Dear BTCU friends and supporters,
to make sure you receive most up to date information, we have compiled detailed answers to most of your frequently asked questions. Find them below.
Where can I check the airdrop rewards?
- Participants can check their BTCU accrual in the explorer on: https://explorer.btcu.io/?mainnet
I entered my BTC address in the explorer search box but it says “Nothing found”. Why?
- Make sure you enter your BTC address correctly. All airdrop participants who held BTC on their private wallets at the time of the fork (block 669204) may check their BTCU accruals in the explorer now.
Those who held their BTC on exchanges that supported the fork CAN NOT see their BTCU now, as all accruals for exchanges will be credited later.
For those who held their BTC on custodial wallets which do not belong to exchanges that supported the fork WILL NOT receive an AirDrop.
When will the BTCU rewards be credited on the exchanges’ wallets?
- BTCU accruals will occur once the coins are released on those exchanges. After that, exchanges will credit BTCU to users who had BTC in their account at the time of the fork.
What if I held my bitcoins on an exchange that ignored Airdrop at the time of the fork?
- You can still get your BTCU by providing proof of BTC balance at the time of the fork. Also, the exchanges that decide to distribute BTCU coins among users that met the airdrop conditions will be able to receive them by filling out an application and contacting the BTCU team.
Where can I get the Masternode address?
- To set up a masternode, follow the instructions at https://github.com/bitcoin-ultimatum/orion. Visit our page at https://btcu.io/partnership to read the terms and conditions and email your request to our team on: masternode@btcu.io.
If I didn’t have BTC before February 5, will I be eligible to receive BTCU?
- Unfortunately, you won’t be eligible to receive BTCU per the terms of the airdrop. After BTCU are listed on exchanges, you can buy or sell them normally.
Is it still possible to earn BTCU coins?
- Despite the end of the airdrop, you can still take part in our bug bounty program. In case you successfully complete the tasks offered by our technical team or your own found bug is identified as relevant, you will be rewarded with BTC / ETH / USDT / USDC / BTCU.
Can I trade/withdraw my BTC now?
- Yes, feel free to do that, as the snapshots of your BTC balances were taken at the time of the fork.
Can I buy BTCU now?
- BTCU coins are not accessible for trading now. We’ll inform our community about all listing updates on our social media channels.
When will BTCU be listed on exchanges? Are there any exchanges that have confirmed their partnership with your project?
- We are in the process of negotiating with Binance, Huobi, KuCoin, & Okex to support the fork.
On the other hand, cryptocurrency exchanges like Liquid, Probit, Yobit, Coinsbit, Biki, P2Pb2b, LocalTrade, Folgory, Bitforex, BiOne, Alterdice, LBank have already declared their support for the fork.
What will be the price of BTCU on the exchanges? What’s the actual price of your coin?
- The price of any coin is determined by market conditions. The actual price is not set yet and will be known after BTCU is listed on trading platforms.
How to check BTCU accruals using the BTCU explorer?
1. Go to https://explorer.btcu.io/?mainnet
2. Enter the BTC address you want to verify into the explorer search field
3. Your BTCU accruals information will display on your screen.
This FAQ is just the beginning, we are constantly working on adding more and more questions to ensure active community engagement. In case you didn’t find a solution to your question, kindly contact us here in the comments or refer to us on Telegram at https://t.me/BTCUgroup. Looking forward to your questions.
