I’m pretty new to crypto and had a question.. if I have a percentage of a bitcoin (less than one) at the time of the fork, do I receive an equal amount of the superbitcoin? If so, how would that be retrieved?
I’m pretty new to crypto and had a question.. if I have a percentage of a bitcoin (less than one) at the time of the fork, do I receive an equal amount of the superbitcoin? If so, how would that be retrieved?
Depending on where your bitcoin is .
If it’s on an exchange that’s supporting SBTC then you won’t have to do anything they’ll reward you the equal amount of bitcoin you have at the time of the snapshot .
If your using a hardware wallet like ledger nano s or software wallet like exodus . Just wait for further instructions from the Super bitcoin team . You can follow them on Twitter to obtain their most recent news . I’ll try to keep you posted when I recieve more information on this topic .
I need to get a wallet.. embarrassed to say but moment are just chillin on the exchange. I know... big no-no
It’s hard to move bitcoin around without avoiding transaction fees . So I can understand having a small percentage of your portfolio on an exchange . But check and see if your exchange supported the hard fork . I use hitbtc, binance & Yobit all three of them are supporting.
If you need a wallet , if it’s your first one , I recommend Coinbase
I Use coinbase but listen to this novice error... I wanted to buy IOTA so I transferred a small amount of Bitcoin over to Binance and with it being my first time, I didnt pay close enough attention to the conversion rate and assumed I was paying 1.40 in fees. Nope...$14 to move $25 :(
Yup don’t feel bad it happens to us all . Especially first starting out with coinbase . But we live and we learn that’s what makes us better traders . It’s hard to move bitcoin around because of those damn transaction fees . I don’t recommend this but I keep a little bit of bitcoin on binance for trading purposes to avoid the big transaction fees .