Binance Announces Support for This Upcoming Network Upgrade and Hard Fork
25.11.2024 12:00 1 min. read Alexander Zdravkov
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.
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.
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