KuCoin Statement on Bitcoin hard fork Bitcoin Private (BTCP)

2018/02/27 21:54:44

Dear Users,

KuCoin is preparing for the upcoming potential Bitcoin hard fork with the following procedures:

1, A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. This case is somewhat unique, whereby ZCL and BTC will be co-forked into Bitcoin Private (BTCP).

2, Snapshot date: February 28th, 2018.
Fork Date & Mainnet Launch: Approximately 2 days later.

3, When the hard fork occurs, a snapshot of all existing ZCL and BTC holdings will occur. Anyone holding ZCL or BTC in a wallet or supported exchange will be credited Bitcoin Private (BTCP) at a 1:1 ratio. For example, if you hold 10.1 BTC on KuCoin, you will receive 10.1 BTCP.

Bitcoin Private (BTCP) Official Website: https://btcprivate.org/?lang=en

Thanks for your support
KuCoin Team