In just a few hours, the expected update of Marj Ethereum will be done. Cryptocurrency exchanges have published announcements about their plans for the Ethereum platform and announced the suspension of deposits and withdrawals on the Ethereum network. In this article, the announcement of Iranian exchanges in this regard has been collected along with other announcements.
Cryptocurrency exchanges around the world offer various programs and campaigns by offering their products to their users every day. In the rest of this article, we will explain the details of the announcements of each exchange separately. At the end of this post, there is a table of the latest cryptocurrencies and various Riyal and Dollar markets added to the exchanges.
This post is not an investment recommendation and is merely a reflection of cryptocurrency exchange news.
- The Exchange announced that it will stop depositing and withdrawing Ether digital currency on the occasion of Marj.
Exchange conversion He announced that due to the update of Marj Ethereum, the possibility of depositing and withdrawing this currency on the exchange will be temporarily closed tomorrow, 24 September 1401, for the sake of security and to prevent any possible risks, and it will continue until the end of this update. had
After this update, there will be no change in the amount and value of users’ assets. In case of fork of the network and creation of new assets, the details of the status of new currency allocation and its conditions will be announced in future announcements.
- Baby Dog digital currency conversion exchange gives a gift.
The exchange announced that those interested can get a reward of 500 million Baby Dog digital currency by becoming a member of this exchange and making the first transaction.
OMP Phoenix exchange
- The OMP Phoenix exchange announced that it will suspend deposits and withdrawals on the ERC20 platform.
OMP Phoenix exchange He announced that due to the start of the second phase of the Marj Ethereum event on September 15 (September 24), the deposit and withdrawal of Ether and ERC-20 tokens will be temporarily stopped from 3:00 am on Thursday, September 24 in UMPfinex.
In the announcement of OMP Phoenix exchange regarding the support of Marj Ethereum, it is stated:
The two possible scenarios after the update are as follows:
First: After merge, no new token is created;
UMPfinex exchange will also suspend deposit/withdrawal for ETH and ERC-20 network tokens as soon as possible. The announcement related to this scenario will also be published later.
Second: After the merger, the current chain of Ethereum will be divided into two different chains, which will lead to the creation of a new token;
In this case, the token that has the symbol ETH will be used for the Ethereum proof-of-stake chain.
- Fan Token ACM was added to the trading market of OMP Finex exchange.
OMP Finex exchange announced that AC Milan fan token (ACM) has been added to OMP Finex trading market and users can use Toman or Tether to trade ACM token in OMP Finex exchange.
UMP Finex announced that on the occasion of the listing of new tokens, users can trade in all UMP Finex markets for 72 hours without fees.
Stable currency exchange
- Aruzpaya exchange suspends deposits and withdrawals of Ethereum and ERC20 tokens on the occasion of Ethereum Marj.
Stable currency exchange He announced that on the occasion of the update of Marj Ethereum, the deposit and withdrawal of Ethereum and ERC-20 tokens (Link, Mana, Sandbox, AXS, MATIC and HEX) It will be closed from 8 am tomorrow (24 September 1401).
It should be noted that transactions of Ethereum and ERC-20 tokens will continue on the Arzpaya platform.
The resumption of deposit and withdrawal of Ethereum and ERC-20 tokens will be after the update and stability of the Ethereum network and will be notified later.
- Nobitex exchange announced that it will suspend Ethereum deposits and withdrawals on the occasion of Marj.
Nobitex exchange He announced that he will suspend the deposit and withdrawal of Ethereum from 2 hours before Marj until 2 hours after it.
As the “exclusive to the blockchain homeland; What is the plan of Iranian exchanges to update Marj Ethereum?» We read that the Nobitex exchange plans to allocate the forked networks to users of Ethereum based on the screen taken two hours before the event, in case of a fork.
- Nobitex exchange announced that the live chat service is not displayed without a filter breaker.
Nobitex exchange announced that the live chat service widget (the platform used for online support) is currently not displayed without a filter breaker. Users can use valid filtering services to communicate with Nobitex online chat support until the problem is resolved.
The technical team is following up the cause of the problem and the users will be notified.
- Valex exchange will stop depositing and withdrawing on the ERC-20 network from 2 am.
Valex exchange He announced that the Marj Ethereum process will start at around 4:30 am on the 24th of September, Tehran time.
Making a transaction during this process is very likely to cause the loss of users’ property. In order to avoid mistakes and make transactions in the dark, the possibility of depositing and withdrawing on the ERC-20 network will stop at 2 am.
After the chaos ends and the network stabilizes, deposit and withdrawal will return to normal. Also, due to the possibility of forking assets, if possible, The forked token will be supported by Valx in the future.
Users who are eligible to receive a new token will receive a new asset at a ratio of one to one.
- Binance exchange announced the addition of Lunaclassic and UST Classic cryptocurrencies to its fast conversion service (Binance Convert).
- Binance exchange suspends ERC20 deposits and withdrawals on the occasion of the Ethereum merger.
