What is the LiteBit hard fork policy?

Answer: This differs per cryptocurrency.

What is a hard fork?

A hard fork is a change in the software of a cryptocurrency so that different cryptocurrencies can be created. If a blockchain forks, it means that it is split in two. Ideally, the users continue on one of the two parts and one part will no longer be supported. If both parts are supported, two cryptocurrencies with the same history will be created. An example of a fork where both parts are permanently supported is the Bitcoin / Bitcoin Cash fork.

Secure trading on LiteBit

We believe that the owner of a cryptocurrency may also benefit from the possible benefits that a hard fork brings. However, being able to trade securely on LiteBit is one of our priorities. That is why we determine per hard fork whether we can support it securely and technically. Do you want to be kept informed about the hard forks that we will be supporting? Then follow our social media channels and sign up for our newsletter to stay up to date.