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Coinbase | BTC SegWit2x Updated Tickers

marty.mcfly

Published: 23 Oct 2017 › Updated: 23 Oct 2017Coinbase | BTC SegWit2x Updated Tickers

Coinbase | BTC SegWit2x Updated Tickers

Coinbase has chosen to abandon the upgrade of SegWit2x giving the chain the B2X ticker on their website, opposed to the much anticipated ticker of BTC.

They will also be taking a different approach than how they handled the Bitcoin Cash fork in August, having yet to provide customers with their Bitcoin Cash. Within 24 hours of the SegWit2x hard fork, Coinbase claims they will permit buying and selling of both the SegWit1x chain and the SegWit2x chain on their platform. Transferring of Bitcoin to and from Coinbase however, will be opened up after a 48 hour window has elapsed.

Ideally, BTC would have gone to SegWit2x or not given to either to avoid confusion. Yet, as we approach the Nov.16th hard fork, we can be sure there will be much more confusion and concern as other exchanges choose different paths for the BTC.

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