Japenese Exchanges get ready for Segwit2x

in #bitcoin7 years ago

Japan's local exchanges such as Bitbank, Tech Bureau are planning to let trading continue, while withdrawals and deposits will be temporarily blocked ahead of Segwit2x.
bitFlyer, have not yet announced a plan of action.
With the volatility and uncertainty, many traders are seen to be exiting crypto completely which is building pressure on prices of all major currencies or even fully while others seek to grasp opportunities during this time.
image
BitFlyer announced the introduction of Litecoin on July 12. The timely addition may be no coincidence. The currency touted as ‘silver next to Bitcoin as gold’ has appreciated four-fold since the beginning of the year and is quickly lining up to be hedging instrument

Sort:  

It will be interesting to see if the decision of exchanges to freeze deposits/withdrawals will have any effect on the volatility

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by maochitse from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.