Binance: If the Ethereum fork produces a new chain, it will support the distribution of the forked token ETHW, and will suspend the deposit and withdrawal of the Ethereum network 1 hour before the merger

Binance announced that it will suspend the Ethereum network (ERC-20) deposit and withdrawal service about 1 hour before the Ethereum merger occurs, starting approximately at 08:30 on September 15, 2022. In the event of a hard fork and a new chain, the Ethereum PoW mainnet and its forked tokens will adopt the ETHW code. If the ETHW chain continues to exist, Binance will assist all users who hold ETH and WETH in Binance accounts with all technical requirements involved, and credit the forked token (ETHW) in a 1:1 ratio. conditional Binance account. Allocation details will be announced separately. In addition, from 08:00 on September 14, 2022, Binance will suspend the deposit and withdrawal of WETH (Wrapped Ether of the ERC-20 network). Any WETH deposits made on the Ethereum network (ERC-20) during the suspension period will not be credited to Binance accounts. In the event of a hard fork and a new chain is created, users will not be eligible to receive any forked tokens. Additionally, Binance has suspended WETH to ETH conversions until the merger is complete and the network is stable.