Will ETH also stop trading this JULY 31st to August 1 UTC in exchanger sites? and will USDT be affected in this BTC update?
I dont think that ETH would be affected on this upcoming August 1 since it has nothing to do with the event since its just purely for bitcoin and theres no relation between the two which means it not possible for it to be closed too but only bitcoin will only experience such things on this August 1. Trading would still continue and now seeing the price its already dumping as far as i can see. Time to buy some cheap eth later on.
Yeah , True . Here both bitcoin and ETH coin have separate algorithm based technology and they are not connecting to each other at any point .
So during change taking place in the bitcoin , there will be no effect of technology .
But here also A new thing that I would like to tell you that there is also no effect on the btc trading , because btc at the exchange in your account are only written data and nothing we need to operate .
So if we have btc at the exchange sites then we can trading with bitcoin with any coin and vice versa .
But only deposit and withdrawal will remain stop for some days ( may be 3 days ) .
So don't take tension , and if you have btc then make trading at exchange and don't make transaction until everything goes well .