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Author Topic: Bittrex supporting Bitcoin Gold - will credit BTG on fork !  (Read 6101 times)
pawanjain (OP)
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October 22, 2017, 06:54:03 AM
 #1

Bittrex is now supporting the fork and will credit equivalent amount of BTG to our wallets. Finally a good news for us.
Link to statement : https://support.bittrex.com/hc/en-us/articles/115002320451

I guess its time to move the BTC to Bittrex and wait for the fork to finish. Many people will hold their Bitcoins in Bittrex wallets as they are safer than other exchanges. They provided the BCH very quickly during Bitcoin Cash hard fork and similarly they will be giving Bitcoin Gold now.
So how many of you are moving your coins to Bittrex ?

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HasHe
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October 22, 2017, 07:06:27 AM
 #2

Well,that seems to be very surprising.Previously,bittrex had answered to a similar question that they would not answer such questions and if any one wants a coin to be listed in bittrex,then they should encourage the dev to a new coin submission in bittrex.

Definitely,this is a great development and a good news for people who had been longing for free air drop.So now,most of them would deposit their bitcoins in bittrex.

But remember that almost thousands of accounts have been recently banned from withdrawing bitcoins in bittrex exchange.Even they are banned to open support tickets.So,be cautious.

Don't get caught in the desire of earning some free BTG coins.

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October 22, 2017, 07:07:09 AM
 #3

I am sure bittrex will add this new clone for trading sake.
Bittrex is centralized exchange and they are looking for ways to boost volume.
They make a living from volume.
I am not surpised they support Bitcoin Gold.
Probably, they are going to support any next clone, as well.  LoL  Grin

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October 22, 2017, 07:13:07 AM
 #4

Bittrex is now supporting the fork and will credit equivalent amount of BTG to our wallets. Finally a good news for us.
Link to statement : https://support.bittrex.com/hc/en-us/articles/115002320451

I guess its time to move the BTC to Bittrex and wait for the fork to finish. Many people will hold their Bitcoins in Bittrex wallets as they are safer than other exchanges. They provided the BCH very quickly during Bitcoin Cash hard fork and similarly they will be giving Bitcoin Gold now.
So how many of you are moving your coins to Bittrex ?

There's no need to move BTC to Bittrex. This isn't going to be like the Bitcoin Cash launch. There will be a snapshot of the BTC blockchain and the launch will be a few days later. It's not worth risking all your coins on this exchange, especially within days/weeks of the account locking fiasco. Lots of people are still locked out of their accounts (due to unknown KYC/residence/etc issues) and have been for many days now, with no explanation from the exchange.

You can secure your BTC on your desktop wallet. Once the snapshot has occurred, move those coins to another safe address. The empty address(es) will hold BTG and you can import those keys into a BTG wallet once they launch. Safety first! Don't let greed to make a couple bitcents per coin make you sloppy about security!

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October 22, 2017, 07:13:24 AM
 #5

That's good news, not all exchanges are supporting this. Thanks for sharing the info.
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October 22, 2017, 07:13:38 AM
 #6

I thought only yobit that will support BTG since I'm less trust on that exchanger.
Well it's time for me to move some of my bits into bittrex since I've trade with bittrex over 3 years and I'm never experience any problem
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October 22, 2017, 07:18:35 AM
 #7

I think they will make a snapshot of our Bitcoin wallet to get the Bitcoin Gold airdrop on the 24th but they wont open the market for trading it until Bitcoin Gold meets their criteria. You guys should read this statement from Bittrex:
https://support.bittrex.com/hc/en-us/articles/115002320451

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October 22, 2017, 07:19:12 AM
 #8

Bittrex has a lot of good coins and also shitcoins , it was good once but due to weak support ship lots it's market value and it's not on the top any more, i liked it but before it wants me to increase my verification!i don't trust it any more!
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October 22, 2017, 07:50:26 AM
 #9

I have no plans on moving my bitcoins on bittrex as its been acting weird in the past few days not to mention it is still until now e.g. unexplained disabled accounts. There's a high chance of my account getting disabled if i put my btc's there furthermore they'd decreased their withdrawal limit and they have a high withdrawal fee, I think i'll be getting losses rather than profits. Many people are expecting the same exact thing that happened on bch but that time and today are different. Different coins, different supporters. Still security over profits imo

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October 22, 2017, 08:07:46 AM
 #10

Yes, this is true.
But Bittrex have problem with many account, they blocked and request enhanced verification.
Why? Crypto currency must be anonymous!
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October 22, 2017, 08:11:22 AM
 #11

That's some good news as not all exchanges are supporting this. Thanks for the info.
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October 22, 2017, 08:14:54 AM
 #12

Bittrex is now supporting the fork and will credit equivalent amount of BTG to our wallets. Finally a good news for us.
Link to statement : https://support.bittrex.com/hc/en-us/articles/115002320451

I guess its time to move the BTC to Bittrex and wait for the fork to finish. Many people will hold their Bitcoins in Bittrex wallets as they are safer than other exchanges. They provided the BCH very quickly during Bitcoin Cash hard fork and similarly they will be giving Bitcoin Gold now.
So how many of you are moving your coins to Bittrex ?

