Binance, one of the world's largest cryptocurrency exchanges, has officially announced its decision to support upcoming network upgrades and Hard Forks for Zilliqa (ZIL) and Sei (SEI).
Binance Supports Zilliqa (ZIL) and Sei (SEI) Network Upgrades
This move aims to provide users with a smooth and secure experience during these critical updates.
Zilliqa (ZIL) Network Upgrade:
The Zilliqa (ZIL) network is scheduled to undergo an upgrade and Hard Fork on January 3, 2024 at 12:00 PM.
In preparation for this, Binance will temporarily suspend deposits and withdrawals of Zilliqa (ZIL) tokens starting at approximately 11:00 AM on January 3, 2024.
Importantly, trading of Zilliqa (ZIL) tokens on the Binance platform will continue without any interruption during this period.
Sei (SEI) Network Upgrade:
The Sei (SEI) network will experience an upgrade around 20:00 on January 3, 2024, at a block height of 49,519,931.
Similar to the Zilliqa upgrade, Binance will halt deposits and withdrawals of Sei (SEI) tokens starting at approximately 19:00 on January 3, 2024.
Trading of Sei (SEI) tokens on the Binance exchange will not be affected and will continue as usual.
*This is not investment advice.