Coinbase Supports Segwit2x
I just received this message from Coinbase. This is good news!
But you should do like my anyway, and not keep your Bitcoins on Coinbase for a long time. Control your own keyphrase with Electrum and/or even better a hardware wallet Ledger Nano or Trezor.
We wanted to remind you that the upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin blockchains.
In our effort to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange, we are working to ensure we maximize your benefit from this event. So, following the fork:
Any user storing Bitcoin on Coinbase at the time of the fork will be credited with an equal amount of the new Bitcoin2x asset on the Bitcoin2x blockchain. No action is required - we will automatically credit your account. If you have 5 Bitcoin stored on Coinbase before the fork, you will have 5 Bitcoin and 5 Bitcoin2x following the event.
Coinbase users will be able to trade both Bitcoin and Bitcoin2x shortly after the fork.
Coinbase will disable buys, sells, sends and receives for Bitcoin and Bitcoin2x approximately 24 hours before the fork. We will re-enable them following the fork once it’s safe to do so.
@scandinavianlife this is good news, and I totally agree with you in avoiding living crypto on exchanges. upvoted. @gold84
Great information my friend. Its good news for all of us that coinbase support the upcoming fork. Thanks for
youre welcome! Thanks for commenting!
I think that it 's a strategic move for people to buy more btc from them before the fork. I know it will just make me buy from them even more now knowing I can get some free coin out of it.
We are so far away from bubble tendencies in Bitcoin so I would just buy if I wasnt all ready fully invested.
Good news
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Nice, you got a 71.0% @investegg upgoat, thanks to @scandinavianlife
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Always the first.
This is good, I always wondered why Coinbase didn't offer these kinds of things after forks.
Maybe more people might start using them? :)
Thanks for the update. I am curious to see how it unfolds.
Yep. As a coinbase user. We are very happy about it
This wonderful post has received a bellyrub 5.68 % upvote from @bellyrub.