Ethereum "The Merge": WMF and WMT I/O Suspension

WebMoney Transfer will suspend WMF (full) and WMT (ERC-20) I/O from 19:00 (GMT) 14.09.2022 until 09:00 15.09.2022 when updating Paris.

We remind you that the Ethereum network is changing the consensus algorithm to Proof of Stake (PoS) as part of "The Merge" project. In case of a split into two competing chains, the WebMoney system will inform you about the procedure for crediting new crypto assets.


Statement on the upcoming Ethereum's "The Merge"

In the Ethereum network, as part of the “The Merge” project, the consensus algorithm will change from Proof of Work (PoW) to Proof of Stake (PoS). The change of the algorithm will take place in two stages.

The WebMoney Transfer system will suspend WMF (full) and WMT (ERC-20) I/O within the following periods:

  • 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.

WebMoney system will inform you in more detail about the procedure for crediting new crypto assets during the two competing chains split at the creation of a new token.


WebMoney Debt: loans in WMF, WMT, WMX, WML and WMH

The WebMoney Debt users have the opportunity to receive and issue loans in WMF, WMT, WMX, WML and WMH.

WebMoney Debt allows you to take loans online from participants of the WebMoney Transfer system, automatically provides accounting for all disbursed funds and control over the timeliness and completeness of the return.

To remind, the service offers refinance loans with the option of repayment in another currency. The borrower may agree with the lender on new terms, amount and type of title units to be returned.


Accepting payments in Ethereum for WMF and WMZ wallets

System participants now have the opportunity to accept payments in Ethereum for WMF and WMZ wallets. Funds are automatically exchanged at WMZ wallet once the payment is made.

The buyer does not need to be registered with WebMoney.

Create a payment link in WebMoney Keeper or setup an automated payment acceptance on your website in the WebMoney Merchant service.

In addition, you can setup payments for WMZ wallet from a bank card, Bitcoin, Litecoin and other ways.


Ethereum wallet in the WebMoney system - WMF

WebMoney Transfer system has a new type of title units - WMF with accounting in Ethereum (ETH). 1 WMF corresponds to 0.001 ETH.

Ethereum deposits and withdrawals are carried out on website.

Owners of WMF wallets benefit from all features of WebMoney system: instant transfers with low and fixed commission, exchange for other title units, for example, WMZ or WMX, dozens of services for doing business and settlements.

Create a WMF wallet right now in WebMoney Keeper.