The Ethereum merge (The Merge) was completed when the Terminal Total Difficulty (TTD) of 58750000000000000000000 was achieved at the ETH mainnet block height of 15,537,393, or 2022-09-15 14:42:42 (UTC+8). BingX will resume deposits and withdrawals for ETH and ERC-20 tokens on the Ethereum Proof-of-Stake (PoS) chain gradually as of 2022-09-16 (UTC+8).
If the potential Ethereum Proof-of-Work chain (ETHW) is successfully implemented, the system will credit ETHW to eligible users' fund accounts at a ratio of 1 ETH = 1 ETHW, based on their net ETH balances across eligible accounts at the snapshot time of 2022-09-15 14:42:42 (UTC+8). This process will usually take about two to five days. We will notify users in a separate announcement once the distribution is complete and when deposits and withdrawals for ETHW are enabled, or if the ETHW chain is unsuccessful.
- The snapshot will include the net ETH balances in Fund Account and Standard Futures Account.
- For the trading and listing of ETHW on BingX, ETHW will go through the same strict listing review process as BingX does for any other coin/token. If there are no special circumstances, BingX will support ETHW transactions as soon as possible, please stay tuned.
BingX 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.