Binance, one of the world's leading cryptocurrency exchanges, announced its support for Kava's (KAVA) upcoming network upgrade.
Binance Will Support Kava's (KAVA) Network Upgrade
The network upgrade is scheduled to take place at a block height of 5,597,000 Kava, which is estimated to occur around 12-07-2023 18:00.
To facilitate a smooth transition, Binance will temporarily suspend KAVA deposits and withdrawals from approximately 12-07-2023 17:00.
Trading KAVA on Binance will not be affected during the network upgrade. Users will be able to continue their KAVA trading transactions smoothly and uninterruptedly.
It is important to note that KAVA's network upgrade will occur at 5,597,000 Kava block heights and the time given is for users' reference only.
All necessary technical requirements for users who have KAVA in their Binance account will be met by Binance. Users are not required to take any additional action or fulfill technical obligations regarding the network upgrade.
Binance will reopen deposits and withdrawals for KAVA once the upgraded network is deemed stable.
It should be noted that Binance will not post a separate announcement to notify users about the reopening of KAVA deposits and withdrawals.
Support for the upgrade of the Kava network demonstrates Binance's commitment to providing its users with a safe and reliable trading experience.
Binance aims to keep users seamlessly participating in the KAVA ecosystem by taking care of technical issues and maintaining a stable network.
*Not investment advice.
