Who to support new Bitcoin?

On August 1, it was the day we saw for the first time splitting Bitcoin on two separate hardcore networks. Few of the Battlecamp community was dissatisfied with the latest developments in the capacity expansion of the crypto block and supported the creation of Bitcoin Cash (a ticker in the stock exchanges - BCC or BCH).

Bitmain, the Chinese manufacturer of ASIC diggers and the operator of one of the largest Battlefield pools, originally created Bitcoin Cash software that did not use SegWit technology, and increased the block size 8 times.
At present, only 0.26% of the world's computing power supports this decision, among which it is interesting that they are not Bitcoin. Bitcoin Cash is now traded via ViaBTC futures, but its value is only 12% of the original BitCoin. It remains, however, to see how these numbers will change after the activation of the Force.

How will exchanges deal with splitting?
If you hold the Bitcoin in your own wallet, you have no place to worry, because after splitting you will get the same amount from the new Bitcoin. Then it is entirely your decision whether to trade or sell your BCC tokens. However, if you do not plan to download your Bitcoin from an Exchange, which is not advisable, they will decide for you whether you will have BattleKnight on the new network. Here is the decision of some of the most famous exchanges.

Bitfinex
You will receive Bitcoin Cash and you will probably be able to trade it on the Exchange after 1 August. Keep in mind, however, that you may not receive the same amount of new Battle you own from the original. For now, they do not report whether deposits and withdrawals will be suspended for a certain time, but it is entirely possible.
Bitstamp
If you have a Battle on this Exchange, you will not receive any Bitcoin Cash and you will not be able to trade it. About 2 o'clock (Bulgarian time) this night, all deposits and withdrawals will be discontinued.
Bittrex
You will receive Bitcoin Cash at a ratio of 1: 1 to the amount you hold on this BTC exchange but it is still unclear whether you will be able to trade the new BattleKnight. Around 3:30 tonight, all the deposits and withdrawals of Bitcoin will be suspended.
Coinbase / GDAX
You will not get the new BattleKnight, nor will you be able to trade. Deposits and withdrawals at Bitcoin will be discontinued around 4 hours before splitting.
Huobi
The Chinese Exchange will support the new Bitcoin and its trade. Deposits and withdrawals will be discontinued around 3 am on the night of 1 August.
Kraken
You will get from the new Bitcoin and you can trade it against Bitcoin, Euro and Dollar. You will not be able to withdraw and deposit Bitcoin after 2 hours of Bulgarian time tonight.
OKCoin
You will receive Bitcoin Cash Token, but it is unclear whether the Exchange will support their trading. Deposits and withdrawals are suspended from July 31 to August 2.
Poloniex
You'll probably get Bitcoin Cash and you'll be able to trade, but it's still not certain. The stock also does not give the exact time they will stop taking deposits and withdrawals.
ViaBTC
You will get Bitcoine and you can trade it. The Exchange is one of the biggest supporters of the new Bitcoin. Note that deposits and withdrawals will be discontinued this night.

And the wallets?
Whether your wallet will support the new BattleKnight, as long as you know your private key, you will not have a problem.
To access your Bitcoin Cash, you generally need to enter it into a portfolio that supports the new BitCen. Be very careful when you draw such a ball, because if your computer is infected with a virus, your key can be stolen. It is recommended that after splitting first move your Battle (the original) to a new wallet with a new private key, a new secret backup phrase and passwords. Then use the original secret wallet key, where you held your Battle during splitting to get your Bitcoin Cash holdings. In this way, even if this key is stolen from you, hackers will not have access to your original BitKey you have already moved.

Bitcoin Core (Bitcoin QT)
Warning: If you install Cash on the same computer that you hold Bitcoin Core is dangerous. Cash will save information on the old one, which can delete your balance! Make a backup of your information, especially the wallet.dat file, before installing Cash.
Bitcoin Core will not support Bitcoin Cash in any way.
Electrum
The wallet does not support the new Bitcoin. Even the recently released Electrum Cash Portfolio has nothing to do with the original and violates trademark laws.
Exodus
They will not support Bitcoin Cash.
Safe
The hardware wallet will support Bitcoin Cash. Go to their online platform and take the necessary steps to access your new Bitcoin
Ledger
Just like Trezor, go to their online platform and follow the steps.
JAXX
They are working on the integration of Bitcoin Cash, so as long as this does not happen, you will not be able to access and you will not be able to receive and send the new Bitcoin. Still, there is no room for worry as long as you keep your secret 12-word phrase.
Blockchain.info
For now, they do not seem to have the intention of maintaining the new Bitcoin, unless Bitcoin Cash becomes the main Bitcoin network. In any case, you will be able to use your secret phrase from blockchain.info of a portfolio that supports BCC.
Keepkey
They plan to maintain all of the individual Bitcoin and allow them to share with each other through ShapeShift.

If you have any doubts whether your Exchange or Portfolio will support Bitcoin Cash, visit their official bitcoincash.org page. This article is for informational purposes and xChange.bg is in no way responsible if you lose your Battle, be it Original or Cash. This article was translated and adapted by 99bitcoins.com.

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