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Bitcoin Gold Hard Fork
In preparation for the upcoming fork, we would like to be transparent with our procedures to make sure no one is confused about what will happen with our services before and after the fork.
We will begin by suspending all Bitcoin transactions at approximately 8am UK time Tuesday the 24th of October. This is just after midnight server time. You can see server time top of summary page.
This will be a system wide suspension of bitcoin in our payment platform. To try to prevent any misplaced/lost coins, any pending bitcoin withdrawals or conversions will be cancelled around the time of suspension.
Estimated Time Of Resumed Services?
Bitcoin transactions on our system will hopefully resume within 24 hours of this, and we will be guided by our bitcoin commercial API provider, coinpayments. This is only an estimated time. It may be longer depending on how the bitcoin network handles the fork.
Shortly after suspending bitcoin transactions, we will be moving all our bitcoin to a secure cold storage for safe keeping, and once the blockchain has stabilised, we will transfer the bitcoin back to coinpayments.
You can find out more about Bitcoin Gold HERE
We will notify everyone when we enable bitcoin transactions again.