Binance will refund users affected by potential Ethereum fork after the Merge

With the Ethereum merge expected to take place between Sept. 10 and Sept. 20, Binance said it will refund users affected by a potential fork of the Ethereum chain an equal amount of their ETH holdings. Binance announced on Aug. 25, its plan to support and protect users’ funds regardless of the outcome of the Ethereum merge. For a start, Binance said it will suspend deposits and withdrawals for ETH and ERC-20 tokens during the Bellatrix consensus and Paris execution layer upgrades happening on Sept. 6 and Sept 15, respectively. In the event that the mainnet does not split, no new token will be created.