The waiting time is over, Bitcoin Private, the hard fork of Bitcoin (BTC) and ZClassic (ZCL) is now available to be traded on TradeSatoshi and Kucoin will follow soon. Furthermore, other exchanges like Bittrex are going to deliver the funds in the coming days.
Bitcoin Private Trading is Live
For those impatient cryptocurrency enthusiasts, Bitcoin Private is now live on TradeSatoshi, a London-based cryptocurrency exchange. The information has been released by TradeSatoshi on its Twitter account.
“Bitcoin Private $BTCP markets are live and users have been credited with the appropriate amount,” reads the Tweet.
Bitcoin Private $BTCP markets are live and users have been credited with the appropriate amount
— Trade Satoshi (@TradeSatoshi) March 7, 2018
On February the 24th, TradeSatoshi announced that they were going to support the Bitcoin Private for. Users that hold ZCL at the time of the hard fork at TradeSatoshi were going to receive the corresponding funds in Bitcoin Private. Each BTC and ZCL you were holding at the exchange gave you 1 BTCP.
KuCoin has also started distributing BTCP tokens to BTC holders. According to an official statement, by KuCoin, the company informs that they are distributing BTCP coins to all users.
“KuCoin has started distributing the hard for Bitcoin Private (BTCP) to all users. You can check the distribution record through the deposit tab in your KuCoin account. Anyone holding BTC in KuCoin will be credited Bitcoin Private (BTCP) at a 1:1 ratio. The hard fork Bitcoin Private BTCP happened at BTC Block Height 511.346.”
Another cryptocurrency exchange that is working for its users to receive Bitcoin Private is Bittrex. Bittrex has officially announced that they are not going to support the Bitcoin private hard fork. But instead they are working in order to deliver some users BTCP coins. How will this work? Apparently, some ZClassic holders on Bittrex will be able to claim and withdraw BTCP to their wallets.
What is Bitcoin Private?
Bitcoin Private (BTCP) is a hard fork from ZClassic and Bitcoin at blocks 272991 and 511346 respectively. This cryptocurrency will use the privacy technology that is found at ZClassic and is known as zk-snarks. The payments are published on the blockchain but the sender and recipient and other information remain unidentifiable.
Image: Bitcoin Private