Hey guys,
Hearing so many things about the August 1 fork that i really don't know if i should keep or remove my BTC from Coinbase.
What you guys think? Its safe to keep them there?
Thanks.
1. Coinbase doesn't support UAHF or its associated coin (Bitcoin Cash). If you want to access your coins on the UAHF chain you should withdraw your funds before July 31.
2. Four hours before the UAHF event until the network stabilizes Coinbase would suspend all deposits, withdrawals, buy/sell options. All exchanges would be following this same procedure.
Any transactions on August 1 until there is network stability is not recommended and don't keep your funds on any exchanges. Move it where you have access to private keys.
https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faqA helpful explanation, it is better to convert it now into fiat money or exchange it to altcoins even if it is stored in a wallet that can be accessed with a private key is very safe and reliable, these are just a few options.