Sam Bankman-Fried’s crypto exchange FTX plans to keep Ethereum trading open through the Merge.
However, according to the announcement, FTX will temporarily disable ETH deposits and withdrawals of wrappers and layer 2, like Arbitrum One, Solana, and Binance Smart Chain in order “to ensure that settlement is clean”.
The timeline is: Arbitrum: September 7, Solana (Wormhole): September 15, and Binance Smart Chain (BSC): September 15. Bankman-Fried noted that they are just worried about what happens with wrappers on other chains if their bridges “don’t handle the Merge well.”
FTX stated that deposits and withdrawals will be reopened until the Merge is finished and networks are stable.
Also Read: Binance to Suspend ETH Deposits & Withdrawals During Merge
