Dear Users,

Phemex will support the BNB Smart Chain (BEP20) network upgrade and hard fork, planned to take place at 02:00 UTC on August 10, 2023.

Details are as follows:

• Deposits and withdrawals of tokens on BNB Smart Chain (BEP20) will be temporarily suspended on Phemex starting approximately at 01:30 UTC on August 10, 2023.
• The trading of tokens available on BNB Smart Chain (BEP20) will not be affected during the network upgrade and hard fork.
• This upgrade and hard fork will not result in new tokens being created.
• Once the upgraded network is deemed to be stable and secure, we will resume deposit and withdrawal services without notifying users in a further announcement.

Appreciate your understanding as we work to support the development of the wider crypto ecosystem.

Phemex Team