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Author Topic: Exchanges that will not support 'Bitcoin Cash"  (Read 1086 times)
Kemarit (OP)
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July 27, 2017, 06:23:28 PM
 #1

Here's what well-known exchanges that will not support BCC in an event that their is a fork:

The first bitcoin trading platforms to announce they will not support the BCC hard fork were GDAX and Coinbase. The GDAX exchange is a subset of the Coinbase company, and the August 1 UAHF plans are the same.

Poloniex Leaves the Decision Up in the Air

“Even if two viable blockchains emerge, we may or may not support both and will make such a decision only after we are satisfied that we can safely support either blockchain in an enterprise environment,” explains the U.S. based exchange Poloniex.

Itbit Will Not Support the UAHF Outcome

“Itbit will not support the trading of Bitcoin Cash — If customers want to access Bitcoin Cash immediately following the fork, they should withdraw their Bitcoin to an external wallet address on or before July 31, according to standard cutoffs,” Itbit details. 

Bitmex and Exodus Choose to Decline BCC Listing

“As such, Bitmex will not support the split or distribution of Bitcoin Cash, nor will Bitmex be liable for any Bitcoin Cash sent to Bitmex,” the company’s blog explains. “Therefore, it is up to our users to withdraw from Bitmex prior to August 1st if they wish to access Bitcoin Cash tokens or any other hardfork.”

Bitstamp Says BCC is an ‘Altcoin’ and Will Not Support the Protocol

“In the event of a User Activated Hard Fork (UAHF) on 1 August or thereafter, it is important to clarify that Bitstamp would not be in a position to support Bitcoin Cash (BCC), the coin associated with the Bitcoin Cash proposal,”

Source: https://news.bitcoin.com/fork-watch-these-bitcoin-exchanges-will-not-support-bitcoin-cash/





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July 27, 2017, 06:31:09 PM
 #2

Has there been any word from Kraken?

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July 27, 2017, 06:32:11 PM
 #3

I was surprised to see Coinbase doing the right thing for once. Coinbase is known for constantly screwing up everthing in these type of decisions, to the point that was I considering Brian A. compromised or bribed somehow by Bitmain. It's good to see they are not supporting this nonsense.
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July 27, 2017, 06:34:45 PM
 #4

Has there been any word from Kraken?

Kraken would probably decline the idea of support BCC unless they want to operate at a loss or has been bribed by Bitmain. But idk, it still depends on how they see things even with UAHF around. But good thing that most exchanges declined since it will be somewhat confusing for some people around, too.
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July 27, 2017, 06:42:22 PM
 #5

I know in current, just have Bittrex and BTCC exchange say they will support Bitcoin Cash if have HardFork and split chain Bitcoin. But I think Bitcoin Cash just is a scenario as Bitcoin Core and Bitcoin Unlimit in past time. So, after August even have Bitcoin Cash, I still believe the price of Bitcoin can stand still or decreasing slightly.
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July 27, 2017, 06:48:40 PM
 #6

It is good for them to stick to the original. And this should be it. No one can stand the original coin that was created by Satoshi Nakamoto himself. Well if I were ask in which coin will I give my support I will choose bitcoin, the original one. Not the forked bitcoin.




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July 27, 2017, 06:48:47 PM
 #7

Just today I got an email from Bitstamp about not supporting BCC. They say this is an altcoin and I fully agree with that, as well.as with their decision. I.beleive many exchangers will do the same.

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July 27, 2017, 06:53:01 PM
 #8

Has there been any word from Kraken?

Kraken would probably decline the idea of support BCC unless they want to operate at a loss or has been bribed by Bitmain. But idk, it still depends on how they see things even with UAHF around. But good thing that most exchanges declined since it will be somewhat confusing for some people around, too.

There's no official statement yet. The thing with this situation is, it's on their selfish interest (of the exchanges) to get the coins listed, because it just means more exchange fees for them, so they would list any shit as long as it means more fees.

The problem with his behavior is, it shows they don't care about the network and only care about fees. If they support scams, they are portraying themselves as supporters of scams. They should ignore these hardforks or else we will keep crashing everytime some idiot wants to hardfork into some alt.
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July 27, 2017, 06:53:54 PM
 #9

Has there been any word from Kraken?
Kraken would probably decline the idea of support BCC unless they want to operate at a loss or has been bribed by Bitmain.
BITMAIN support the idea of a low-consensus hard fork ("UAHF"), but they do not fully support Bitcoin Cash and they're keeping all of their hash rate on the Bitcoin main chain.

If BITMAIN were to bribe Kraken to support something which they don't support, they would have to bribe them more than the amount of BCC they could earn by stealing it from their users.

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July 27, 2017, 07:00:42 PM
 #10

A very good move from those well known exchanges and this is going to make the decisions of the following exchanges as well. And once the major exchanges didn't support BCC then it will be just dumped and will forget forever.

Just today I got an email from Bitstamp about not supporting BCC. They say this is an altcoin and I fully agree with that, as well.as with their decision. I.beleive many exchangers will do the same.

Most of them has the same decision and good thing for us that they are doing the right step.
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July 28, 2017, 04:58:30 AM
 #11

Has there been any word from Kraken?

