Exchanges Supporting (or not) The Segwit2X Hard Fork

in #bitcoin7 years ago

Block 494,784

This is the block number of the Segwit2x hardfork

It's about two weeks away

I have been thinking a lot about where I will hold my Bitcoin before the fork for a couple of reasons. First I want to receive the new token (most are calling it B2X) as well as have access to both tokens (BTC and the new B2X) as soon as possible.

To that end I have been researching some of the more popular exchanges and their position on the split, and the new coin, so I thought I would post some info to get the discussion about WHERE to keep your bitcoins before and during the fork.

Please use this ONLY as a guide to the different exchanges and their positions and always do you own research before making the choice of where to hold your coin during a hard fork.

(clicking the exchange name will take you to their official position)

Bitfinex has a rather lengthy statement that deals mostly with customer protection but they do appear to be crediting bitcoin holders accounts with an equal amount of the new coin when the chain splits.

BitMEX will NOT support the B2X blockchain

Coinbase will support the new cahin and will credit holders of BTC an equal amount B2X just after the split. They have a clear timeline spelled out in their statement.

GDAX same as coinbase.

Gemini appears to make an official statement without making a decisive statement on support or not?!

HitBTC, full support. In fact B2X futures trading is already LIVE!

OKCoin is also supporting the new coin but has some specific rules in their announcement.

Kraken and Poloniex have not yet made any official announcement as far as I can see but keep an eye out as these are popular exchanges.

Matt Thompson over at coinigy has put together a nice comprehensive list of exchange Segwit2x positions so check that if you don't see your favorite on the list above.

branch-1290017__340 (1).png

Hope this info helps sort things out. Let me know what you plan on doing for the fork, and thanks for checking this out!

Sort:  

Bittrex always support new Bitcoin Altcoins. The best thing to do is keep your bitcoin in a wallet you control unless if you don't mind loosing it. You can also claim your coins later

I understand why you may wish to have access to the new coin early but I would suggest the best place to hold coins during any uncertainty (such as a HF) is in a hardware wallet or at least in a wallet where you control the keys.

Yeah, I agree, to the hardware wallet go the BTC's. Thanks.

True, ESPECIALLY with this split. I was discussing the split with someone the other day, and they turned me onto some new information about the possible outcomes after the split. This is going to be a very dicey one as they try to stay on the main chain....or the main chain becomes obsolete....or it just splits like all the other forks, and everyone wins. I'm leaning against my previous stance....after watching the Bitshares presentation last week that was posted here....I am thinking more and more than this split could cause a lot of issues within the system. I want the free coins for sure, but I don't want frozen BTC in an account if there is a chance that the Miners shift the gear to B2X and freeze the BTC chain for who knows how long....

Nice! Resteemed!

I'm honored, thank you.

Thanks for the update Chris...appreciate it brother

Calling @originalworks :)
img credz: pixabay.com
Nice, you got a 4.0% @minnowbooster upgoat, thanks to @summertooth
Want a boost? Minnowbooster's got your back!

The @OriginalWorks bot has determined this post by @summertooth to be original material and upvoted(1.5%) it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

This post received a 3.3% upvote from @randowhale thanks to @summertooth! For more information, click here!

This post has received a 30.35 % upvote from @boomerang thanks to: @summertooth

@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.

Just like the last fork, I’m selling right before the fork or buying alts depending on where their prices are.

This a decent strategy I believe. Especially in the wake of all the possibilities that come along with this fork.