Binance has announced that it will support the upcoming Ethereum merge to transform it. Proof-of-Stake, with the Binance team detailing how to deal with the merge.
The Ethereum Merge is approaching.
Here’s what you need to know if you hold $ETH on #Binance:
Binance will support “The Merge”.
In case of newly forked tokens, we will evaluate and consider support for distribution and withdrawal.
View details
https://t.co/iuQSsXZ7fk
— Binance (@binance) August 10, 2022
Binance is “closely monitoring the development of “The Merge,” which is slated to occur in Q3 2022 on the Ethereum network, which could result in a new forked token coming out,” the statement reads on Twitter. website Binance
The statement also includes guidelines for newly forked tokens, with Binance assessing its support. This includes the distribution and withdrawal of forked tokens.
To Protect Users Of Binance Tokens Forked come outAll of them go through a rigorous verification process, just like any other coin/token, and Binance does not guarantee any listings in accordance with our internal policies.
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