What to Know About the Upcoming Ethereum Merge

December 30, 2022

OverviewOn or around September 15th, 2022 the Ethereum network will undergo a significant update from Proof-of-Work (PoW) consensus to Proof-of-Stake (PoS). During the update, all ETH and ERC-20 assets at Coinme (including MATIC, LINK, and USDC) will be safe and secure and no action is required by Coinme users during the update. Transactional activity (including sending, receiving, buying, redeeming, and selling) of all ETH and ERC-20 assets will be paused for several hours until the Merge is complete. Follow along on Twitter or at our status page to know once the Merge is complete and it's all clear to transact with ETH again at Coinme.

The source of this news is from Coinme