Well they still have other problem on withdrawal thing. So no, i'm not moving my bitcoins to bittrex. I prefer to hold my bitcoins on blockchain wallet because blockchain also supporting the fork right now. But it's a good news though for bittrex user.
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October 22, 2017, 08:17:33 AM
 #13

What about blockchain(cold wallet with my own private key)?

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October 22, 2017, 08:19:03 AM
 #14

I guess its time to move the BTC to Bittrex and wait for the fork to finish.
No thanks! Bitcoin Gold may at best be worth a few percent of Bitcoin. Trusting an exchange with your Bitcoins is always a risk, trusting them for something this small isn't worth it (to me). I own my own private keys, after the Gold fork I'll separate all my Bitcoins, Bitcoin Cash and Bitcoin Gold (in this order!) into separate addresses. From there, I'll see what to sell and what to keep.
The Bitcoin Cash fork taught me once again I can't time when to sell, and right after the fork (during huge dumps) isn't the best moment to sell.

Bittrex
Quote
Bittrex will close deposits and withdrawals of Bitcoin (including 2nd layer protocol XCP/OMNI and associated assets) 24 hours prior to the BTG snapshot block 491,407 occurring approximately on October 24, 3am PT (10am UTC). The wallet will remain closed until the on-exchange snapshot is complete. Trading will remain active during this time.
I don't understand why they need to close their wallet to take a snapshot. The snapshot on the blockchain will happen at that exact block, Bittrex needs to ensure they take a snapshot of all account balances at that exact same time. If they don't close Bitcoin trading, they can't use 24 hours to take that snapshot, they'll need to do it the second the fork happens.

But Bittrex have problem with many account, they blocked and request enhanced verification.
Why? Crypto currency must be anonymous!
If you want to be anonymous, don't use a centralized exchange.

What about blockchain(cold wallet with my own private key)?
It will be very similar to the Bitcoin Cash fork: [GUIDE] How to claim Bitcoin Cash

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October 22, 2017, 08:24:50 AM
 #15

That's nice to hear but I don't think it is worth the risk to put all your coin in just because of it,
It's better to be safe than sorry so better think wisely before moving your money.

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October 22, 2017, 08:30:33 AM
 #16

Of course Bittrex will be adding Bitcoin Gold, all the fees involved are nice for them, it is of course good for most people who do not want to mess with claiming the coin after via wallets and even the dodgy coin exchange websites, send your privkey, yeah right... be careful out there.
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October 22, 2017, 08:31:48 AM
 #17

finally a good news from this exchange. I used a lot because they support a lot of good altcoins that are not listed in other exchange with decent volume.
probably a lot of altcoins after this news could drop down... but move my btc to this exchange is an useless move, because if I have my coins already stored in my wallet, why I need to move now in an exchange?!

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October 22, 2017, 08:32:58 AM
 #18

I won't use them anymore.. last week i too got the verifcation message.
Don't know or care if i am locked out or what i just closed the window and won't go back.
So this news does not concern me  Cheesy

I did not get involved in this stuff to start sending my picture ID around.
It's bad enough i got pounded into submission with crypto related spam from the email i used at Cryptsy.
Crypto email spam is getting to be a bloody epidemic  Angry

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October 22, 2017, 08:35:08 AM
 #19

I have no intention to move my bitcoins to bittrex. I don't like their lengthy verification process, lacking customer support and many unusual frustrating undergoes.
Blockchain.info supported bitcoin cash before, hopefully it would also support bitcoin gold and make us able to swap BCG after fork finishes.

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Jeger.Kiting
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October 22, 2017, 08:40:12 AM
 #20

I thought only yobit that will support BTG since I'm less trust on that exchanger.
Well it's time for me to move some of my bits into bittrex since I've trade with bittrex over 3 years and I'm never experience any problem

I really agree with you, because yobit in my opinion is a bad market, maybe most of the coins in yobit trading is bad in my eyes. maybe you are not wrong choose to trade in Bittrex because Bittrex is a very good market in trading at the moment.
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