Cryptocurrency exchange Binance has announced it will support the planned network upgrade and hard fork process on the Cardano (ADA) network. According to the exchange’s statement, deposit and withdrawal operations on the Cardano network will be temporarily suspended to ensure user transactions are conducted securely.
According to Binance, deposits and withdrawals for the Cardano (ADA) network will cease on July 18, 2026, at 11:44 PM. The network upgrade and hard fork are scheduled to take place approximately one hour later, at 12:44 AM. The exchange stated that it will handle all necessary infrastructure work on behalf of users to ensure the smooth completion of the technical process.
The company emphasized that only deposit and withdrawal transactions on the Cardano network will be affected during the network upgrade. ADA trading on Binance Spot, Margin, and other markets will continue uninterrupted. Therefore, users will be able to continue conducting Cardano transactions within the exchange throughout the upgrade process.
Binance also announced that deposit and withdrawal services will be reactivated once the Cardano network is confirmed to be operating stably following the completion of the network upgrade. It was also stated that no further announcements will be made regarding this process, and services will automatically return to normal.
Experts state that these maintenance and upgrade processes do not affect user balances, only temporarily suspending on-chain transfers. Once the technical work on the Cardano network is complete, Binance users will be able to resume ADA deposits and withdrawals without needing to take any additional action.
*This is not investment advice.
