Bithumb Temporarily Suspends ETHF Withdrawals Today for Rebranding

IconCryptoNewsTerminal Staff22 Aug, 2024

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Bithumb Temporarily Suspends ETHF Withdrawals Today for Rebranding

Bithumb Temporarily Suspends ETHF Withdrawals for Rebranding Bithumb, one of the leading cryptocurrency exchanges, has announced the temporary suspension of ETHF withdrawals at 11 AM today (time zone not specified). This suspension is to support the upcoming rebranding and mainnet transition of EthereumFair (ETHF). Rebranding and Mainnet Transition EthereumFair (ETHF) is undergoing a rebranding and will soon transition to a new name, DIS. The token swap ratio for this transition will be 1 ETHF : 1 DIS. Withdrawal Suspension To facilitate this transition, Bithumb will temporarily suspend ETHF withdrawals starting at 11 AM today. The exchange has not provided a specific timeframe for the suspension, but it is expected to last until the rebranding and mainnet transition are complete. Trading and Deposits Unaffected Bithumb has clarified that ETHF trading and deposits will remain unaffected during the withdrawal suspension. Traders can continue to buy, sell, and hold ETHF on the exchange. Timeline Bithumb has not provided a specific timeline for the resumption of ETHF withdrawals. However, the exchange is expected to provide updates as the rebranding and mainnet transition progress. Traders who wish to withdraw their ETHF tokens before the suspension should do so before 11 AM today.