Announcement on Business Closure of Bitfoo and Bitcoinsand

After eight years of steady operation as a single chain, Bitcoin is facing the possibility of hard forks. This, however, disagrees with the operating principles of Bitfoo and Bitcoinsand.

We hereby anounce that Bitfoo and Bitcoinsand will be closing on October 1, 2017.

Since our new entity INBlockchain has been operating smoothly, this is a new beginning rather than an ending for all of us.

Before we close, you need to know that Bitfoo and Bitcoinsand does NOT support any kind of fork. If you wish to acquire BCC, you can transfer your bitcoins to platforms that supports forks, e.g. Yunbi.

Bitcoinsand will stop sending interests by August 1, 2017.

Please refer to the announcement on should there be any fork-induced suspension in bitcoin withdrawal.

Bitfoo and Bitcoinsand will stop withdrawal business by October 1, 2017. We will inform our remaining users via phone and email in late September. Any withdrawal later than October 1, 2017 will take at least one week to be proccessed.

All withdrawal business will officially terminate on May 1, 2018.

Bitfoo and Bitcoinsand Team