No Gold for you: wallets, that don't support BTG

List of the cryptocurrency companies, that does not support Bitcoin Gold
20 November 2017   921

Bitcoin Gold hardfork implemented recently. As we all know, as always with new Bitcoin hardforks, those, who had original Bitcoin coins of their wallets, will be charged with new coins. Or they won't?

The most of the popular Bitcoin wallets support Bitcoin Gold. Among them:

  • Bittrex
  • YoBit
  • HitBTC
  • pool.gold
  • BitStar
  • BitBay
  • Coinomi
  • Freewallet
  • Guarda
  • bitFlyer
  • Coinnest
  • Minergate
  • Bitfinex

But there some wallets, that refuse to support Bitcoin Gold for some reasons:

  • Wex. nz
  • Poloniex
  • Jaxx
  • Shapeshift
  • Coinbase
  • Luno

Let's try to figure out, why these companies doesn't support BTG.

Wex

Wex is the reborn version of "well-known" BTC-e cryptocurrency exchange, which got a $110M penalty from US authorities for “for willfully violating U.S. anti-money laundering (AML) laws”. 

WEX. nz does not plan to charge Bitcoin Gold, but continues to closely monitor the development of Segwit2x.
 

Wex. nz statement (translated from Russian)

There are no additional details or reasons why the exchange took such a decision. 

Poloniex 

According to official statement of cryptocurrency exchange, BTG won’t be supported unless it had implemented replay protection.

We've stated in the past that the safety of our users' tokens is our chief concern. As such, we have refused to support a forked token unless it had implemented replay protection. We would like to further urge our users to be immensely cautious of any token that expects to be given private keys that control value on another blockchain. This is dangerous and unnecessary, even for an alt like BTG that seeks to distribute tokens using the state of an existing blockchain.
 

Poloniex Statement

It is worth noting that Bitcoin Gold team had already implemented replay protection, but still no BTG support by Poloniex.

Jaxx, ShapeShift

Jaxx, the popular multi-currency crypto wallet and the ShapeShift platform are not going to support Bitcoin Gold due to the lack of  fully formed consensus code, as well as the lack of implemented replay protection. Jaxx, however, is “monitoring the situation closely and with great interest”.

We do not currently have plans to support BTG in Jaxx. However, we will continue to monitor the BTG situation and will notify you of decisions we make here on our blog.
 

Anthony Di Iorio

Jaxx Team

Coinbase

Popular US exchange does not support Bitcoin Gold too.

We operate by the principle that our customers should benefit to the greatest extent possible from hard forks or other unexpected events. However, 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.
 

Coinbase Team

Luno

Luno is cryptocurrency company, with exchange and wallets.

The Bitcoin Gold code is not currently in a sufficiently secure state, there was a suspicious private premine of tokens, it does not adequately support two-way replay protection, and it isn’t publicly available for review and auditing by Luno or other developers. For these reasons, Luno won’t support Bitcoin Gold.
 

Luno Statement

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   73

Rising interest in Bitcoin Cash has made a big impact on cryptocurrency market and service providers alike. The rising exchange rates and more widespread support on exchange platforms contributes to the fact. And this can;t be ignored by companies involved in Bitcoin ATM business. They wouldn't want to be left on the side in such a quick-rising market. So Athena Bitcoin took a logical step and added support for Bitcoin Cash to their ATMs.

In the case of Athena Bitcoin, it's an interesting step because of many reasons. The don't plan to drop Bitcoin anytime soon, so it's just an expansion of bases, rather than a complete turnover. Also added support will be interesting to statistics, because Athena's widespread coverage in several US states will allow to see, whether or not BCH is more popular than BTC in some states.

Bitcoin Cash support will also allow for BCH to fiat conversion with two-way machines available in Athena's network. Added competition doesn't thrill Bitcoin Core community, but BCH enthusiasts are quite happy with this situation.

So far Athena Bitcoin is one of the first providers to give such opportunity to the masses, so it would be interesting to see if other ATM networks will follow the example. Decisions like that are always more than a little controversial so we'll have to wait and see if it pays off.