CEX.IO News

Update: CEX.IO Position on Bitcoin Gold and SegWit2x

, October 20, 2017

Earlier this week, we revealed our position on SegWit2x and announced possible platform arrangements. As the split approaches, we want to update you on how the future changes would impact your operations on CEX.IO.

First and foremost, we are convinced that technologies have to develop as advancements are a part of the process nobody can stop. Taking the middle position between cryptocurrency creators and users, we should not accept either of the sides of debates on SegWit2x and Bitcoin Gold forks.

The cornerstone of our philosophy is the provision of convenience, comfort, and opportunities to our clients. Therefore, we will keep all your operations running, regardless of the modifications.

Bitcoin Gold (BTG)

As soon as BTG fork happens, we will split the coins as well as add the balances and the following pairs:

•    BTG/BTC

•    BTG/USD

•    BTG/EUR

•    BTG/GBP

Deposits and withdrawals from your old BTC address will work as before. BTG deposits and withdrawals will be enabled later. And we guarantee that all users will receive the BTG in correspondence to the Bitcoins on their CEX.IO accounts. We will provide more details about the particular proportion later.

Bitcoin SegWit2X (B2X)

As soon as B2X fork happens, we will split the coins and add the following pairs:

•    B2X/BTC

•    B2X/USD

•    B2X/EUR

•    B2X/GBP

In this case, it is possible that we will stop withdrawal and deposit operations of BTC until we are sure they are safe and secure for our users. Deposits and withdrawals of B2X will be available for the users later. Track the updates on our blog to gain additional information about the particular proportions.

In any case, you should not worry because of the massive changes Bitcoin is going through. Whatever happens, we are going to act in the best interest of our clients.

Related

CEX.IO News

BCH Is Back on Track

After the Bitcoin Cash fork, we’ve put much effort into securing your funds on both new chains and have applied an extra layer of safety measures. Now that we’ve ensured that the BCH ABC and BCH SV networks are stable and operational, we’ve completed the split and credited coins

Dec 04, 2018 | 2 min read
CEX.IO News Education

How to Identify a Scam and Not Fall Victim

With money, safety comes first! It is our responsibility as a trusted crypto exchange to help users protect themselves from crypto scammers. It can sometimes be difficult to identify scammers at first glance. So we encourage you to keep personal information secure by not trusting it to any potentially

Feb 27, 2019 | 7 min read
CEX.IO News

Card Withdrawal Commissions and Payments Processing Improvements on CEX.IO

CEX.IO was the first exchange to popularize purchases of cryptocurrencies via credit and debit cards. For us, it is important to constantly improve on payment options currently offered in the market. More and more people are asking for reliable fiat service, without any delays or technical inconveniences. We are

Jan 31, 2019 | 3 min read