30.08.2022

Northcrypto and the Ethereum Merge

Northcrypto and the Ethereum Merge

Ethereum is moving from the Proof of Work (PoW) consensus algorithm to the Proof of Stake (PoS) consensus algorithm (the Merge) on September 15 according to the latest information.

              
Information about the Ethereum Merge

Ethereum is moving from the Proof of Work (PoW) consensus algorithm to the Proof of Stake (PoS) consensus algorithm (the Merge) on September 15 according to the latest information. Northcrypto will support PoS Ethereum after the merge, and we will not support potential forks unless otherwise stated. Therefore, after the Merge, the Ethereum traded on Northcrypto as well as seen in the balances is PoS Ethereum.

Ethereum withdrawals and deposits on our service will be temporarily unavailable until the Merge is completed. According to our expectations, Ethereum trading will work normally for the duration of the Merge.

The Merge does not require any separate actions from our customers. We will notify you of the status of Ethereum withdrawals and deposits on our Twitter account.

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Last updated: 30.08.2022 15:30