Bitfinex To Support Both "Bitcoins" After SegWit2x Fork

in #news7 years ago (edited)

Bitfinex Reveals Statement on Hard Fork!


Bitfinex will support both Bitcoin Blockchains after the SegWit2x Fork in November, listing the original as "BTC" and the SegWit2X version as "B2X". Just recently they stated the following:

“We have a responsibility to foster, maintain, and support orderly markets that trade continuously 24/7/365. With a hard fork that lacks clear community consensus, we cannot suspend operations and wait for a winner to emerge. Leveraged trading requires that our markets operate continuously. On operational requirements alone, we must designate such forks as new assets.”

Users are able to Deposit BTC and will receive their BTC and B2X Tokens respectively after the Fork. At least it seems as if Bitfinex strives to keep the original value as the tokens are currently trading at around $3500 and $1200, which would more or less equal the current BTC Market Price. So maybe we might actually not see any money printing Fork this time but rather just a real split in Tokens and Value.

(Source - Cryptocoinsnews.com)


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