Are You Ready For The ETH Merge?
Sep 8, 2022
- Coinbase will be pausing deposits and withdrawals around the time of merge
- If you plan to do trading during the merge on exchanges, exchanges may go down
- Forks — Some ETH Miners may decide to fork and mine a new proof of work chain when the Ethereum main chain switches to proof of stake.
- Self-custody wallets will support ETH forks and could receive coin air drops created
- Not all crypto exchanges will support forks, be sure to do your research.
- Watch out for scams! No one should ask for your seed phrase / private keys / secret words. No one should ask you to send money!
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Disclaimer: This is not financial advice.