Post
Topic
Board Altcoin Discussion
Re: 12/28 SegWit 2x - Move BTC to wallet?
by
bitperson
on 25/12/2017, 13:19:46 UTC
Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28? I have read that this is the best way to get any new currency that will be added. I am just wondering how important this is since the network is already overwhelmed and the fees are high.
The answer pretty much boils down to whether you believe those exchanges will support the forked coin. It took Coinbase/GDAX several months to offer their customer access to their Bcash. And there's no guarantee than any given exchange will support any given altcoin. But you're right that Bitcoin transaction fees are very high right now.