Binance Announces Support for This Upcoming Network Upgrade and Hard Fork

Binance continues to enhance its platform by supporting upcoming blockchain upgrades, ensuring a seamless experience for its users.

The exchange has confirmed its full support for the upcoming network upgrade and hard fork of Ardor (ARDR). Binance will suspend deposits and withdrawals for all tokens on the affected network starting at approximately 15:00 UTC on December 1, 2024.

The network upgrade and hard fork will take place at block height 3,700,000, expected around 16:00 UTC on the same day.

While the upgrade is in progress, trading of ARDR and other tokens on the network will remain unaffected.

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Binance will manage all necessary technical adjustments on behalf of its users, ensuring that no action is required from them. Once the upgraded network is confirmed to be stable, deposits and withdrawals will be reopened.

Users are advised to monitor their accounts for updates, as there will be no further announcement when services are resumed.

This move demonstrates Binance’s commitment to supporting blockchain development while minimizing disruptions to its users.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.