The Ethereum network is undergoing a critical evolution, and as a user-focused platform committed to security and stability, BiyaPay is aligning its services with the upcoming Ethereum (ETH) network upgrade and hard fork. To ensure the safety of your digital assets and maintain platform integrity during this transition, we will temporarily suspend deposit and withdrawal services for select blockchain networks.
This article outlines everything you need to know about the scheduled maintenance, affected networks, user precautions, and what to expect before, during, and after the upgrade.
Understanding the Ethereum Network Upgrade
Ethereum continues to evolve through planned upgrades designed to improve scalability, security, and energy efficiency. The upcoming Ethereum hard fork in 2025 represents another milestone in this journey—enhancing consensus mechanisms, optimizing gas usage, and reinforcing network resilience.
As Ethereum serves as the foundation for numerous Layer-2 solutions and token ecosystems, any core network changes require coordinated actions from exchanges, wallets, and service providers like BiyaPay.
👉 Stay ahead of blockchain upgrades with real-time insights and secure transaction tools.
Service Adjustment Timeline
To support the network upgrade seamlessly, BiyaPay has established a clear schedule:
⏰ Maintenance Window
- Service Suspension Start: May 7, 2025, 17:45 (Hong Kong Time, UTC+8)
- Network Upgrade Activation: May 7, 2025, 18:05 (Hong Kong Time, UTC+8)
Note: Deposit and withdrawal functions will be disabled 15 minutes prior to the official upgrade to prevent transaction failures or asset loss due to network instability.
Affected Networks and Tokens
Due to deep integration with the Ethereum ecosystem, the following networks and their native or supported tokens will experience temporary service suspension:
- Ethereum (ETH)
- Arbitrum (ARB)
- Optimism (OP)
- Polygon (POL)
- Worldcoin (WLD)
These networks rely on Ethereum’s consensus layer or bridge infrastructure, making them sensitive to mainnet upgrades. Any transactions initiated during the suspension period may fail or be delayed indefinitely.
Key Service Changes During the Upgrade
1. Deposit & Withdrawal Pause
All deposit and withdrawal requests for the listed networks will be automatically halted at 17:45 HKT. Any pending withdrawals submitted just before the cutoff may still be processed if confirmed by the network prior to the fork.
Users are strongly advised to complete all transfers well in advance to avoid delays.
2. Trading Remains Fully Operational
While external transfers are paused, internal platform functionality remains unaffected:
- Spot trading
- Margin trading
- Futures and contracts
You can continue managing positions, executing trades, and adjusting portfolios without interruption. However, increased market volatility around the upgrade time is expected.
3. Automatic Service Restoration
Once the Ethereum network confirms successful synchronization post-upgrade, BiyaPay will resume deposit and withdrawal services automatically. No manual action is required from users.
We will issue a follow-up announcement via official channels when normal operations resume.
User Action Guide: What You Should Do Now
To ensure a smooth experience during this technical transition, here’s how you can prepare:
✅ For Depositors
- Complete all ETH and L2 network deposits before 17:45 HKT on May 7, 2025.
- Avoid last-minute transactions that could be caught in mempool congestion.
- Double-check wallet addresses and network selections to prevent irreversible errors.
✅ For Withdrawers
- Submit any urgent withdrawal requests at least 30 minutes before the suspension.
- Be aware that once the system locks, no new requests can be queued.
- Postpone non-essential transfers until service resumes.
✅ For Traders
- Monitor price movements closely; network upgrades often trigger short-term volatility.
- Consider setting stop-losses or take-profit levels to manage risk.
- Leverage BiyaPay’s real-time analytics to stay informed during dynamic market conditions.
Frequently Asked Questions (FAQ)
Q1: Why is BiyaPay suspending deposits and withdrawals for non-Ethereum networks like Arbitrum and Polygon?
A: Arbitrum, Optimism, and Polygon are Layer-2 scaling solutions built on Ethereum. They depend on Ethereum’s mainnet for finality and security. During a hard fork, these bridges may become unstable or temporarily inoperable, so we proactively pause services to protect user funds.
Q2: Will my existing trades or open positions be affected?
A: No. All trading activities—including spot, margin, and futures—are internal platform operations and will continue normally. Only external blockchain transactions are suspended.
Q3: How long will the service disruption last?
A: Typically, Ethereum upgrades complete within hours. However, exact timelines depend on network consensus. We expect services to resume within 24 hours, but updates will be shared promptly via official announcements.
Q4: What happens if I try to withdraw during the suspension?
A: The system will block new withdrawal requests. If you attempt one, you’ll receive an error message prompting you to retry later. This prevents failed transactions and potential gas loss.
Q5: Is there a risk of losing my funds during the upgrade?
A: There is no risk of asset loss on BiyaPay’s side. Your balances remain securely recorded in our system. Blockchain-level risks are mitigated through careful timing and coordination with node operators.
Q6: How will I know when services are back online?
A: We will publish a public notice on our website and official Telegram group once all systems are verified stable and functional.
Core Keywords for Clarity & SEO
This update revolves around several essential topics relevant to crypto users seeking reliable information:
- Ethereum network upgrade
- ETH hard fork 2025
- Crypto deposit withdrawal pause
- Arbitrum and Optimism maintenance
- Polygon (POL) service suspension
- Worldcoin (WLD) blockchain update
- Secure digital asset management
- Pre-upgrade user guidance
These keywords reflect common search queries users enter when preparing for blockchain events—ensuring this article meets both educational and practical needs.
Final Reminders and Risk Awareness
While Ethereum upgrades are routine and generally safe, they involve inherent technical complexity. Network congestion, delayed confirmations, or unexpected forks (e.g., community-led alternatives) can occur.
BiyaPay assumes no liability for losses arising from third-party network behavior, including but not limited to:
- Failed transactions due to late submissions
- Price slippage during volatile periods
- Delays caused by external wallet or node operators
We act solely as a custodial service provider following industry-standard protocols.
Stay Informed and Connected
For real-time updates and community support:
- Email: [email protected]
- Official Telegram Group: Join Now (link removed per policy)
All timeline references use Hong Kong Time (UTC+8). This schedule is final and binding; no exceptions will be made after the cutoff.
Thank you for trusting BiyaPay with your digital asset journey. We remain committed to delivering secure, transparent, and user-first experiences through every phase of blockchain innovation.