I have no idea why BCHA/XEC is pumping so hard, ever since Binance listed XEC/USDT it's been pumping non stop. It's gone from 10 at launch to a high of 388 on Binance today. At the end of July it was still at 30. It has done almost 400% in the last 7 days.
First I though that for some reason everybody in Korea was buying it but the price spread over various exchanges is massive.
Right now you can buy it for 280 on some exchange and sell it on 380 on Binance.
Right now you can send it to Binance and it confirms in 11 confirmations.
On coinex you need 20 and you can withdraw after 60.
If anybody has any theories why it's pumping so hard on Binance, I am very curious.
Is this going to pump all the way to 1 BCH, just like BSV once did?
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source https://www.reddit.com/r/btc/comments/phcf8t/if_you_still_have_bchaxec_you_can_now_get_052_bch/
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