Sorry newbie, but growing fears about another fork in November. I guess similar question to the Bitcoin Cash ordeal which I missed.
Would your private key exist on both chains?
How do you know if you have a wallet that will support both coins in case you wanted to cash out? (For example something like Coinbase.)
How would you access and trade the resulting 'alt' coins?
Would your private key exist on both chains?
How do you know if you have a wallet that will support both coins in case you wanted to cash out? (For example something like Coinbase.)
How would you access and trade the resulting 'alt' coins?
You can redeem the forked coin easily if you own bitcoin in your desktop wallet such as electrum.Don't keep your coins in a web wallet such as coinbase because they can decide to keep for themselves the forked coin or take time until they release it.
I take my self as an example,I was using Xapo wallet during 1st August fork.Until now they still didn't release our bitcoin cash.They take a very long time to release it to users.
Good luck
