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October 29, 2017, 09:13:05 AM |
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I sent these questions to Bitfinex support, but haven't gotten a response yet. Hoping some people know the answers on here:
Question 1a) Assuming I had split my BTC into BT1 & BT2 tokens well in advance using the Token Manager, and assuming both chains will exist, when the first Segwit2X block #494784 is mined, how soon do my BT1 and BT2 tokens get converted respectively to BTC & B2X, and can begin trading them? (For example, one exchange says they may take up to 24 hours to resume trading for BTC & B2X, I'm hoping Bitfinex has this process automated with minimum downtime). My goal is to make sure I am able to trade both BTC & B2X as soon as the fork occurs.
Question 1b) What is faster - just holding a BTC balance right before the fork, and waiting until Bitfinex credits me with 1:1 BTC:B2X, or will it be faster/smoother to use the token manager in advance, and wait until Bitfinex automatically converts the BT1 & BT2s into BTC/B2X respectively?
When you say ensure "Continuous trading" for BT2/B2X chain, does it mean that as soon as the fork happens- block #494784 is mined- the BT2's are automatically converted to B2X, or will you likely have to freeze trading and make sure the fork went smoothly?
Thanks I hope my questions make sense, please really try to answer them with consideration.
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