Crypto NewsAltcoinBitcoin Exchange Binance Announces It Will Support This Altcoin's Network Update and...

Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Update and Hard Fork! Here Are the Details

Binance has announced support for the upcoming Stratis (STRAX) network upgrade and hard fork scheduled to occur on June 11, 2025.

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Binance has announced support for the upcoming Stratis (STRAX) network upgrade and hard fork, scheduled to occur on June 11, 2025, at block height 2,587,200, at approximately 14:00.

Binance to Support Stratis (STRAX) Network Upgrade and Hard Fork on June 11

To facilitate the upgrade process, token deposits and withdrawals on the Stratis network will be temporarily suspended from 1:00 PM on the same day. This measure aims to ensure a smooth transition and optimal user experience during the upgrade process.

Binance emphasized that trading of STRAX tokens will not be affected during the upgrade window. Users will be able to continue trading STRAX tokens on the exchange without interruption.

The platform also assured users that it will handle all necessary technical processes regarding the upgrade, so users holding STRAX on Binance do not need to take any action.

Once the upgrade is successfully completed and the network is deemed stable, deposits and withdrawals will automatically resume. Binance noted that there will be no further announcements regarding the reactivation of these services.

The Stratis upgrade is expected to bring improvements to the network’s infrastructure, but no further details about the changes were revealed in Binance’s initial communication.

*This is not investment advice.

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