to Support Upcoming Ethereum Merge

Watcher.Guru Ethereum Merge has announced that its app and exchange will support the upcoming Ethereum Merge in September. In a Thursday announcement on their website, shares that they will ensure the safety of users’ funds during the transition, and calls the merge “one of the most significant and anticipated upgrades in the history of Ethereum.”

The Ethereum Merge will see the blockchain shift from a Proof-of-Work mining mechanism to Proof-of-Stake. The merge aims to eliminate the energy-intensive mining of PoW, resulting in more sustainability and security. also says in the announcement that it will temporarily suspend deposits and withdrawals of ETH and ERC20 tokens on the Ethereum mainnet. This will apply to both the website and app. The trading of ETH and ERC2 will not be affected. “We will closely monitor the situation and resume deposits and withdrawals once The Merge proves to be stable,” the team says in its press release.

In the result of any new forked tokens, also says it will review each one as it does any new token, and evaluate the support for the tokens’ distribution and withdrawal.

Lastly, leaves the following notes for its users to keep in mind in the latest announcement:

  • You will not need to do anything to protect your funds or wallet before The Merge. Any funds held in your wallet will still be accessible. No action is required on your part.
  • The entire history of Ethereum since genesis will remain intact and unaltered after the transition to proof-of-stake.
  • Be on high alert for scams trying to take advantage of users during this transition. There is no “ETH2” token and nothing more that you need to do for your funds to remain safe.

The tentative launch date for the Ethereum Merge is around Sep. 15.