Exchanges: Bitcoin & Bitcoin Cash Fork (KRAKEN)

Have you had a hard time figuring out what's gonna happen to your Bitcoins on exchanges? - Needless to say, you have not been the only frustrated individual.

However, it finally seems there is some clarity out there if you are positioned on the Kraken Exchange. On August 1st @ 12:20pm UTC, the alternative Bitcoin Cash protocol is being implemented and Kraken has got your back.

"All Kraken clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH)"

Though no guarantees, Kraken will be dedicated to make the Bitcoin (XBT) / Bitcoin Cash (BCH) for as swift and easy as possible it seems. I will keep my modest amount of XBT

For Margin traders with Bitcoin on the exchange, see the link below for more information.

http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/