BXH Announcement on Suspension of Deposit and Withdrawal for ETH and its Tokens on 14th Sep

BXH Announcement on Suspension of Deposit and Withdrawal for ETH and its Tokens on 14th Sep, 2022

Dear BXH users:

At present, the estimated time of ETH MERGE is 7:30 on 15th Sep, 2022 (Dubai time, UAE).

BXH will pause deposits, withdrawal, staking and other functions for ETH and its tokens from 18:00 on 14th Sep, 2022 (Dubai time, UAE).

If a hard fork occurs and a new chain is created, the code for the Ethereum Proof of Work (PoW) mainnet and its forked “Candy” Token will be "ETHW".

If the ETHW chain continues to exist, BXH will assist all users who hold ETH in their BXH accounts in handling all technical requirements involved, and credit the “Candy” Token (ETHW) into eligible BXH accounts at a 1:1 ratio. Distribution details will be announced separately.

Any ETH deposits on the Ethereum network during the suspension period will not be credited to the BXH account. If a hard fork occurs and a new chain is created, the user will not be eligible for any “Candy” Tokens.

After the MERGE is completed and the network is stable, BXH will resume deposits, withdrawal, staking and other functions for ETH and its tokens, the resumption will be announced separately.

If you have any other questions, please feel free to contact us via official email or the community.

BXH 14th Sep, 2022