Binance, one of the world's leading cryptocurrency exchanges, announced its decision to support upcoming network upgrades for Fetch.ai (FET) and MultiversX (EGLD).
Binance Announces Support for Fetch.ai (FET) and MultiversX (EGLD) Network Upgrades
Fetch.ai (FET) Network Upgrade Details
The Fetch.ai (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.
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.