Cryptocurrency exchange Binance has announced it will support the network upgrade and hard fork process on the Polygon network.
According to a statement from the exchange, certain transactions will be temporarily suspended to protect user experience.
Binance announced that it will cease deposit and withdrawal operations for tokens on the Polygon network as of April 8, 2026, at 4:00 PM. This step was taken to prevent potential technical disruptions during the network upgrade.
The network update and hard fork are expected to take place around 5:00 PM on the same day, at a block height of 85,268,500.
The exchange stated that only deposit and withdrawal transactions would be affected by this process, while trading would continue uninterrupted. Users will be able to continue trading their Polygon network assets on Binance.
Binance also stated that all technical requirements for the upgrade process will be met by the platform and users will not need to take any additional action. Deposit and withdrawal operations will be reopened once the network upgrade is complete and the system is stable, although no further announcements may be made regarding this.
Experts emphasize that while these types of network updates generally provide performance improvements and security enhancements, temporary transaction restrictions should be carefully monitored by investors.
*This is not investment advice.
