For the specifics of coinbase... they have just just released a statement basically saying they will support both chains (after the dust has settled aka a few days after the fork).
Seems that if you have 1btc prior to the fork you'll have one on either chain afterwards.
Once we get closer to the fork they will have a better resolution on naming the 2 chains etc.
Full statement is on their blog, also accessible through their twitter.
Topic: How to get Fork? (Read 333 times)
Thanks Guys. Is Exodus not considered as eligible wallet? It has option to export private key?
Cheers
Cheers
That will probably depend on the exodus team. They did support the BCH fork, but you had to have a separate wallet as exodus does not support BCH. Their instructions for claiming that fork are here:
http://support.exodus.io/article/64-how-do-i-claim-bitcoin-cash
I mention the older fork only to say I *believe* they would support the upcoming fork in a similar fashion. But, I am not affiliated with them other than being a user, so I couldn't guarantee what will happen with it.
Don't hold your BTC in coinbase. Exchanges can seize your coins, be hacked, or in the case of a fork, give you only BTC or replace your BTC with the altcoin.
Instead, use a bitcoin wallet where you control the private keys, e.g. a web wallet with the option to view/export private keys, or a desktop, hardware or paper wallet. If you control the private keys, you will own both coins (BTC and segwit2x) after the fork.
After the fork, generate a new bitcoin address and send your bitcoin to the new address. Import your old private keys to a segwit2x wallet to claim your altcoin.
Instead, use a bitcoin wallet where you control the private keys, e.g. a web wallet with the option to view/export private keys, or a desktop, hardware or paper wallet. If you control the private keys, you will own both coins (BTC and segwit2x) after the fork.
After the fork, generate a new bitcoin address and send your bitcoin to the new address. Import your old private keys to a segwit2x wallet to claim your altcoin.
If a fork is introduced like what happened with bitcoin cash, you'd get the exact same amount you have as bitcoins in the new fork.
So for example if you have 2 btc, you'll 2 Bitcoin cash.
As simple as that. You just need to have your money in a wallet or an exchange that supports the new network.
Personally I had not that much coins and I put them on Bittrex (actually kinda dangerous) but ended up getting the same amount on 1:1 basis.
You should read this. It's useful.
https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799
So for example if you have 2 btc, you'll 2 Bitcoin cash.
As simple as that. You just need to have your money in a wallet or an exchange that supports the new network.
Personally I had not that much coins and I put them on Bittrex (actually kinda dangerous) but ended up getting the same amount on 1:1 basis.
You should read this. It's useful.
https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799
Thanks Guys. Is Exodus not considered as eligible wallet? It has option to export private key?
Cheers
Cheers
You need to put them in a wallet that you own the private keys. I'd suggest you GreenAddress wallet (https://greenaddress.it/en/). They also have a mobile version.
As you very new I suggest you reading more about what hard fork actually means ans what happens when it occurs, this is a very helpful article:
https://coincodex.com/news/46/the-next-bitcoin-hard-fork-will-happen-in-november-2017/
As you very new I suggest you reading more about what hard fork actually means ans what happens when it occurs, this is a very helpful article:
https://coincodex.com/news/46/the-next-bitcoin-hard-fork-will-happen-in-november-2017/
you can not. because you don't own bitcoin when using those wallets. you just own an account with some third party which allows you to use bitcoin which you left with them. so in the future if there is some fork, airdrop,... you can only receive them if that third party decides to give it to you.
if you want this to change you have to use a bitcoin wallet not these third parties. https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
if you want this to change you have to use a bitcoin wallet not these third parties. https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
Hi friends,
I am very new in BTC. I purchased some btc and placed them in different online wallets such as payeers, coinbase, and exodus.
SO my question is how exactly I can claim fork when it is introduced.
Thanks
I am very new in BTC. I purchased some btc and placed them in different online wallets such as payeers, coinbase, and exodus.
SO my question is how exactly I can claim fork when it is introduced.
Thanks
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