Most people will not pay much attention to Bitcoin Cash until August 1st comes around, but this “new token” already has a big issue to overcome. All of the exchanges supporting Bitcoin Cash so far have announced they will label the currency as BCC. Unfortunately, the BCC ticker is already in use by a completely different currency.
There is an altcoin known as BitConnect. The native currency of BitConnect is BitcoinnectCoin, listed as BCC on cryptocurrency exchanges. It is pretty difficult to overlook BitConnect, so the fact Bitcoin Cash missed that ticker name is slightly embarrassing. The former is in the top 15 currencies ranked by market cap, and its token was worth $60.61 at the time of writing. Moreover, it has been trading under the BCC ticker symbol from day one, making it even stranger that no one bothered to point out this naming issue to the Bitcoin Cash-carrying exchanges.
Bitcoin Cash, BCC is starting their Cryptocurrency journey with Branding problem." source by Cointelegraph "
