Dear OKX Users,
The Ethereum Merge represents a significant milestone in blockchain history, transitioning Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This technical guide outlines critical service updates to ensure seamless asset management during this period.
Key Phases of The Merge
1. Bellatrix Upgrade (Consensus Layer)
- Date: ~September 6, 2022 (UTC)
- Purpose: Prepares the Beacon Chain for Merge compatibility
- Epoch Height: 144,896
2. Paris Upgrade (Execution Layer)
- Date: ~September 15, 2022 (UTC)
- Purpose: Triggers the final PoW-to-PoS transition
- Terminal Total Difficulty (TTD): 58,750,000,000,000,000,000,000
Asset Security Recommendations
👉 Secure your ETH holdings now by depositing to OKX before the Merge. Our platform will handle any technical complexities during the transition.
Service Adjustments During The Merge
Deposit/Withdrawal Suspension
| Service | Suspension Period |
|---|---|
| ETH & ERC-20 | Sep 6 & Sep 15, 2022 (UTC) |
Post-Merge Scenarios
Scenario A (No New Token):
- Normal services resume after network stabilization
Scenario B (New Token Created):
- PoS chain tokens = "ETH"
- PoW chain tokens = Forked tokens (subject to listing review)
Trading Services Update
Margin Trading
- ETH borrowing suspended pre-Merge
- Existing loans may require repayment in forked tokens
👉 Manage your ETH positions proactively to mitigate volatility risks during the transition.
Other Products
- Spot, futures, options unaffected
Possible adjustments to:
- Margin tiers
- Funding rates
- Price limits
FAQ Section
Q1: Will my ETH holdings be safe during The Merge?
A: Yes, OKX will automatically handle any technical requirements. We recommend early deposits for seamless processing.
Q2: How are forked tokens distributed?
A: If created, tokens will be airdropped 1:1 based on ETH balances at snapshot time. Watch for separate announcements.
Q3: Can I trade ETH during the transition?
A: Spot trading continues normally, but margin borrowing will be temporarily suspended.
Q4: What happens to ETH 2.0 staking?
A: Subscriptions pause on key dates, but BETH rewards continue. Snapshot inclusion depends on forked chain's handling of staking contracts.
Final Notes
The Ethereum Merge marks a transformative moment for blockchain technology. OKX remains committed to providing secure, uninterrupted services throughout this historic upgrade. For additional support, consult our official channels.