Exchanges cautious ahead of Bitcoin Cash launch

Bitcoin's underlying software code is being split to create Bitcoin Cash

Several bitcoin exchanges globally have adopted a cautious approach before an alternative version of the cryptocurrency — known as Bitcoin Cash — is introduced on Tuesday.

In the past few days clarity emerged that a majority of bitcoin stakeholders preferred to stay with the original version and supported the introduction of a faster trading mechanism from August 1.

India’s leading exchanges had earlier advised investors that they should transfer their coins from exchange wallets to private wallets.
 

Since Monday night, however, they have been telling investors there would be no “send/receive of coins” and only trading would continue. All this is being