The
SegWit2x, that will create two competing versions of the currency and
lead to disagreement over the “real” bitcoin.The fork will also mean a payout to existing bitcoin
holders, though any windfall could be overshadowed by larger turmoil.
The upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin blockchains.
Coinbase the most trusted, safe, and easy-to-use digital currency exchange, 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 - Coinbase 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. Coinbase will re-enable them following the fork once it’s safe to do so.
- To create a Coinbase wallet, please click here..Coinbase
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