Crypto NewsAltcoinBitcoin Exchange Binance Announces It Will Support Network Upgrade and Hard Fork...

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

Cryptocurrency exchange Binance announced that it provides full support for the network upgrade and Hard Fork of this altcoin network.

Follow Bitcoin Sistemi Google News Button

Binance, a leading cryptocurrency exchange, announced that it plans to suspend deposits and withdrawals of AR tokens starting approximately March 26, 2024 at 16:00, in order to support the upcoming network upgrade and Hard Fork of the Arweave (AR) network.

Binance Prepares for Arweave (AR) Network Upgrade and Hard Fork

The network upgrade and hard fork is estimated to occur around 17:00 on March 26, 2024, at block height 1,391,330.

With its decision to temporarily suspend AR token deposits and withdrawals, Binance aims to facilitate a smooth transition for users during this critical period.

Despite the suspension of deposits and withdrawals, Binance reassures its users that AR token trading on the platform will not be affected.

This move underlines Binance's commitment to maintaining uninterrupted trading services for its global user base.

Related News  Bitcoin Exchange Binance Listed 6 New Altcoin Parities, Two of which are TRY Parities!

Additionally, Binance has committed to managing all technical requirements regarding the upgrade on behalf of its users.

By taking on this responsibility, the exchange aims to alleviate any potential concerns regarding the upgrade process and ensure a seamless experience for investors.

Once the upgraded network is deemed stable, Binance will reopen deposits and withdrawals for AR tokens.

However, the exchange announced that no further announcements would be made on this matter, signaling its confidence in the post-fork stability of the upgraded network.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!



Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week