What I Have to Do With My Bitcoins?

     After announcing their next step to fork, many people who use the digital currency wondered, what would they do with their Bitcoins? I will keep them after the division?

     It is important to emphasize first of all that the Bitcoin you have the people in your accounts will not be lost as they will continue to belong to the original chain. What can happen is that the Bitcoin Exchange or house of exchange for which the transactions are made does not support the new Bitcoin Cash. Therefore, people who have Bitcoin will have a similar amount in BCH (Bitcoin Cash). However, the price or value of each currency will depend on the current market and will not be divided. Likewise, it is advisable for people who have BTC to transfer them to another e-wallet and thus secure their investment.

     However, many exchange houses, Best Bitcoin Exchange and other Bitcoin Exchange have stated and affirmed that they will have no problems with the emergence of the new digital currency and that their accounts will be kept intact and safe from any inconvenience that may arise. Bitxoxo, one of the Best Bitcoin Exchange in India assured its clients that it will be safe in the face of any circumstance and in case of any change you will be informed immediately.

     Another question that has arisen with this situation is if the users that have Bitcoins in said Bitcoin Exchanges can make use of their Bitcon Cash when the fork occurs. The answer is that they can do so as long as the exchange house supports cryptocurrency.

     Several of the Best Bitcoin Exchanges from different parts of the world have already announced that once the bifurcation takes place they will offer the respective amount of BCH to the users that have accounts in them and will keep the same Bitcoin balance.

     Another recommendation that some exchange houses have made is to create a new seed in the Bitcoin portfolio and take certain steps to secure the money. To do this you can follow the following steps: first create a new seed in your portfolio where you have saved your BTC, after the first of August, after the fork happens, pass all your Bitcoin funds the new seed. Then you must create another seed where it is accepted BCH transfers the seed to the new one so that you can use your two cryptocurrencies. That way you can use each cryptocurrency individually.