The second part of the Ethereum consensus upgrade, which is estimated to happen on the 15th of September, is coming closer. Bitfinex is taking the following actions to ensure a smooth upgrade. One to two hours before the Merge , we will pause deposits and withdrawals of Ethereum and ERC-20 tokens. Trading on the Bitfinex ETH, ERC-20, Derivatives and Spot markets will remain unaffected. Four hours before the Merge, we will pause trading and cancel orders of all ETHW and ETHS trading pairs, pausing these markets. We will also suspend the Chain Split Token conversion tool for ETHW & ETHS. Sometime after the Merge, the CST conversion page will be retired. Following the Merge, if a successful fork emerges from the ETH consensus upgrade, we will evaluate listing the forked token. Should we decide to support it, the ETHW market will resume as the new forked token. If our listing criteria are not met, or we decide not to support the ETH Fork, ETHW will be nulled and removed from the users' balances. Support of any fork is solely at the discretion of Bitfinex and will go through our usual listing procedures. After a successful merge, ETHS tokens will be converted to Ether proof-of-stake. For more information regarding CSTs, please visit this page. For users who engage in peer-to-peer financing activities on Bitfinex in ETH, please visit our previous post for details if a successful fork emerges. Further details will be provided as the Merge nears. We will keep our customers updated with further announcements, and developments can be monitored on our announcement page.