Change in Deposit Addresses with ETH and ERC20 Node Migration

We will be conducting a node migration for ETH and ERC20 on February 12th, 2021 at 2:00pm UTC.
Our system will be running throughout this update.

What is the ETH & ERC20 Migration?

The migration will result in changes to all ETH and ERC 20 deposit addresses.

With immediate effect, users cannot generate new deposit addresses for ETH or ERC20 until the migration is complete on February 12th, 2021. After the migration is complete, all former deposit addresses will automatically be changed and new wallet addresses will be available. The new wallet addresses must be used for further deposits.

How does this affect users?

The following digital assets will be affected: ETH, USDT, USDC, ZRX, GNT, REP, OMG, SALT, SAT, CVC, LOOM

New wallet addresses will be available after the migration and must be used for further deposits.

Funds sent to former wallet addresses will be lost. In the case that wallet addresses are stored externally, it is advised that users update the legacy address with the newly generated address.

It is also advised that users check their deposit addresses on the platform or through the app before sending ETH and other ERC20 crypto tokens.

How can I stay up to date?

Follow us on Twitter for updates and an announcement when the migration is complete.

Do not hesitate to reach out to customer support if you have any questions support247@coinfield.com.