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INDX Announcement: Paris update as part of Ethereum "The Merge"

When Paris is updated as part of "The Merge" project, the INDX Exchange will suspend deposits and withdrawals of ETH.ECU (Ethereum), USDT.ECU (Tether), TUSD.ECU (TrueUSD), BUSD.ECU (Binance USD), MKR.ECU (Maker) and other instruments on the Ethereum network (ERC-20) from 19:00 (GMT) 14.09.2022 until 09:00 15.09.2022.

After the Paris update, the Ethereum network will switch to the Proof-of-Stake (PoS) algorithm.

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INDX announcement about the upcoming Ethereum's "Merge

The INDX Exchange will support the "The Merge" in the Ethereum network - one of the most anticipated events for the entire crypto market.

Due to the transition of Ethereum to the Proof-of-Stake (PoS) consensus algorithm on INDX, deposits and withdrawals of ETH.ECU (Ethereum), USDT.ECU (USDT), TUSD.ECU (TrueUSD), BUSD.ECU ( Binance USD), MKR.ECU (Maker) and other instruments on the Ethereum network (ERC-20) will be suspended within the following timeframes:


  • September 06, 2022, from 10:00 to 11:00 (GMT) when updating Bellatrix for the consensus level. If there are disruptions to the Ethereum network during the upgrade, the down time to resume operations may be increased.


  • Approximately September 15, 2022, when updating Paris for performance level. The exact time will be announced later.

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Stablecoins at the INDX Exchange

New instruments were launched at the INDX ExchangeTUSD.ECU (TrueUSD), USDT.ECU (Tether), BUSD.ECU (Binance USD), USDC.ECU (USD Coin).

1 note of the instrument is equivalent to 1 stablecoin.

 

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