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How Coinbase approaches forked and airdropped assets

How Coinbase approaches forked and airdropped assets

We wanted to give our customers an update on how we approach digital currency forks and airdrops. We’ve previously posted about forks here and here. You can read more about what a digital currency fork is here.

We operate by the principle that our customers should benefit to the greatest extent possible from hard forks or other unexpected events. This is essential in our mission to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange.

We also believe forks and airdrops can enable innovation and improvements to digital currency and we believe that we will see an increasing number of both forks and airdrops in the future. That said, given how we currently secure customer funds, supporting every forked or airdropped asset on Coinbase is not possible. We are investing in infrastructure that should allow us to more rapidly support any forked or airdropped asset, but this will take some time. In the meantime, here’s how we will approach supporting forks and airdrops.