Ethereum Merge is expected to take place on September 15. Before this merger, a new announcement came from the Binance exchange.
In the announcement made by the famous exchange, it was stated that Ethereum (ETH) and Wrapped Ether (WETH) deposit and withdrawal transactions in multiple networks will be suspended as of 06.09.2022 at 05.00 CET.
ETH withdrawals and deposits will continue until Merge is completed and will reopen once networks are deemed stable.
“Dear Binance users,
Binance will suspend deposits and withdrawals for Ether (ETH) and Wrapped Ether (WETH) across multiple networks from 06/09/2022 to prepare for Ethereum consolidation and to secure the allocation of forked tokens in the event of a chain split.
The suspend will continue until the defragmentation is complete.
Deposits and withdrawals of Ether (ETH) and Wrapped Ether (WETH) on the affected networks will resume once the networks are deemed stable.
Affected tokens
ETH (Arbitrum) – ETH on Arbitrum network
ETH (OP) – ETH on the Optimism network
WETH (RON) – WETH on the Ronin network
Please do not forget:
ETH trading will not be affected by these transactions.
Deposits and withdrawals for the above tokens will be suspended from 06.09.2022 at 05:00 CEST.
No ETH or WETH deposits will be credited on the above networks at the time of suspension, and in the event of a chain split, any forks will not be eligible for credit.
We will reopen deposits and withdrawals once the merger is complete and networks are stable and we will inform users at the next announcement.”
For detailed information about Merge, you can check the related article.