Binance has announced that it supports the altcoin Optimism (OP) network upgrade and Hard Fork, scheduled to take place on June 6, 2023 at 7:00 pm.
Binance Will Support Network Upgrade And Hard Fork Of Altcoin Optimism (OP)
In preparation for this event, Binance will temporarily suspend deposits and withdrawals of OP tokens from 18:30 on the same day. However, OP trading on the Binance platform will not be affected during the network upgrade and hard fork.
It is important to note that the Optimism (OP) network upgrade and Hard Fork will not result in the generation of new tokens. Instead, the purpose of this upgrade is to apply improvements and enhancements to the existing Optimism network.
These upgrades may include enhancements to scalability, security, or other features aimed at optimizing network performance and user experience.
By supporting Optimism (OP) network upgrade and Hard Fork, Binance demonstrates its commitment to stay up to date with the latest developments in the cryptocurrency ecosystem.
Binance recognizes the importance of these upgrades to provide users with enhanced services and features, as well as maintain the overall efficiency and functionality of the network.
During the temporary suspension of deposits and withdrawals, it is recommended to refrain from initiating any transactions involving OP tokens until the upgrade is complete.
Binance is committed to providing a safe and reliable trading environment for its users. Binance contributes to the ongoing evolution and development of the cryptocurrency industry by actively supporting network upgrades and hard forks.
As always, it is recommended that you follow Binance's official announcements and communications to get the most up-to-date information regarding the Optimism (OP) network upgrade and Hard Fork.
*Not investment advice.
