Statement on the Steem network [STEEM, SBD] and the proposed Hive [HIVE, HBD] hard fork

Hive (HIVE) and Hive Dollars (HBD) is a proposed hard fork of Steem (STEEM) and Steem Dollars (SBD) scheduled to occur on March 20, 2020 at approximately 7:00am PT (2:00pm UTC) via the Hive full node implementation.

To provide the best experience for our customers, Bittrex will take all reasonable steps to ensure that customer funds can be preserved on both chains. Bittrex will take a snapshot of STEEM and SBD balances at the time of the hard fork and make all reasonable attempts to credit our users HIVE and HBD tokens in accordance with their balances at the time of the hard fork.

If you have a Steem (STEEM) balance of more than 1 STEEM or a Steem Dollars (SBD) balance of more than 1 SBD during the STEEM and SBD on-exchange snapshot at 7:00am PT (2:00pm UTC) March 20, 2020, you will be additionally credited the equivalent amount of HIVE and HBD tokens on a 1:1 basis. i.e. 1 STEEM on Bittrex held during the on-exchange snapshot will get you 1 HIVE token. 1 SBD on Bittrex held during the on-exchange snapshot will get you 1 HBD token. STEEM and SBD held on orders will also be credited.

Only the STEEM and SBD held on your account is eligible for chain split tokens. Bittrex will disable markets and wallets for STEEM and SBD approximately 30 minutes before the snapshot. STEEM and SBD tokens that are pending deposit or withdrawal at the time of the snapshot will not count towards your snapshot balance. Please ensure that sufficient time is left for deposits and withdrawals to complete prior to the shapshot. The Bittrex STEEM and SBD on-exchange snapshot completion will be Tweeted from the @BittrexExchange Twitter account.

HIVE and HBD tokens will be distributed to users and withdrawals will open once the forked blockchain is deemed to be stable and secure. 

 

For more information about our token listing process visit:

https://support.bittrex.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-

To review our policy on forks, airdrops and promos go to:

https://support.bittrex.com/hc/en-us/articles/115001919932-Claims-Stakes-Promotions-Giveaways-and-Airdrops 

Further information:

Hive announcement: https://steempeak.com/communityfork/@hiveio/announcing-the-launch-of-hive-blockchain

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