Remitano Temporarily Suspends ETH Deposit/Withdrawal

Announcement • 2021/08/04 • by Remitano

Starting from 11:45 (UTC) August 05, 2021, Remitano will temporarily suspend the support for DEPOSIT and WITHDRAWAL of Ethereum (ETH) and USDT (via ERC20 standard) in Remitano wallet until the end of the London Hard fork. However, the ETH transaction on P2P Exchange and Swap is still going as usual.

Ethereum is set to perform the London Hard Fork at block height 12,965,000, or approximately 2021-08-05 11:55 (UTC), and comes with 2 likely scenarios:

  • No split is created.
  • The chain splits into two competing chains, Remitano will observe and record the chain recognized by the majority of the community, because whatever the longest chain should be followed.

There are currently no final result in which scenario will happen; therefore, Remitano will suspend ETH deposit/withdrawal to protect the rights and interests of users, and to avoid the uncertain risks caused by hard fork.

Once the split is completed and the main network is stable, Remitano will resume the ETH deposit/withdrawal service.

If you wish to have balance on both forks, please withdraw your ETH prior to such time. ETH trading will continue as usual.

Important Note

Any request to be credited or returned balance on the minor chain will not be supported. If you wish to have balance on both forks, please withdraw your ETH prior to 08:00 (UTC) August 05, 2021.

The above is Remitano’s plan that has been carefully and objectively considered based on the latest market information in order to minimize risks. Please refer to the latest announcement for the resumption time of ETH deposit and withdrawal.

Need help or have questions? You can also contact our 24/7 customer support team through the chat box at the bottom right corner of the screen.

Comments (1)
Guest
atikarani14
5 years ago
yes

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