Arrives on August 1 What do I do with my bitcoin?
Hello friends! If as you are going crazy with the topic on what to do with your bitcoins before August 1, I will tell you what I will do personally.
I imagine that you will know that on August 1 may have (or not) a HardFork and Bitcoin can be divided as it did ethereum in its day in 2 different currencies (or even more).
What do we do?
(if I explain something wrong correct in the comments)if they do not have their bitcoin in a portfolio of which they have control of the keys or a wallet to ensure that if there is hardfork will give you support in both scenarios what will happen is that they stay with their bitcoins as they are now.
In return if you have your Bitcoin in a wallet with control of the keys or that support if there is a Hardfork will have 1 bitcoin "new" for every Bitcoin "old", if this happens on my part I prefer to have both and here are the problems for those who like me are not experts and what we want is a quick and simple solution.
As I have seen that solution gives us Bittrex that says the following:
If you have a Bitcoin (BTC) balance on Bittrex during the BCC UAHF time on August 1st, 5:20am (12:20pm UTC), you will be credited the equivalent amount of Bitcoin Cash (BCC) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BCC.
info:
https://support.bittrex.com/hc/en-us/articles/115000808991-Statement-on-Bitcoin-Cash-BCC-
So if we deposit our money in Bittrex we don't have to do anything, they give us support and if there is Hardfork we will "give" the new currency created, just what I wanted!
I hope it helps and if you have any advice or if you want to contribute something please comment! :)