Here's the one I got from searching Kraken:

"Kraken has confirmed to trustnodes in a statement – though still unofficial – that the exchange will be listing BCC for trading in the first week of August. The statement is said to be unofficial because the exchange is yet to officially release a statement revealing their stance on BCC.

The exchange has added in their statement that they just like the recent ETH hard fork, they will be crediting their clients with BTC and BCC and will suspend trading and funding for a certain hours to ensure safety from replay attacks. The exchange added that they will be listing both the assets created as a result of the hard fork – one that accept BIP141 or BIP95 and the other one."

http://typeboard.com/2017/07/25/bitcoin-cash-support-increases-kraken-bithumb-confirming-listing/

However, when I try to click the trustnodes link , I'm getting an error. Until we get an official statement from them, I'm assuming they are not supporting  BCC yet.

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July 28, 2017, 05:32:42 AM
 #12

Supporting Bitcoin Cash: Bitfinex, Kraken, Bittrex, Huobi, Livecoin, BTCC, Bithumb, Viabtc, OkCoin

Not Supporting Bitcoin Cash: Poloniex, Coindash, GDAX, Itbit, Bitmex, Bitstamp

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July 28, 2017, 06:37:04 AM
 #13

bittrex said they will credit you your BCC in case the split happened and you were holding any bitcoins there so you don't need to withdraw and pay the fees and disturb your trading.

but they said they may not add any support for trading it.
source: https://support.bittrex.com/hc/en-us/articles/115000808991-Statement-on-Bitcoin-Cash-BCC-

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 28, 2017, 06:44:33 AM
 #14

I receive an email this morning saying that the coinbase will not support the splitting of the coin, They will just handle the the bitcoin it self so it's better to withdraw your funds in the coinbase if you wish to participate in the splitting of the coin. and I think many are going to participate with that.
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July 28, 2017, 06:47:03 AM
 #15

YoBit is ready for Bitcoin wallet update (1 or 2 forks). Btc deps/wds will be disabled on 31 jul - 1 aug.


https://twitter.com/YobitExchange/status/888020672198434817
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July 28, 2017, 07:35:01 AM
 #16

Supporting Bitcoin Cash: Bitfinex, Kraken, Bittrex, Huobi, Livecoin, BTCC, Bithumb, Viabtc, OkCoin

Not Supporting Bitcoin Cash: Poloniex, Coindash, GDAX, Itbit, Bitmex, Bitstamp

the big ones support the Bitcoin Cash  Smiley
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July 28, 2017, 05:58:48 PM
 #17

Supporting Bitcoin Cash: Bitfinex, Kraken, Bittrex, Huobi, Livecoin, BTCC, Bithumb, Viabtc, OkCoin

Not Supporting Bitcoin Cash: Poloniex, Coindash, GDAX, Itbit, Bitmex, Bitstamp

With Poloniex, Gdax, Bitstamp and Coinbase out there's a ton of traffic that isn't going to get exposed to the hardfork, so I suspect that a lot of people is about to get their coins out and into a safe private wallet. In fact, Coinbase is sending out an email notice that says "please, get your coins out before 72 hours if you want to receive your BCC".
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July 28, 2017, 06:06:29 PM
 #18

Has there been any word from Kraken?

Yes, Kraken says it will support bitcoin cash. I got an email from them saying so. Here is a link to the news:

https://www.cryptoninjas.net/2017/07/28/cryptocurrency-exchange-kraken-support-bitcoin-cash/

¯\_(ツ)_/¯

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July 28, 2017, 06:08:43 PM
 #19

I have created a poll to see how the community views the fork and the future of bitcoin. Please answer the poll so we can have a statistically significant number of responses.

https://bitcointalk.org/index.php?topic=2048167.0;all

I am trying to be fair on that poll and included as many answers as I could think of. I will keep the poll open until a couple of hours before the Aug 1st fork. Let's see if the wisdom of the forum is indicative of how it will turn out.

Thank you for participating.

¯\_(ツ)_/¯

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July 28, 2017, 06:14:59 PM
 #20

Supporting Bitcoin Cash: Bitfinex, Kraken, Bittrex, Huobi, Livecoin, BTCC, Bithumb, Viabtc, OkCoin

Not Supporting Bitcoin Cash: Poloniex, Coindash, GDAX, Itbit, Bitmex, Bitstamp

the big ones support the Bitcoin Cash  Smiley
Apart from Poloniex, by far the altcoin exchange, and Coinbase and Bitstamp, large Western exchanges.

People are discussing exchanges deciding not to support Bitcoin Cash as if what they're doing is good.  

The reality is that very large numbers of people (irresponsibly) leave their coins in Coinbase and other major exchanges and ignore them.  They will lose the ability to withdraw their BCC and have control of it, so they will potentially lose quite a bit of money that they should own.

There's a difference between allowing trading and allowing withdrawals.  Kraken has the right response, which is that they are not necessarily trading it but they will try their best to have a clean split and credit all of their users' balances with an equal amount of BCC to their amount of BTC and let them withdraw their BCC holdings.
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