Dear customers,

The Ethereum network is scheduled to undergo an upgrade to the Proof-of-Stake consensus mechanism, also known as The Merge.

As it currently stands, the fork is estimated to take place on September 14th/15th. The precise timing depends upon how the network hash rate develops. The Merge will be triggered when the network passes a threshold accumulated difficulty, known as the TTD (terminal total difficulty).

Kindly note that Switchere will suspend all operations with ETH and ERC-20 tokens 2–3 hours ahead of the fork. Thus, we will pause all purchases, exchanges, sells, deposits, and withdrawals related to the abovementioned tokens.

Our team will do its best to resume ETH & ERC-20 transactions as soon as possible. Thanks for your support and understanding!

Sincerely,

Switchere.com Team

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Switchere official

Switchere official

www.switchere.com Switchere is a licensed fiat-to-crypto online exchange service provider that allows buying of cryptocurrencies with a credit/debit card.