August 1st is now on us. And to say the Great Britain "Hard Fork" is now about to confuse the hell of the causual cryptocurreny observers and users. And here's what you all must know. Quite simply, if you're using any exchange that is explicitly is the support of the Bitcoin Cash or even you control your own private keys then you're fine. And if you're keeping your bitcoin on an exchange, like coinbase, that does not support Bitcoin Cash, then you should transfer your bitcoin immediately unless you don't want to deal in Bitcoin Cash. It is rather good to keep your own private keys and for this time it is really good to get your coins off any exchange you would have used in past. For details head over to Coindesk here.
Which wallet?
This is still very simple you really need control of your own keys.
The bottom line in any case is simple: you need to control your own keys. Your results may vary and I don’t actively endorse either of these products.I really don't trust any tools or exchange much. Keep track of your seed, friends. Please be careful. Check and send test amounts before sending money anywhere.
But I’m still afraid
You ought to be. This demonstrates a solid regard for an innovation whose trademarks are straightforward obscurity and dynamic crusades of Fear, Uncertainty, and Doubt (FUD). On the off chance that you've put your life reserve funds into Bitcoin then I trust you've been following this much more intently than a solitary post the day preceding the fork. On the off chance that you possess maybe a couple please move your Bitcoins to a neighborhood wallet and endure it.