Kraken, from what they say, it will support bitcoin cash (BCH) and will enable trading in current pairs BCH/XBT, BCH/USD, BCH/EUR.
From what i read there, you must hold at that time the bitcoin (BTC... at their exchange XBT) and quote:
Bitcoin funding will be halted at 11 am UTC on August 1 – do not deposit during the fork
Kraken will halt XBT funding at 11 am UTC and safely secure funds during the fork. Funding will be re-enabled after the outcome of the fork is clear and the network is safe.
The fork it should be at 12.20 pm UTC (search for your local time on google).
So, you should move your assets there before. And take in considerations transfer time with confirmations. I had a time of almost 3h today with 3 confirmations (i saw on blockchain).
Read more here:
Bitcoin Cash and a Critical Alert for Bitcoin Margin Traders – Kraken
http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/
Also, see on their website more details then confront with exchanges and others: https://www.bitcoincash.org/
Thanks for your reply @ilvstranger! I agree that is the best approach however I wouldn't mind keeping my btc on exodus to avoid the transaction fees... so I'm still figuring out if this is possible but it seems so. Very good point re the time it takes to transfer your btc (kind of why we are in this position lol).
Np man. Thats why we, boobs (in BF4 i like to say boobs to noobs, to not offend the kids), must talk to eachother anything that comes in our mind to not loose.
That tiny things can save us money and learn well what to do.
Anyway, i still don't understand what time to take in consideration in a transfer and how we can quantify it when we want to transfer or deposit.
I found that here:
https://blockchain.info/unconfirmed-transactions
can see unconfirmed BTC transactions.
Few months ago, there were in number of over 30 - 40.000. So many in queue, where i believe, to have a quicker transaction you must give more money (fee) to the miners. That only if your exchange let you do that...
Now they are in small numbers. I see around 1500 transactions pending. But they are moving quick...
Can we do a math having in mind that figures and the time of confirmation for a transaction?
At my first BTC deposit (2 days ago) i saw there were needed 3 confirmations, not 7 as i heard it should.
Maybe will understand that in the near future.