Announcement on Support of Ethereum (ETH) Merge

Dear valued users,

As the Proof-of-Work (PoW) chain of ETH is expected to be migrated to the Proof-of-Stake (PoS) chain between September 10, 2022 and September 20, 2022, BIB Exchange will be supporting the network upgrade and hard fork required by the Ethereum Merge according to the estimated schedule:

September 6, 2022 19:00 (UTC+8) the upgrade on Bellatrix consensus layer when epoch reaches 144,896 on Beacon chain
September 15, 2022 08:00 (UTC+8) the upgrade on Paris execution layer, migrate upon hitting the Terminal Total Difficulty (TTD) value of 58750000000000000000000

The deposit and withdrawal services of ETH main chain as well as all the ERC-20 tokens will be suspended at the mentioned time to prevent price volatility that might be caused by the hard fork and the resumption of services will be notified separately in an announcement. Please deposit and withdraw in advance if needed, BIB Exchange will assist users in dealing with any technical issues during the upgrade.

We apologize for the inconvenience caused to you during the suspension period. If you have any questions, please inquire through online customer service, and we will serve you wholeheartedly!

Thank you for your support and understanding!

BIB Operations Team

September 1, 2022

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