Crypto NewsAltcoinBitcoin Exchange Binance Announces These Altcoins Will Support Network Upgrade!

Bitcoin Exchange Binance Announces These Altcoins Will Support Network Upgrade!

Cryptocurrency exchange Binance announced to its users that it fully supports the network upgrade of these altcoins.

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Binance, one of the world's leading cryptocurrency exchanges, announced its decision to support upcoming network upgrades for (FET) and MultiversX (EGLD).

Binance Announces Support for (FET) and MultiversX (EGLD) Network Upgrades (FET) Network Upgrade Details

The (FET) network upgrade is scheduled to occur at block height 14,699,873 and approximately on 15-01-2024 15:00.

To facilitate the upgrade process, Binance will temporarily suspend deposits and withdrawals of FET tokens starting approximately 15-01-2024 14:00.

MultiversX (EGLD) Network Upgrade Details

The MultiversX (EGLD) network upgrade will take place on an estimated date of 16-01-2024 19:05 and at a block height of 1,265. In preparation for the upgrade, Binance will suspend deposits and withdrawals of EGLD tokens starting approximately 16-01-2024 18:05.

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Trading of FET and EGLD tokens on the Binance platform will not be affected during these network upgrades. Users will be able to continue trading these digital assets without any problems.

Deposits and withdrawals for FET and EGLD tokens will be reopened once Binance determines that the upgraded networks are stable. Users will be notified when functionality is fully restored.

*This is not investment advice.

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