While the hard fork of the Bitcoin network that created Bitcoin Gold was expected for some time, the industry is still in a relative state of confusion regarding exactly what is happening with the newly generated Bitcoin Gold. At this point, exchanges and wallet providers are still coming forward to declare their positions and here is what we know so far.

Supporting Bitcoin Gold

Exchanges

While each exchange listed here has pledged to support Bitcoin Gold, the specifics vary slightly between each organization. Be sure to check their websites and social media accounts for the most up to date information. Currently Binance and Bittrex are leading the way with their stances, which stipulate that you are eligible to receive Bitcoin Gold (BTG) if you had a Bitcoin (BTC) balance on their platforms during the BTG snapshot block 491,407.

When the Bitcoin block height reached 491,407, a snapshot was created for BTC holders and they will be credited the equivalent amount of Bitcoin Gold on a 1:1 basis as the snapshot. However, the deposit and withdrawal time for BTG will be announced at a later date, and both Binance and Bittrex are yet to decide whether to open a Bitcoin Gold trading market.

Wallets

Coinomi

Ledger hardware wallet

Trezor hardware wallet

The Coinomi wallet is currently promising to be the easiest way for users to access Bitcoin Gold as their developers have added a BTG wallet to their interface. For all wallets, be sure to check online for the official guidelines on how to access your BTG.

Not Supporting Bitcoin Gold

There is still a high level of uncertainty regarding whether Bitcoin Gold has a fully formed consensus code or a functional codebase, and whether they have Implemented replay protection, or have adequate code for testing and auditing. As a result, most organizations are choosing not to support Bitcoin Gold with some staying silent and simply refusing to offer support. Coinbase has come forward and voiced its concerns regarding the fork stating, “Safety and security are also important considerations for any asset supported by Coinbase. At this time, Coinbase cannot support Bitcoin Gold because its developers have not made the code available to the public for review. This is a major security risk”.

Exchanges

Coinbase/GDAX

Coinjar

Poloniex

Kraken

Coinbase/GDAX will not sell or keep Bitcoin Gold associated with customer Bitcoin for itself and any Bitcoin Gold will remain securely stored on Coinbase. If Coinbase enables support for Bitcoin Gold at a future date, customers will be able to withdraw Bitcoin Gold associated with their Coinbase/GDAX Bitcoin balances at the time of the Bitcoin Gold fork.

Wallets

Exodus

Jaxx Wallet

The Exodus team also voiced their concerns stating, “The only problem with Bitcoin Gold is that it is still in active development, and its current state does not provide the necessary resources for Exodus to provide a seamless experience for our users. Therefore, we will not support Bitcoin Gold like we did Bitcoin Cash. We will be concentrating our efforts on the upcoming SegWit2X fork in November and will know more information as the date gets closer.

As long as you hold the private key for your BTC, you will be able to claim your Bitcoin Gold by exporting the private key and importing it into the dedicated Bitcoin Gold wallet when it becomes available.”