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Binance Hard Fork Contingency Plan

Binance Hard Fork Contingency Plan

2017-07-19 02:20

Dear All,

 

Binance is preparing for the upcoming potential Bitcoin fork with the following procedures:

  1. Before the potential fork, Binance may suspend Bitcoin deposits and withdrawals. The time should be before August 1st, 2017, but we will give out a specific time later.
  2. If Bitcoin splits into one or more chains, Binance will give you every type of Bitcoin.  We will add trading pairs for the popular forks.
  3. If unexpected events occur during the potential Bitcoin fork period, Binance may temporarily suspend trading.
  4. If you are unsure of how to deal with the technical issues with bitcoin forking, feel free to deposit Bitcoin to Binance in advance and we will handle it for you and ensure you have all possible assets after the fork.

 

Thank you for your support!

 

Binance Team

July 19th, 2017