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Blog

Date:
25th Nov 2020
Author:
CryptoAltum

Important ETH Upgrade Information


On December 1st, 2020, Ethereum (ETH) hard fork will be activated. The beacon chain is a brand new blockchain at the core of Eth2 that will ensure the whole network is in sync with the same data.

In Eth2 it is much more difficult than it is now as the network will exist across several shards. What this means is that rather than one blockchain, Ethereum will become many blockchains all running simultaneously.

The ETH pairs will continue to be offered to our clients provided that our liquidity providers continue to offer pricing and execution. There is a possibility that the ETH pairs will go to Close Only mode for some hours during the process.

Please keep in mind that traders will only be able to close the open (existing) positions under the Close Only mode.


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