Exchanges: Bitcoin & Bitcoin Cash Fork (KRAKEN)
Have you had a hard time figuring out what's gonna happen to your Bitcoins on exchanges? - Needless to say, you have not been the only frustrated individual.
However, it finally seems there is some clarity out there if you are positioned on the Kraken Exchange. On August 1st @ 12:20pm UTC, the alternative Bitcoin Cash protocol is being implemented and Kraken has got your back.
"All Kraken clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH)"
Though no guarantees, Kraken will be dedicated to make the Bitcoin (XBT) / Bitcoin Cash (BCH) for as swift and easy as possible it seems. I will keep my modest amount of XBT
For Margin traders with Bitcoin on the exchange, see the link below for more information.
http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/
Congratulations @chasenkam! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!