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ETH and ERC20 Network Deposit and Withdrawal will be temporarily out of service

By orbix • Publish in Announcement • Aug 31,2022 • 2 min read

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📣 ETH and ERC20 Network Deposit and Withdrawal will be temporarily out of service due to network upgrade (The Merge)

As a result, there are 2 periods of closing the deposit-withdrawal of coins:

On September 6, 2022 from 5:00 p.m. and September 15, 2022 from 6:00 a.m. onwards.

The details of the affected coins are as follows:

ARPA , BAT , BETA(ERC20) , BUSD(ERC20) , CELR , CPY , CVC , DAI , DYDX , ELEC , ENJ , ETC , ETH(ERC20) , FET , FTT , FUN , HOT , JFIN , KNC , LTO LINK , MANA , MATIC , MFT , NKN , OGN , OMG , PAXG , PERL , POWR , REN , SAND , STPT , TUSD , UNI(ERC20) , USDC , USDT(ERC20) , WAX , ZRX

note :

  1. There are uncertain times for closing deposits and withdrawals in each period and the schedule is subject to change depends on network upgrade
  2. Trading will not be affected during the upgrade.

Note: Terra Classic (LUNC) trading will not be affected during network upgrade.

Please plan your transaction in advance.

We apologize for any inconvenience caused.

—---------------------------------------

Information of The Merge

Definition of ‘The Merge’ is to combine Ethereum's existing execution layer (the Mainnet we use today) with the system-operated Beacon Chain layer (PoS)

Resulting in a major change in the working system from Proof-of-Work (PoW) completely to Proof-of-Stake (PoS).

After the merger (The Merge), there are 2 cases that can be affected:

1. No new ETH coins were born.

  • ETH coins and coins within the ERC-20 Network will open deposits and withdrawals as soon as possible.

2. A new ETH coin was born.

  • The company will submit the matter to the process of considering the list of new coins according to the company's policy and will announce later.

However, Satang has a team that closely monitors if any changes occur Satang will continue to inform and notify you immediately.

Thank you for your kind support

You can learn more about The Merge at

  1. https://www.facebook.com/satangcorp/photos/1514749618996029
  2. https://www.facebook.com/satangcorp/photos/1522272754910382
  3. https://ethereum.org/en/upgrades/merge/

Risk warning: Cryptocurrency trading is subject to high market risk, please make your trades cautiously.

💬for further information :

Line : @satangofficial

Web Chat : satangcorp.com

E-mail : support@satangcorp.com

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