BTC, BCC and Hard Forks – Oh MY!

July 28, 2017
Chris Wheal

OpenLedger care about our community, and our priority will always be on the safety of your funds. In the event of a Bitcoin Hard Fork on August 1, 2017 or soon thereafter, we will be unable to support Bitcoin Cash (BCC), the coin associated with the Bitcoin Cash offer. Those who wish to take part in the split and support BCC need to withdraw funds on their own wallets, where they have access to their own private key.

OpenLedger have decided, in order to ensure the safety of your funds, to disable bitcoin deposits and withdrawals on July 31 2017 at 11:00PM GMT (London Time) to safeguard that all BTC funds on our exchange remain secure. OpenLedger users who wish to access both bitcoin (BTC) and bitcoin cash (BCC) need to withdraw bitcoin stored on OpenLedger before 11:00 pm GMT July 31, 2017. If you do not wish to access bitcoin cash (BCC) then no action is required.

Trading of the decentralized asset OPEN.BTC will remain unaffected throughout the hard fork. Bitcoin deposits and withdrawals will be resumed only when we deem it safe to do so. OpenLedger shall not be held liable for any consequences from our decision, from neither a financial, operational nor regulatory standpoint.

OpenLedger’s sole focus is on you and your best interests, and we are watching this situation carefully. For more information and updates, please stay tuned via our newsletters, social media pages and websites, www.openledger.info and www.openledger.io

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

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