Dear CoinEx users,
Due to the network upgrade of FIRO, CoinEx is planning to suspend FIRO deposit and withdrawal in a designated period to ensure our users’ assets security. The details are as follows.
FIRO Deposit and Withdrawal:
Close at: 08:30 January 20, 2021 (UTC)
Estimated time to reopen: Depends on the update progress.
Notes:
1. During the suspension of deposit and withdrawal for FIRO, the users will still be able to trade FIRO and transfer between the users on CoinEx.
2. CoinEx will closely monitor the maintenance of FIRO, and any update will be shared to our users as soon as possible to ensure the safety of our users’ assets and excellent trading experience.
About FIRO
Zcoin is a privacy coin based on Bitcoin Core and the first project to implement the Zerocoin protocol for private transactions using zero-knowlege proofs. Its use case is that of a currency enabling private payments and other financial transactions. Another focus is on decentralisation. This is why Zcoin is currently working on developing a new memory-hard PoW algorithm called Merkle Tree Proofs (MTP) that levels the playing field in mining and enables more people to mine which is important for fair distribution. The project did not have an ICO but is backed by investors like Time Lee and Roger Ver.
CoinEx Team
January 20, 2021
Announcement on FIRO Deposit and Withdrawal Suspension
