Namaste Tribe! WazirX will support the Bitcoin (BTC) Taproot upgrade.
At Bitcoin mainnet block height of 709,632, or approximately on 14th November 2021, the Bitcoin (BTC) network will undergo a soft fork named Taproot upgrade, which aims to improve the network’s privacy, efficiency, and smart contracts capability.
Please note:
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BTC network upgrade & soft fork will take place at Bitcoin mainnet block height of 709,632. The estimated time is for users’ reference only and is subject to change depending on block propagation times.
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BTC network upgrade & soft fork will not result in a new token being created.
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Deposits and Withdrawals of BTC will be disabled during the network upgrade.
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WazirX will handle all technical requirements involved for all users holding BTC in their WazirX accounts.
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Deposits and Withdrawals will be enabled after the upgrade is complete, there will be no further announcement.
For further information, please refer to the following:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!