To support Cardano’s “Vasil” network upgrade ADA withdrawals will be paused starting tomorrow.
September 21, 2022
Reminder: Withdrawals of ADA will be temporarily paused for Cardano’s “Vasil” network upgrade
To support Cardano’s “Vasil” network upgrade on 22 September 2022, withdrawals of ADA will be temporarily paused on Zipmex during the time of “Vasil” hard fork until the upgrade is complete.
Wallet balances of ADA will not be affected by this upgrade.
No action is required from you for the duration of the Vasil upgrade.
Zipmex will follow any announcements by Cardano closely to monitor for network resumption and the re-enabling of withdrawal functionality. We will notify you if there are any further announcements.
Why is “Vasil” hard fork important?
The Vasil hard fork is an upgrade to its network capacity and to Cardano’s smart contract programming language which will bring many benefits including:
- Increased speed & throughput making Cardano faster to use
- Reduced transaction costs by making transactions small and lightweight
- Improved experience of developers to develop DApps.
Note: Currently trade and deposit functions on our platform are paused.