Dear TOKOK user:
ETH (Ethereum) will perform the London hard fork upgrade when the block height reaches 12,965,000 (expected at 19:55 on August 05, 2021 (GMT+8)).
TOKOK will support this hard fork. This hard fork may generate new tokens. In order to reduce the transaction risk caused by the possible violent fluctuations in market prices during the hard fork, and to ensure the safety of users' assets, TOKOK handled the hard fork as follows:
1、Suspend deposit and withdrawal
TOKOK will suspend the deposit and withdrawal of ETH and other ERC-20 network tokens at 19:45 (GMT+8) on August 5, 2021. Please handle your recharge and withdrawal business in advance. After the suspension, you will not be able to operate recharge or withdrawal.
2、Spot trading
Spot transactions of ETH and other ERC-20 network tokens will not be affected, but the hard fork may be accompanied by more severe price fluctuations, please evaluate the risks before trading.
3、About the ETH hard fork
The launch of the Ethereum London mainnet may cause the following two situations:
- If no new tokens are generated after the hard fork, TOKOK will resume the deposit and withdrawal business of ETH and other ERC-20 network tokens as soon as possible.
- If new coins are generated after the hard fork, TOKOK will distribute the ETH on the chain that has completed more work to users, according to the block height of 12,965,000, which is 19:55 on August 05, 2021 (GMT+8). Snapshots are taken of the ETH holdings of the user account, and the holding rewards are distributed to the user in proportion to the snapshot data. Position rewards will be issued to the user's currency account, and will be notified in the form of an announcement after the completion of the distribution.
Deposits and withdrawals will resume after the hard fork is completed and the network is stable.
Thank you for your support to TOKOK!
TOKOK team
August 4, 2021