Dear Users,

Phemex will support the Ethereum (ETH) network upgrade.

• The Ethereum (ETH) network upgrade will take place at Ethereum block height of 15,050,000, or approximately at 4:00 UTC on June 30, 2022. Deposits and withdrawals of ETH and ERC-20 tokens will be suspended starting from 3:00 UTC on June 29, 2022.

Further details are as follows:

• The trading of ETH and ERC-20 tokens will not be affected during the network upgrade.
• The Ethereum (ETH) network upgrade will occur at the Ethereum block height of 15,050,000. The estimated time is for reference only.
• Phemex will handle all technical requirements involved for all users holding ETH and ERC-20 tokens in their Phemex accounts.
• We will reopen deposits and withdrawals for ETH and ERC-20 tokens once we deem the upgraded network to be stable, and we will not notify users in a further announcement.

For further information on the Ethereum network upgrade, please refer to:

• Ethereum Gray Glacier Upgrade Announcement

If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com.