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Why doesn’t Fishpool transfer ETH (how to withdraw ETH from Fishpool)?

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Why doesn\’t Fishpool transfer ETH? After the release of ETH2.0, the founder of

Why doesnt Fishpool transfer ETH (how to withdraw ETH from Fishpool)?

Why doesn’t Fishpool transfer ETH? After the release of ETH2.0, the founder of Fishpool, Jiang Zhuoer, published an article about the “inflation and deflation mechanism of ETH”, stating: “Currently, the inflation rate of ETH is over 20%, and the Ethereum network still needs some time to achieve a certain degree of scalability. So we decided to develop the entire mining industry at a relatively low level stage.”

Jiang Zhuoer believes that “when ETH2.0 enters the final stage (September 2020), the circulation of ETH will be reduced by more than half; and after the start of ETH1.0 (third quarter of 2019), we will no longer support the new PoS consensus algorithm, and ETH2.0 will directly adopt the DPoS model. Therefore, before the launch of the ETH2 mainnet, we should consider implementing a fork through block packaging.”

In addition, Jiang Zhuoer also pointed out that since the end of last year, ETH has already been mined in the second batch. If this trend continues in the future, the ecological construction will become more complex, but this situation will continue for a long time.

Fishpool has an open attitude towards why ETH will not transfer assets: First, why transfer assets? Because ETH does not have a transfer function. Second, the reason why ETH does not transfer coins is because it does not issue new tokens, but sells all ETH and exchanges it for other currencies. Third, can ETH be used for mining or trading operations?”

How to withdraw ETH from Fishpool

How to withdraw ETH from Fishpool?

ETH can be transferred from the wallet to the exchange, and then withdrawn through the liquidity provision and fund pool of ETH. Currently, ETH supports three assets: Ethereum, USDT, and USDC. Users need to add an address (such as a tb link) in the wallet, and click “transaction” in the wallet. If you want to deposit ETH, you can also directly withdraw it from ETH.

Note: eth is an ERC20 token on the ETH network, so you need to deposit ETH into one of your accounts to receive the corresponding ETH.

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