Gate.io has successfully completed the Ethernet London upgrade. This upgrade brings an important EIP-1559 proposal to the Ethernet network, implementing a new GAS rate model, in which every network transfer fee will have a base fee (Base fee) be destroyed, and the upgraded network destruction has already started. According to the current rate, it is estimated that millions of ETH will be destroyed every year. Gate.io has observed that the upgraded ethereum network is stable and no blockchain fork has been detected, so we have resumed ETH and ERC20 token top-up and withdrawal services. Users who are not in a hurry to withdraw cash are recommended to wait for the network GAS fee to be reduced before withdrawing cash, which can save the withdrawal fee. Gate.io is a Cryptocurrency Trading Platform Since 2013 Top ranking, Trustworthy, Transparent Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Follow us on social media Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Gate.io Team August 6, 2021