Hard Fork Dont keep your bitcoins in an exchange during the fork if you want your free forked coins. Say, the US had a rule, where minimum highway speed should be forex trading clock desktop 30 miles and maximum 60 miles. Hodl your bitcoins in a non-hosted wallet : Keep your Bitcoins in wallets like. Store Bitcoin Cash in Atomic Wallet. Know how to sign a message with your Bitcoin wallet: This is a new way of claiming your free forked coins. Just to put in perspective how much all this hassle is worth, you should look at the prices of the past forked coins from Bitcoin. Most of the companies and exchanges are willing to support BitcoinABC hard fork only.
Fork in the crypto world means protocol changes that have no backward compatibility with the previous version. Hodl in software wallets: If you dont have a hardware wallet, use software wallets like. What is a soft fork? It is important to check because if you hold your coins on a segwit address, you will need a segwit wallet to claim your forked coins. Usually, the new version inherits all the historic transactions and, from now on, each version will have its own transaction history. The hodl strategy will reward you in your long-term journey of crypto as well as open up new avenues of earning profits from the resulting hard forks and airdrops in the cryptosphere.