Dear FLEXers,

The Ethereum London Fork will take place sometime around 10:45 AM UTC on August 5th (Block Height 12,965,000).

Both CoinFLEX and our custody technology provider, Fireblocks, are making all necessary preparations for the smoothest transition through the fork process.

To protect against unexpected network behavior at the time of the fork, all Ethereum network-based withdrawals will be halted for approximately 1-2 hours to guarantee a smooth transition.

We will do everything we can to ensure this withdrawal pause will be as short as possible.

We’re continuously monitoring the Ethereum network for a possible network split and will be prepared for that scenario.

CoinFLEX Team