The much-awaited Merge of Ethereum is slated to take place around the 15th of September. Ethereum’s Proof-of-Work (PoW) chain will migrate to the Proof-of-Stake (PoS) chain upon hitting the Terminal Total Difficulty (TTD) value of 58750000000000000000000. As with the rest of the crypto community, XREX is watching the developments closely. You can follow the official updates about The Merge here.
As it is an evolving situation, and there might be new coins being forked from the Ethereum blockchain, we would like to address some questions that you may have.
XREX supports the merge, however, we will not be listing any new coins that might be forked at this point in time. Our stringent process in risk management and evaluation of coins and tokens remains unchanged, you can read more about it here and follow the countdown.
Should you wish to participate in any of the hard-forked tokens, please remember to withdraw your ETH from your XREX wallet to one that supports hard-forked ETH before The Merge happens.
Please note that there will be a period of service suspension for deposit and withdrawal for ETH and ERC-20 tokens, to ensure the compatibility and operability of our products and services when the merge happens. We will be providing you with timely updates then.
Thank you for your support and feel free to reach out to us via firstname.lastname@example.org or the in-app customer service chat if you have any questions.
The XREX team