2022-09-15 08:44:58
Service updates for ETH Merge
FTX will suspend ETH and ERC-20 token deposits and withdrawals at approximately half an hour before the Paris execution layer upgrade.
* ETH and ERC-20 token spot trading, spot margin trading, and futures trading will not be affected.
* On Sep 15, 6am UTC, FTX will disable ETH and erc20 withdrawals.
* On Sep 15, 6:15am UTC, FTX will snapshot ETH balances. This snapshot will be used to determine airdrop sizes.
* Soon after the snapshot occurs, users will be granted ETHW 1:1 with snapshotted balances. ETHW is a token representing the canonical potential PoW ETH fork, should it emerge. Note that borrowers will be charged (receive a negative airdrop). These will be reflected in user balances.
* FTX reserves the right to update the treatment of any forked PoW ETH at any time.
* FTX will evaluate the listing of the forked PoW ETH at a later date.
* The “ETH” ticker will be used for ETH PoS chain after the Merge.
Details: https://help.ftx.com/hc/en-us/articles/9025415733396
3.4K viewsedited 05:44