Crypto NewsAltcoinBitcoin Exchange Binance Announces It Will Support Network Upgrade and Hardfork of...

Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hardfork of This Altcoin!

Cryptocurrency exchange Binance has announced support for IoTeX's upcoming network upgrade and Hard Fork.

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Binance, one of the world's leading cryptocurrency exchanges, announced its decision to support the upcoming network upgrade and Hard Fork of IoTeX (IOTX).

Binance Announces IoTeX (IOTX) Network Upgrade and Hard Fork Support

This important event is scheduled to occur at block height 26,704,441, where it will happen around 06-11-2023 02:59.

Starting from 06-11-2023 02:00, deposits and withdrawals of tokens on the IoTeX network will be temporarily suspended.

Importantly, trading of tokens on the IoTeX network will continue without any interruption. Users can engage in trading activities as usual.

Binance assures users that all technical requirements regarding this network upgrade and Hard Fork will be handled by the exchange.

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Once the upgraded network is stable, Binance will immediately reopen deposits and withdrawals for tokens on the IoTeX network.

It is important to underline that there will be no further announcements regarding the reopening of deposits and withdrawals. Therefore, users are advised to follow the exchange's official channels for possible updates.

*This is not investment advice.

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