Bitcoin Taproot Upgrade – 15th November 2021 From 12:00 (GMT+7)
November 12, 2021
Date: Monday 15th November 2021
Time: From 12:00 (GMT+7)
Bitcoin is scheduled to have an upgrade. Bitcoin Taproot soft fork will optimize scalability, privacy, and smart contract functionality to the BTC network. By bringing about a new address type, the upgrade will allow users to save on transaction fees — the more congested the network conditions, the more the user will actually save. The Taproot upgrade will work in tandem with the Lightning Network – Bitcoin’s prior upgrade, which also helps to achieve many of the same benefits – to bring greater efficiency and lower transaction fees which have helped to entrench Bitcoin as a means of exchange and store of value.
Remark: Bitcoin Taproot upgrade is scheduled to start at block 709,632 which is anticipated to take place on 15 November 2021 around 12:00 PM (GMT+7) according to Bitcoin forking countdown: https://www.nicehash.com/countdown/btc-forking-2021-11-15-12-00 During this upgrade, the deposit, and withdrawal of BTC will undergo system enhancement and therefore will be temporarily out of service until further notice. However, this will not impact any trading transaction. You can rest assured that your digital assets are safe and secure on our platform.
Please do inform us if you have any issues.
You can contact our Customer Support at
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Apologies for any inconvenience caused.