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Official #delistBSV Statement

Apr 17, 2019 | News

Dear users,

After careful consideration, it is time to make an official announcement on our stance regarding the BSV ordeal.

Craig Wright has undoubtedly cast a shadow on the cryptocurrency industry as a whole, harming the perception of this space in the eyes of not just the community, but the financial world at large. It is through events like this that blockchain and crypto struggle to earn due recognition. However, regardless of my personal opinions on the matter, there are several factors to consider.

We recently conducted a poll on Twitter, calling for the community to influence our decision to either keep or delist the BSV token from the BitForex exchange. Unfortunately, we’ve noticed extensive malicious behavior that is affecting the accuracy and fairness of the poll. Furthermore, we recognize that leaving the decision entirely up to the community was not the best choice, as it can be hard to get a clear reading of what the community really wants over the noise of the vocal minority.

As such, we’ve made the call to withdraw the poll, in favor of an internal decision that was made based on our values and vision for the cryptospace, and with our own community and user’s best interests at heart — even in the face of potential backlash.

The age of cryptocurrency should be one wherein we realize that there are different people making different choices, and consensus should mean realizing and accepting that not everyone will see eye-to-eye on every matter — allowing each other to operate peacefully within a community.

With this in mind, we feel it would be an injustice to the existing active BSV traders on the BitForex platform if we were to delist the token.

In view of this stance, we will not be joining the ranks of other major exchanges that have delisted the token. BitForex will remain a platform upon which BSV is open for trade. We will continue to monitor the situation, and continue to focus our energies on finding measures that ensure traders on our platform, whatever their stance may be, are protected and free to trade as they please.

We understand that we may come under fire by the community at large who have been calling for exchanges to #delistBSV — and the easy way out would be to just delist the coin and move on. But we would much prefer to do the right thing to protect the interests of our users instead of just walking the easy path.

Garrett Jin — BitForex Founder & CEO

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