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 deposit 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