Ethereum Merge will go live in less than 10 days, and there are some ways to take advantage of it
If you have some ETH tokens, you automatically become eligible for an Ethereum PoW token airdrop. If you hold your funds on centralized exchanges or noncustodial wallets, it would be better to move funds to a hardware wallet to take full control of it.The best would be to have full custody of your ETH on a hardware wallet. If you are holding ETH on an exchange, your exchange may or may not give you the fork tokens.
Once the hardfork occurs, you will be able to get"free" PoW tokens that you can hold, sell, transfer or do whatever you want to with them.While there is nothing wrong with using Optimism, Arbitrum and other alternative Ethereum layers, you will not get any ETH PoW tokens if you hold your assets there. Until the merger happens, you can move your funds to any hardware wallet or an exchange that supports a PoW fork, claim your tokens and then move your funds back.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum – Bitcoin NewsCoingecko’s page traffic study shows that California captures 43% of the traffic visiting the site’s bitcoin and ethereum web pages.
Read more »
Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security – Bitcoin NewsVitalik Buterin spoke with economics author Noah Smith and discussed Bitcoin and the network’s long-term security.
Read more »
Ethereum network adds over 70,000 new unique addresses daily ahead of ‘The Merge’As Ethereum (ETH) prepares for the highly anticipated Merge upgrade, the network continues to record significant activity, considering that the... Continue reading
Read more »
The Merge Ethereum Upgrade: All You Need To Know | Binance AcademyThe Merge. A long-awaited upgrade to the Ethereum network which is due to drop later this month. If you're not aware of it, here's everything you need to know ⬇️
Read more »
The week ahead's three biggest cryptocurrency storiesNext week, the Bellatrix upgrade is scheduled to take place, maneuvering Ethereum one step closer to The Merge.
Read more »