What top Bitcoin Exchanges are going to do on 1st of August.
Lets start with bitfinex exchange what they are saying.
Bitfinex they are calling Bitcoin cash as BCH instead of BCC they also says all BTC wallet balances will receive (BCH) or Bitcoin cash which is great margin longs and margin shorts will not receive (BCH) and bitcoin lenders will receive BCH or bitcoin cash.
Poloniex haven't said something whether they gonna do something or not in my opinion if you lending your bitcoins in poloniex they are not gonna give you Bitcoin cash.
Coinbase they are going from bad to worse "customers need to withdraw all bitcoins before 31st of august in order to get BCC or bitcoin segwit if they not want BCC then no action is required".
Kraken have actually announced that they will give bitcoin cash and bitcoin segwit after the fork on 1st of august 2017 which is good.
Bitstamp they haven't actually say what they going to do right now.
if you are locked into your exchange just read what they are saying and then move forward you can also read full articles by visiting the links below.
** Sources: **
https://www.bitfinex.com/posts/212
https://poloniex.com/press-releases/2017.07.24-Our-plans-to-handle-potential-BTC-network-disruptions/
https://blog.coinbase.com/update-for-customers-with-bitcoin-stored-on-coinbase-99e2d4790a53
http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/
https://www.bitstamp.net/article/bitcoin-hard-fork-our-position/
Thanks for reading
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