Bitcoin exchange Bitstamp has announced that it will launch bitcoin cash trading pairs during the first week of December.
When bitcoin cash forked away from the main bitcoin blockchain at the beginning of August, many people were skeptical that it could garner enough support to remain viable. Consequently, quite a few cryptocurrency exchanges and services — including Bitstamp — took a wait-and-see approach to the fork.
However, nearly four months after the fork, bitcoin cash retains the third spot in the market cap rankings and is currently trading near $1,200 per coin. As a result, more services are rolling out support for bitcoin cash. Last week, wallet service Blockchain announced that plans to add full support for bitcoin cash. Now, Bitstamp has elected to add support for bitcoin cash to its trading platform, which currently only supports four cryptocurrencies: bitcoin, ethereum, ripple, and litecoin.