HitBTC to support Super Bitcoin hard fork
HitBTC keeps a close eye on the latest events in the crypto industry and strives to integrate the most ambitious and innovative projects. This is the reason we have chosen to support Super Bitcoin.
Super Bitcoin is a Bitcoin hard fork scheduled to happen at the block 498888, which should be mined approximately on December 12. As soon as it’s reached, a new chain will be formed and SBTC tokens will be created.
HitBTC will be supporting the fork in case it occurs to make sure our traders stay ahead of the curve. We will take a snapshot of our clients’ funds both on Main and Trading account at the time the fork takes place and credit the exact amount of SBTC tokens as Bitcoins our traders are holding on their accounts. To make sure you get the tokens of the new chain in case it is created, please deposit your BTC to HitBTC account in advance.
The token will be listed under the ticker SBTC and will be paired with BTC, ETH and USDT. Our team is going to make sure all Bitcoin operations stay uninterrupted during and after the fork and your assets will be secure. Deposits and withdrawals for SBTC will also be enabled in the following days after the fork, please check our updates to be the first to find out.
The project is organized by a team of enthusiasts and developers sharing the goal to restore the leading position of Bitcoin, as it’s facing strong competition from Ethereum and Zcash. The core features of the hard fork will include:
- support of zero-knowledge proof Safeguard privacy
- implemented Turing complete smart contracts, making scaling for more functionalities possible
- 8 Mb block size
Learn more about SBTC on its official website.