Bitcoin Fork Policy Update

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by Tether | Jul 28 2017

Dear Tether.to Customers,

We wanted to provide an update on proposed changes to the Bitcoin network and what that means for Bitcoin (BTC) stored on Tether.to.

We want to ensure our users that all funds stored on Tether.to will be safe and unaffected in the event of a fork.

Bitcoin Cash (BCC) is the proposal currently scheduled to take effect on August 1st, 2017. It will most likely result in a fork of the Bitcoin network which will produce two versions of the Bitcoin blockchain and two separate digital currencies, Bitcoin (BTC) and Bitcoin Cash (BCC).

Unfortunately Tether.to will not be able to provide support for Bitcoin Cash (BCC). As a result, after August 1, 2017 Tether.to will only support Bitcoin (BTC). Customers with Bitcoin (BTC) stored on Tether who wish to take advantage of the fork and have access to Bitcoin Cash (BCC) will need to withdraw any Bitcoin (BTC) from their wallet before 11.59 pm PT July 31, 2017. Users who do not wish to access Bitcoin Cash (BCC) do not need to take any action.

Thank you, Tether.to Team

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