Timeline and Support
Wij wished to give customers another update on two upcoming Bitcoin forks — Bitcoin Segwit2x and Bitcoin Gold. You can read more about what a digital currency fork is here.
Wij operate by the principle that our customers should benefit to the greatest extent possible from hard forks or other unexpected events. This is essential ter our mission to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange.
The Bitcoin Segwit2x fork is projected to take place on November 16th and will temporarily result te two bitcoin blockchains. Following the fork, Coinbase will proceed referring to the current bitcoin blockchain spil Bitcoin (BTC) and the forked blockchain spil Bitcoin2x (B2X).
Any customer with a BTC movimiento on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No activity is required — wij will automatically credit your account. So, if you have Five BTC stored on Coinbase before the fork, you will have Five BTC and Five B2X following the event.
For more information about Bitcoin2x please see our FAQ pagina.
- Approximately 24 hours pre-fork.Coinbase will temporarily disable all bitcoin buy, sells, sends and receives. ETH and LTC will not be impacted. You will still be able to see your Bitcoin balances and instructor the price. If you project on moving BTC into your Coinbase account, wij very recommend that you do so at least 24 hours before the fork to ensure your transfers are confirmed.
- Fork (block 494,784).Any Coinbase customer with a confirmed Bitcoin arqueo at this point will be credited an equal amount of Bitcoin2x.
- Within 24 hours postbode fork. Coinbase customers will be able to buy and sell both Bitcoin and Bitcoin2x. When you visit Coinbase.com or open your Coinbase app, you will see your fresh Bitcoin2x recuento (te Accounts).
- Approximately 24–48 hours postbode fork.Merienda wij have ensured that the blockchains are stable, Coinbase will re-enable Bitcoin and Bitcoin2x sends and receives. Please be careful when sending funds spil certain wallets and bitcoin services may refer to the two blockchains differently.
The Bitcoin Gold fork is projected to take place on October 23rd. Information about this fork has bot limited and there are concerns about its security and stability. Spil a result, wij do not believe it is safe to permit support for Bitcoin Gold at this time. If the blockchain proves to be secure and valuable, Coinbase may choose to support it. At that point, your account will be credited with an amount of Bitcoin Gold equal to your Bitcoin (BTC) oscilación at the time of the fork.
You can read more about Bitcoin Gold at our FAQ pagina.
Overheen the coming weeks, wij will keep you updated on this event through our blog, status pagina and twitter.