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GDAX Begins BCH Trading, Angry Users on Focus

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GDAX started trading Bitcoin Cash (BCH) this morning from 9 am, with little fanfare. The GDAX status update page indicated that all initial tests had been completed by 11:25, and all features were restored.

<img alt=" Bitcoin Cash Updates "src =" "title =" Bitcoin Cash Updates "/>

The addition of BCH on GDAX follows the addition of hard fork on Coinbase website, which saw the price of BCH While Coinbase owns GDAX, it's not the same entity, but since the announcement, Coinbase has made no further promise of future additions.

The BCH price has reacted strongly, with increases on the day of the press, the coin exchanged at 1742 dollars

<img alt=" Bitcoin Cash Charts "src =" "title =" Cash Bitcoin Charts "/>

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However, the cryptocurrency community was not particularly pleased with the news, given the slowness of GDAX to implement the SegWit protocol. For example, Jameson Lopp, an engineer at BitGo, tweeted:

Coinbase made promises regarding the integration of SegWit at the end of the year last, but delayed them. SegWit would allow cheaper and faster transactions. Other services are also slow to add support for SegWit, including Blockchain and Gemini.

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Others responded to the news tweet the same way. User Chris Given replied: