WazirX is closely monitoring the development of “The Merge” scheduled to take place in September 2022 on the Ethereum network. Prior to this, the consensus layer upgrade (Bellatrix) is scheduled for epoch 144,896 on the Beacon Chain at 2022-09-06 11:34:47 (UTC).
WazirX has taken measures to maintain the security of funds and hence WazirX will suspend deposits and withdrawals for ETH and ERC-20 tokens at approximately:
- 4:00 PM IST on 6th September 2022 for the Bellatrix consensus layer upgrade
- 11:30 PM IST on 14th September 2022 for the Paris execution layer upgrade
Please ensure that you leave sufficient time for your ETH and ERC-20 tokens transfers to be fully processed prior to the above time. We will handle all technical requirements for users holding ETH and ERC-20 tokens on WazirX. WazirX reserves the right to update the treatment of the chain split in a further announcement.
We do not expect any other networks or coins to be impacted and expect no impact to trading for ETH and ERC-20 tokens. You will be informed via Twitter and Telegram channel when ETH and ERC-20 tokens are available for deposits and withdrawals.
- A further announcement will be made regarding the timing for the resumption of deposits and withdrawals, as well as further information about the potential ETH chain split that may affect the above information.
- The Paris execution layer upgrade is estimated to take place at the ETH mainnet block height of 15,540,293. The estimated time is for users’ reference only and is subject to change depending on block propagation times.
Thanks for your support!
WazirX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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.