Topic: Should I keep my Bitcoins on my Bittrex & Bitfinex account or should I move it? (Read 1026 times)
July 31, 2017, 08:12:28 AM
I also asked the same question myself since I have some coins on Bittrex but I trust them enough to just leave it there but with 2fa of course. We shouldn't expect big from the split and though it is a risk of leaving my coins there in that site then it will be our discretion whatever happens to it. If you are thinking twice of leaving it there then I would suggest for you to transfer it to your paper wallet to be sure.
July 30, 2017, 05:45:07 AM
both of these exchanges are trusted enough for you to leave your coins there but remember this does not mean they won't stop being trusted. or this doesn't mean they won't get hacked like bitfinex did last year.
it is a risk that as a trader you should accept first and then start using these exchanges. and we can do nothing about it so far. the decentralized exchanges are a replacement but they are not good replacement.
in any case keeping coins in these exchanges can mean a much faster way of dumping your BCC before its price crashes down.
it is a risk that as a trader you should accept first and then start using these exchanges. and we can do nothing about it so far. the decentralized exchanges are a replacement but they are not good replacement.
in any case keeping coins in these exchanges can mean a much faster way of dumping your BCC before its price crashes down.
July 30, 2017, 05:20:53 AM
I heard that Bitfinex and Bittrex will give you BCC if you don't move your Bitcoins from these exchanges on 1 August, but I am seriously considering to move them to a new generated paper wallet. What would you recommend, because I also saw video about price drops that could occur after hard fork. Please let me know your thoughts and what can happen after the USHF. 
You will not face any issue if you will keep your Bitcoins on Bittrex or Bitfinex as they both have decided to support BCC. It is completely fine. Your Bitcoins will remain safe and you will get BCC as well, after 1st August. In general (keeping all the fork thing aside) it is not advisable to keep your Bitcoin on exchange unless you want to do trading. Hardware or software wallets are always better in terms of security and thus preferred if you only want to hold your Bitcoins.I was planning to sell BCC in case of when I receive it. Do you get BCC at the same time when hard fork is finished or will be there a time difference when exchanges manage your wallet address?
July 30, 2017, 04:40:53 AM
Your bitcoins should be fine if you keep them in those exchanges. To avoid transaction charges of moving funds back and forth, I would say keep them and decide what to do with them after Aug 01.
July 30, 2017, 01:46:49 AM
I heard that Bitfinex and Bittrex will give you BCC if you don't move your Bitcoins from these exchanges on 1 August, but I am seriously considering to move them to a new generated paper wallet. What would you recommend, because I also saw video about price drops that could occur after hard fork. Please let me know your thoughts and what can happen after the USHF.
You will not face any issue if you will keep your Bitcoins on Bittrex or Bitfinex as they both have decided to support BCC. It is completely fine. Your Bitcoins will remain safe and you will get BCC as well, after 1st August. In general (keeping all the fork thing aside) it is not advisable to keep your Bitcoin on exchange unless you want to do trading. Hardware or software wallets are always better in terms of security and thus preferred if you only want to hold your Bitcoins.I was planning to sell BCC in case of when I receive it. Do you get BCC at the same time when hard fork is finished or will be there a time difference when exchanges manage your wallet address?
July 30, 2017, 12:25:23 AM
I heard that Bitfinex and Bittrex will give you BCC if you don't move your Bitcoins from these exchanges on 1 August, but I am seriously considering to move them to a new generated paper wallet. What would you recommend, because I also saw video about price drops that could occur after hard fork. Please let me know your thoughts and what can happen after the USHF.
You will not face any issue if you will keep your Bitcoins on Bittrex or Bitfinex as they both have decided to support BCC. It is completely fine. Your Bitcoins will remain safe and you will get BCC as well, after 1st August. In general (keeping all the fork thing aside) it is not advisable to keep your Bitcoin on exchange unless you want to do trading. Hardware or software wallets are always better in terms of security and thus preferred if you only want to hold your Bitcoins. 
July 29, 2017, 11:58:04 PM
I heard that Bitfinex and Bittrex will give you BCC if you don't move your Bitcoins from these exchanges on 1 August, but I am seriously considering to move them to a new generated paper wallet. What would you recommend, because I also saw video about price drops that could occur after hard fork. Please let me know your thoughts and what can happen after the USHF.
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