• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Poloniex to Stop ERC-20 Token and ETH Deposits & Withdrawals

August 30, 2022
in Crypto News
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Related articles

NFT Collection Laid Back Llamas Collection Price, Stats, and Revi…

January 27, 2023

Developer confirms billions of SHIB will be burned with Shibarium

January 27, 2023

Poloniex recently announced pausing deposits and withdrawals of ETH and ERC-20 tokens during the Ethereum merge on September 15.

The crypto exchange is known for being the first platform to support both Ethereum Classic and Ethereum. Thus, the community expected Poloniex to support the upcoming upgrade.

With the upgrade opening the opportunity for new token releases, the crypto exchange will undertake multiple security measures. These precautions will help Poloniex mitigate risks induced by price fluctuations, securing users’ assets.

Given the sheer prominence of Ethereum in the crypto domain, the announcement garnered the interest of many enthusiasts. Most of them searched for an extensive Poloniex review to comprehend its operations.

The exchange released an official post to inform users about the upgrade and how it will support it. The post included crucial information, such as:-

Deposit and Withdrawal of ERC-20 and ETH Tokens

The exchange announced that both activities would be paused during the upgrade. It will start with the Bellatrix consensus layer upgrade, initiating at 11:00 AM (UTC) on September 6.

It will be soon followed by the Paris execution layer upgrade on September 15. Poloniex warned users to complete their deposits and withdrawals before the development to avoid complications.

Futures and Spot Trading of ERC-20 and ETH Tokens

The upgrade will not affect the spot and futures trading of the ERC-20 and ETH tokens. However, the platform has warned users about price fluctuations after the merge. Thus, they should carefully analyze the risks before completing the transactions.

Users can start depositing and withdrawing the tokens once the merge is concluded and the Poloniex team has deemed it stable. The platform will post announcements on its website and social media handles, so users should keep an eye on them to stay updated.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Are Blockchain Games Grifting Players?

Next Post

JPMorgan advises crypto investors to sell crypto, here’s why

Related Posts

NFT Collection Laid Back Llamas Collection Price, Stats, and Revi…

January 27, 2023

7,000 Laid Back Llamas have taken over the digital mountains of the Metaverse. Every Llama is unique with different fur...

Developer confirms billions of SHIB will be burned with Shibarium

January 27, 2023

Amid the tanking SHIB burn rate, lead developer Shytoshi Kusama assures an uptick in burn rate with the Shibarium release....

Global Digital Cluster Coin (GDCC) Is Now Available on LBank…

January 27, 2023

INTERNET CITY, DUBAI, 27th January, 2023, ChainwireLBank Exchange, a global digital asset trading platform, listed Global Digital Cluster Coin (GDCC)...

XRP Price May Hit $0.54 in Coming Month and End the Q1 2023 Trade above $1!

January 27, 2023

As the foundations for a significant rebound have emerged, the markets appear to have stuck in some crucial levels. However,...

Astar launches new HRMP channels with Equilibrium

January 27, 2023

Astar is sticking to its values of accelerating Web3 through interoperability, especially by focusing on cross-consensus messaging (XCM). It has...

Load More
Next Post

JPMorgan advises crypto investors to sell crypto, here's why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Subsquid partners with Aleph Zero to focus on data tooling and WASM

January 13, 2023

LUNC Price Prediction – Set To Break Its Monthly High This Weekend?

January 13, 2023

Bitcoin Volatility Hits Historic Lows – Bitcoin Magazine

January 7, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • U.S. Representative French Hill offers insights into digital asset regulations
  • NFT Collection Laid Back Llamas Collection Price, Stats, and Revi…
  • Coinbase stock surged 90% in January

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,090.000.30%
  • ethereumEthereum(ETH)$1,598.09-0.16%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.000.03%
  • usd-coinUSD Coin(USDC)$1.00-0.01%
  • binancecoinBNB(BNB)$308.511.10%
  • rippleXRP(XRP)$0.4130350.75%
  • binance-usdBinance USD(BUSD)$1.000.09%
  • cardanoCardano(ADA)$0.3930963.43%
  • dogecoinDogecoin(DOGE)$0.0876261.70%
  • matic-networkPolygon(MATIC)$1.154.27%
  • solanaSolana(SOL)$24.390.53%
  • okbOKB(OKB)$36.241.00%
  • staked-etherLido Staked Ether(STETH)$1,594.86-0.10%
  • polkadotPolkadot(DOT)$6.592.09%
  • shiba-inuShiba Inu(SHIB)$0.0000121.30%
  • avalanche-2Avalanche(AVAX)$20.9515.87%
  • litecoinLitecoin(LTC)$88.751.48%
  • tronTRON(TRX)$0.0635962.96%
  • uniswapUniswap(UNI)$6.872.21%
  • daiDai(DAI)$1.000.20%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,007.000.02%
  • cosmosCosmos Hub(ATOM)$13.694.71%
  • ToncoinToncoin(TON)$2.567.32%
  • chainlinkChainlink(LINK)$7.382.06%
  • leo-tokenLEO Token(LEO)$3.865.74%
  • moneroMonero(XMR)$180.035.06%
  • ethereum-classicEthereum Classic(ETC)$22.010.27%
  • AptosAptos(APT)$17.73-1.26%
  • bitcoin-cashBitcoin Cash(BCH)$134.830.71%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.0928660.90%
  • apecoinApeCoin(APE)$6.303.90%
  • quant-networkQuant(QNT)$152.922.84%
  • nearNEAR Protocol(NEAR)$2.552.32%
  • crypto-com-chainCronos(CRO)$0.0822061.67%
  • filecoinFilecoin(FIL)$5.380.52%
  • lido-daoLido DAO(LDO)$2.392.90%
  • algorandAlgorand(ALGO)$0.2552253.88%
  • vechainVeChain(VET)$0.0248723.64%
  • hedera-hashgraphHedera(HBAR)$0.0694223.82%
  • internet-computerInternet Computer(ICP)$6.054.34%
  • axie-infinityAxie Infinity(AXS)$11.46-2.72%
  • decentralandDecentraland(MANA)$0.681.61%
  • aaveAave(AAVE)$86.99-1.29%
  • eosEOS(EOS)$1.112.20%
  • the-sandboxThe Sandbox(SAND)$0.741.39%
  • fantomFantom(FTM)$0.463576-3.17%
  • flowFlow(FLOW)$1.09-1.80%
  • theta-tokenTheta Network(THETA)$1.115.61%