SIMPLEFX STATEMENT CONCERNING “SEGWIT” BITCOIN AUGUST 1 EVENT
( Informational post only. email received from SimpleFX marketing.
At this time, I have no opinion on SimpleFX, and am simply posting this for
informational purposes. I do have experience with Evolve.Markets, which is
an outstanding broker which does not discriminate against U.S. persons, mainly
because it doesn’t ask any questions at all… SimpleFX may be a competitor
but at this time I have no specific experience.)
you’ll want to know about
Crypto Indexes are already available
What does it give you?
Ultra-fast data feed
Faster order execution
How is it achieved?
Indexes are based on average prices from multiple exchanges
We use leading exchanges with highest trading volumes and proven reliability
New cryptocurrency on board
We have also enabled Dash as a new deposit currency with Instant Send. It will join Bitcoin and Litecoin, which we’ve had for a while now.
We are SEGWIT ready
What is Segwit?
It’s an upgrade of the bitcoin that will take place on 1st August at 00:00 UTC.
Why is everyone talking about it?
After the upgrade the blockchain will either return to normal reliability, or there will be two competing versions of Bitcoin.
What will we do?
Regardless of the result, SimpleFX is prepared for any scenario
24 hours before the event we will stop accepting bitcoin deposits and processing withdrawals; we’ll resume them once the upgrade is finished
What if I need to make a deposit or withdrawal during that time?
All the other crypto (Litecoin and Dash) and fiat currencies will be available the whole time.
SimpleFX Team "
Good Trading ! hyperscalper