Bitcoin Fork: What Happens to Your Coins When the Chain Splits

The article explains the mechanics and risks of an upcoming Bitcoin hard fork that will create a new chain called eCash (ECX) on October 31, 2026. It says holders who self-custody Bitcoin should automatically receive the forked coins at the snapshot, while exchange users may not, because custody providers control the private keys and can choose whether to support the fork. The piece also highlights major operational risks: replay attacks, optional replay protection on ECX, and scam wallets that may try to steal seed phrases. On the tax side, it outlines the German Ministry of Finance view that the fork credit itself is not taxable, acquisition dates carry over, and original acquisition costs are apportioned between old and new coins based on market values at the fork. Overall, the article is informational rather than a price catalyst, emphasizing custody, security, and tax planning more than short-term trading impact.