Binance Updates Regarding the Upcoming Ethereum Merge

Binance updates regarding the upcoming Ethereum Merge. The current estimated time for the Ethereum Merge is 2022-09-15 at 01:30 (UTC). Deposits and withdrawals for the Ethereum network (ERC-20) will be suspended one hour before the Merge happens, approximately starting from 2022-09-15 at 00:30 (UTC). This is an estimated time and subject to change, depending on when the Terminal Total Difficulty Value of 58750000000000000000000 is reached. In the event of a chain split (Scenario B), the Ethereum Proof-of-Work (PoW) Mainnet and its forked token would assume the "ETHW" ticker. If the ETHW chain persists, Binance will handle all technical requirements involved for all users holding $ETH and $WETH in their Binance accounts, and credit the forked token (ETHW) to eligible users’ Binance accounts at a ratio of 1:1. Withdrawals for ETHW will also be available at a later date. Further details regarding this distribution will be provided in a separate announcement.