Crypto NewsAltcoinBitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade! Here...

Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade! Here Are the Details

Binance has announced its full support for the Horizon (ZEN) network upgrade and announced that it will provide a seamless experience for its users.

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Leading cryptocurrency exchange Binance has announced that it will support the Horizon (ZEN) network upgrade scheduled for March 11, 2025 at block height 1,730,680.

Binance to Support Horizon (ZEN) Network Upgrade on March 11

Basic Details of the Upgrade

  • Deposits and withdrawals for Horizon (ZEN) tokens will be temporarily suspended from 15:00 on March 11 to facilitate the upgrade.
  • The network upgrade is expected to occur at approximately 16:00.
  • Trading of Horizon (ZEN) tokens will not be affected.
  • Binance will manage all necessary technical requirements on behalf of users.
  • Once the network is confirmed stable, deposits and withdrawals will automatically resume. Binance will not make any further announcements regarding the reopening.

Users are advised to plan their transactions accordingly to avoid any disruptions.

What is Horizon (ZEN)?

Horizen (ZEN) is a blockchain platform that focuses on providing privacy and scalability through sidechains.

Fully compatible with the Ethereum Virtual Machine (EVM), the platform enables businesses and developers to create their own public or private blockchains and decentralized applications.

*This is not investment advice.

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