UPDATE: Ether Classic and the Ethereum “Hard Fork”

We would like to keep you informed of the implications of the Ethereum “Hard Fork.”

Due to the developing interest in ETC (Ether Classic or ETHC), we at Gemini would like to keep you informed of our ongoing work to best address the implications of the Ethereum “Hard Fork” which occurred on July 20, 2016 at 13:20:40 UTC.  At this time, withdrawals of ether from Gemini exist only on the “Hard Fork” ETH branch and not on the ETC branch. We have not yet decided whether to open matching engines for ETC trading.

Our engineers are actively investigating the implications to customers who had ether balances on Gemini at the time of the “Hard Fork,” and to customers who have intentionally or unintentionally deposited Ether Classic into their Gemini accounts after the “Hard Fork.”

Thank you for your patience and support. We’ll be sure to keep you informed with additional blog posts as the situation evolves.  If you have any questions, please contact support@gemini.com.

Onward and upward!

Join the Discussion
  • Eth Fan

    Hi Cameron-

    I invested with Gemini because you guys are above board and I’ve appreciated your leadership. I was willing to absorb somewhat higher buy prices and lower sell prices because I wanted to go with a company that I could trust founded by people I admire.

    I’ve evangelized you guys to a number of people, one of whom has made a sizeable investment in Ether on your platform. I also own a sizeable amount of Ether on your platform. I’m very concerned that you won’t allow access to the ETC associated with our pre-fork Eth. I know there may be technical difficulties, but considering the actions of the other exchanges, I urge you to please do whatever is needed to make the ETC available to us.

    I’ve been in touch with a number of other users through Reddit who are equally concerned. I know these are totally crazy times and you are all trying to make sense of it all. But there are real customers here that have real dollars on the line. Please make this right.

    You didn’t create this problem – but I’ve entrusted you to shepard my investments safely and fairly – a decision to not allow me and your other customers access to their ETC is a betrayal of that trust.

    Thank you.

  • Jice

    Perhaps this should be implemented and accounted for in a manner similar to a security stock split.

  • Nathan

    Considering that ETC will probably amount to a pump/dump coin (something irrational and untrustworthy), it may be best to credit users that deserve ETC (pre-hard fork users) with their ETC through a withdrawal process to an external wallet.