Zebpay’s Update on Bitcoin Gold
Crediting Bitcoin Gold (BTG) and
introducing Bitcoin Gold (BTG) trading pairs.
If you held Bitcoin (BTC) balance more than 0.05 BTC in Zebpay account at the time of hard fork, we will be crediting your wallet with equivalent Bitcoin Gold (BTG) on 28th August 2018, 1 PM IST. Introducing Bitcoin Gold (BTG) on Zebpay exchange with 3 trading pairs: BTG-INR, BTG-TUSD, BTG-BTC. Bitcoin Gold (BTG) deposits are live from 28th August 2018, 1 PM IST. Bitcoin Gold (BTG) withdrawals and trading will start from 28th August 2018, 4 PM IST.
More in detail.
In our earlier Bitcoin Gold (BTG) update, we had announced:
Our first priority will be ensuring the safety of user’s funds in events like hard forks. Secondly, we believe that our users should benefit from forks wherever feasible. However, safety and security are important considerations at Zebpay before supporting a new asset. Hence, we will not support the Bitcoin Gold fork at this point in time and we will continue to monitor the Bitcoin Gold blockchain. If the network proves to be secure and valuable, we may decide to support it at a later point in time.
As per Zebpay’s stance on forked coins, we have recovered Bitcoin Gold (BTG) considering security and feasibility. We hereby announce, all users holding Bitcoin (BTC) balance of bitcoin with Zebpay during the hard fork on October 25th (Block Number 491407) will be credited with equivalent Bitcoin Gold (BTG) on 28th August 2018, 1 PM IST.
Zebpay will use the timestamp of the last common block of BTC/BTG chain. This happened at block height 491406 – timestamp – 24 October 2017 01:20:05 (UTC). Zebpay will use this time to determine how many BTG coins will be credited to the users.
If you held Bitcoin (BTC) balance more than 0.05 BTC at the time of fork, you will get equivalent Bitcoin Gold (BTG) credited to your account.
No action is required from your end. As per eligibility, we will automatically credit equivalent Bitcoin Gold (BTG) in your account. Your existing Bitcoin funds remain safe and Bitcoin Gold (BTG) will be safely stored in your Zebpay wallet.
In case you are not able to see Bitcoin Gold in your wallet, please follow this support article.