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.
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.
BTC network upgrade & soft fork will not result in a new token being created.
Deposits and Withdrawals of BTC will be disabled during the network upgrade.
WazirX will handle all technical requirements involved for all users holding BTC in their WazirX accounts.
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!