Update for Customers with Ethereum Stored on GDAX
We wanted to give our customers an update regarding the current status of the Ethereum (ETH) network and the upcoming ETH hard fork.
In order to protect against denial-of-service (DOS) attacks, the Ethereum foundation plans to promote a hard fork of the ETH network on Tuesday, October 18, 2016 PDT. This will likely cause ETH network instability for a period of time. Customers should expect delays to ETH deposits and withdrawals from GDAX for up to the next 7 days. All customer ETH funds will be safely secured on GDAX during this period.
In order to ensure the integrity of all customers’ ETH transactions, GDAX will temporarily suspend deposits and withdrawals from all customer ETH wallets starting Monday, October 17, 2016 at 6 P.M. PDT. As soon as possible after the fork, GDAX will resume support for deposits and withdrawals of ETH.
Please be advised that GDAX will support only one fork of the ETH protocol which we determine, at our sole discretion, best reflects the consensus approach. We will not support any other fork of the ETH protocol. If you wish to transact on alternative forked chains, please withdraw your ETH from the GDAX platform no later than Monday, October 17, 2016 at 12 P.M. PDT.
Customers may continue to store and trade ETH, as well as engage in ETH transactions with other GDAX users during the suspension period. Please check our Twitter account for real-time updates. Additional information may also be found on the Coinbase status page.