Here is a quick TL;DR FAQ for the CashTokens Bitcoin Cash upgrade.

Generally, CashTokens update is considered a developer-focused update. Which means normal users of BCH don't need to actually do anything.

But in case there is doubt, here are some important specific points:

Are my funds safe?

• Well, that depends. If you keep them in your own wallet, they are safe. If you keep them on an exchange, the exchange might freeze your funds for an amount of time that cannot be accurately predicted. So it is advisable to remove any Bitcoin Cash money you need right now/soon from exchanges and keep them in your own wallet during the upgrade.

What if I receive tokens to my existing wallet address but the wallet is not upgraded yet (old version)?

• This should normally not happen as CashToken wallets will not send tokens to an incompatible wallet by design. But it is possible to fabricate such a transaction. Still, it's safe. The wallet will not see the tokens, but otherwise nothing will be lost. You need to either upgrade the wallet to a wallet that is token-aware or install another wallet and restore your Bitcoin Cash from backup

What if I import backup keys / seed words from a CashTokens-supporting wallet to an old, unupgraded wallet. Is there a chance I will lose my money or my tokens?

• Zero chance. CashTokens Upgrade has been designed in the way that old wallets simply do not see the tokens, but they still work and do not lose the tokens on withdrawal/deposit.

I mine BCH / I run a node. What do I do?

• Upgrade your node ASAP.

Can I use CashTokens now?

• Yes, you can, the upgrade has been successful but current functionality may be limited due to insufficient number of apps and services.

So when can I do fun stuff with CashTokens?

• The ecosystem is still young, so it would be best to wait at least few days until more applications are developed. Right after the upgrade all you get is the basic functionality and only few apps+services, some of which might be unpolished.

Will BCH "pump"/rise it's price after the upgrade?

• Unfortunately nobody can predict the future.

⚠️ List of suspicious sites or outright scams related to CashTokens: ⚠️

• ❗cashtokens.cash ⚠️ - a suspicious wallet service that is very likely a scam.