Bittrex Segwit2X statement: Equal B2X coins for every bitcoin on Bittrex

Bittrex Segwit2X

Bittrex which is one of the biggest cryptocurrency exchanges in the world has made it official that it will be supporting the Segwit2x (B2X) coins. So if you have bitcoin on bittrex during the Segwit2x hard fork block 494784 in mid-November, you will be getting equivalent amount of coins in 1:1 basis. For instance, if you have 1 btc, you get one B2X coin. Deposits and withdrawals will be disabled 24 hours prior to Segwit2x fork. All incoming withdrawals will not be credited and bitcoin wallet will remain closed until hard fork has completed. You will still be able to trade.

For those who do not know about Segwit2x, it is a hard fork that is scheduled for block 494784 to increase block size from 1->2MB. 83 percent as of block 493413 of mined blocks signal support of this hard fork. Bittrex has not signed NYA agreement as their priority is safety of consumer funds. Coinbase will also be supporting Bitcoin Segwit2x coins.

Bittrex will be observing the bitcoin network for 24-48 hours to determine if the chain spilt has occurred and the outcome. In case it is unclear which bitcoin is preferred, Bittrex will either open the markets for B2X and extended the observation period.

As mentioned earlier, trading will remain active at all times.

   

Related topics

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.