Binance exchange announced that the current estimated time for Marj Ethereum is September 15, 2022 at 01:30 global time, which corresponds to September 24 at 06:00 Iran time. Deposits and withdrawals for the Ethereum network (ERC-20) will be suspended one hour before Marj, approximately from September 15 at 00:30 UTC, corresponding to September 24 at 05:00. This is an estimated time and may change depending on when the network has reached the total terminal difficulty of 587,500,000,000,000,000,000,000.
In the event of a chain fork (Scenario B), Ethereum’s main Proof of Work (PoW) network and its forked token will have the symbol “ETHW”.
If the ETHW chain continues, Binance will handle all technical requirements for all users who have ETH and WETH in their Binance accounts and credit the forked token (ETHW) to the Binance accounts of eligible users at a 1:1 ratio. The ability to withdraw ETHW will also be available at a later date.
Binance exchange announced that depositing and withdrawing Rapid Ethereum (WETH) in ERC20 has been suspended since September 14, 2022 at 00:00 global time, corresponding to September 23 at 04:30 Iran time.
Any WETH deposits on the Ethereum (ERC-20) network during this period will not be credited to users’ Binance accounts, and users will not be eligible for the forked token distribution in the event of a chain split (Scenario B).
Deposits and withdrawals for WETH will be reopened after the completion of the network and stability of the network. To read more details Binance exchange announcement read the
- Kocoin exchange has temporarily closed the deposit and withdrawal services of ERC20 tokens of the Ethereum network.
KoCoin Exchange has announced that it will suspend deposit and withdrawal services for the Ethereum chain (ERC 20) at 01:30 on September 15, 2022 in order to prepare for the Ethereum Merge.
- Kocoin exchange opened LITMUS deposit service for Liteentry (LIT).
Kocoin exchange has opened LITMUS deposit service for Liteentry (LIT). Users can check the main asset account deposit page and select the Litemary Network (LITMUS) for transactions.
- Kocoin exchange announced to open BEP20 network withdrawal service for Pikaster.
Kocoin exchange announced that it will suspend Ether borrowing and lending services in cross margin and isolated margin on the occasion of Marj. To read more about this Cocoin announcement see.
- Kocoin exchange temporarily closed the deposit and withdrawal services of IOST main network tokens.
Kocoin exchange announced that it will suspend deposit and withdrawal services for IOST main network tokens at 03:00 on September 18, 2022 (27 September 1401) due to network upgrade, for the safety of users’ accounts and assets.
- Kocoin exchange has temporarily closed the deposit service of DCR main network tokens.
Kocoin exchange reopened the deposit service of Divi network tokens with DCR token.
- Hobby exchange announced cooperation with the city of Busan for the development of blockchain.
Hubei Exchange announced that it has signed an agreement with the city of Busan to help the city’s blockchain industry grow. The company said it is committed to R&D, technology and financial support for the Busan cryptocurrency exchange, as well as helping to attract global blockchain talent.
- Hobby exchange announced cooperation with Market Dynamics broker.
Huobi Exchange announced that users of this exchange can use Market Dynamics to create their own fully automated trading strategies and trade on Huobi using API.
By bit exchange
- The possibility of staking of GSTS digital currency was provided in Baybit exchange.
- The possibility of P2P trading of USDC digital currency was provided in Baybit exchange.
- In the weekly token burning of the Pancake Swap exchange, 7,060,367 cake tokens worth 32 million dollars were burned.
- OKX exchange announced the end of ICT migration and the distribution of new tokens among users.
OKX exchange announced that it has distributed ICT tokens to all eligible users in a ratio of 1 to 10. Users’ ITC assets can be viewed from “Assets-My Assets-Funding Account-Untradable assets”.
Gate Exchange (Gate.io)
- Gate exchange announced that Moon digital currency trading has resumed.
- Gate exchange supports EOS network upgrade.
Gate Exchange announced that the IAS network will perform a planned consensus upgrade to Leap 3.1 for September 21, 2022 (30 Shahrivar). Gate.io will suspend EOS network deposits and withdrawals during this process. After this upgrade, deposits and withdrawals will resume as soon as possible. IAS transaction will not be affected.
Iranian users should note that because Iran is on the OFAC list, no organization is legally allowed to provide services to Iranian users, so most foreign exchanges have limited authentication for Iranian users. Authentication with an Iranian passport in foreign exchanges is like closing your account. So there is a possibility of loss of users’ capital in these exchanges. It is recommended not to use these exchanges with Iranian authentication.
The following cryptocurrencies and trading markets have been removed and added to the list of services of foreign digital currency exchanges:
|exchange||New cryptocurrency||Spot market||Margin market||Deleted passwords|
|OMP Phoenix||ACM||domestic market|
|Binance||(Cross Margin) LOOM
(Cross Margin) LUNA
(Cross Margin) PHB
(Isolated Margin) LOOM
(Isolated Margin) PHB
- Which Iranian digital currency exchanges have announced that they will suspend ERC20 network deposits and withdrawals on the occasion of Marj?
Conversion exchanges, Nobitex, Valex, OMPfinex have announced that they will suspend deposits and withdrawals from the ERC20 network on the occasion of the Marj Ethereum update.