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Author Topic: Are Bitfinex accounts already ready to receive BCH?  (Read 343 times)
BitcoinWatcher (OP)
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August 01, 2017, 05:55:17 PM
 #1

So I've had all my coin in bitfinex for the last couple days because I want my BCH hand out. Well Bitfinex published this today:
https://www.bitfinex.com/posts/213

From what I've read they already took the coin they would account for the distribute BCH and you receive that many based on your walets at that time, correct? As in, for example I have 0.5 BTC at August 1st, 2017, 12 13:16:14 UTC and if I were to trade it for ethereum and take it off the exchange I would still receive .5 * ~1.09 (the coefficient they listed in original post) BCH right?

I would like to know because I'd rather switch the BTC I have right now into ethereum beause bitcoin is being more stagnant and facing a downtrend and ethereum is taking an up trend and I plan on cashing out soon anyway. I'd rather hang on to my BTC and receive my BCH if trading my BTC for ETH will make bitfinex not give me my BCH.
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August 01, 2017, 06:33:41 PM
 #2

Yes you might get BCH on your bitfinex but you might have to wait to trade them for real btc or usd.

Quote
We will form a view on whether to list BCH markets based on how the situation evolves. As soon as a decision has been made, we will alert our users via an announcement on https://www.bitfinex.com/posts and via www.twitter.com/bitfinex

Keep an eye on their twitter handler, when difficulty of bitcoincash chain will be adjusted we may see few blocks than bitfinex along with many other exchange platforms will list bitcoincash for trading.

 
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BitcoinWatcher (OP)
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August 01, 2017, 07:07:48 PM
 #3

Yes you might get BCH on your bitfinex but you might have to wait to trade them for real btc or usd.

Quote
We will form a view on whether to list BCH markets based on how the situation evolves. As soon as a decision has been made, we will alert our users via an announcement on https://www.bitfinex.com/posts and via www.twitter.com/bitfinex

Keep an eye on their twitter handler, when difficulty of bitcoincash chain will be adjusted we may see few blocks than bitfinex along with many other exchange platforms will list bitcoincash for trading.

So its safe for me to use shapeshift.io to convert my BTC into ethereum in my coinbase wallet where I intend to cash it out right now and I will still have my BCH in bitfinex and will appear after they allow withdrawals? Really need to know because I've been missing out on growth I saw coming on ETH today -.-
Quickseller
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August 02, 2017, 04:48:44 AM
 #4

Users received 0.8539 BCH for every 1 BTC in 'settled' balance they were holding as of August 1st, 2017, 13:16:14 UTC earlier this evening (EST).

Customers cannot currently withdraw BCH, nor can they trade it, however updates regarding both trading and withdrawals are expected within the next 24-48 hours (likely in less time).

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