Binance, a leading global cryptocurrency exchange, announced its decision to support the Flow (FLOW) Network Upgrade and Hard Fork, scheduled to take place on November 8, 2023 at 18:00.
Binance Flow (FLOW) Announces Network Upgrade and Hard Fork Support
During this period, deposits and withdrawals of tokens on the Flow network will be temporarily suspended starting at approximately 17:00 on November 8, 2023. However, token trading on this network will not be affected.
Binance will organize all technical aspects required for this upgrade, ensuring a seamless transition for all users.
Following Binance's support announcement, the price of FLOW coin was at $0.59 at the time of writing this article.
Once the upgraded network reaches stability, deposits and withdrawals for tokens on the Flow network will be reopened. No further announcement will be made regarding this matter.
Binance continues to demonstrate its commitment to supporting network upgrades and hard forks by promoting a safe and efficient trading environment for its users.
*This is not investment advice.