responded strongly, with increases on the day around 12%. At press time, the coin was trading at $1742.

Bitcoin Cash Charts

Wrong focus?

However, the cryptocurrency community was not particularly thrilled with the news, given the slowness of GDAX to implement the SegWit protocol…

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