Support for Conflux Network Upgrade ?
Binance, a prominent cryptocurrency exchange, is excited to share that they will be supporting the upcoming Conflux (CFX) network upgrade and hard fork. The highly anticipated upgrade is set to take place on August 13, 2024, at 05:30 (UTC), as confirmed by Binance.
Details of the Network Upgrade
During the network upgrade and hard fork, Binance will temporarily halt deposits and withdrawals of tokens on the Conflux (CFX) network. This upgrade is scheduled to occur at the block height of 247,480,000. However, rest assured that the trading of tokens on the Conflux network will continue without any interruptions.
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Technical Support and User Impact
Binance is committed to managing all technical aspects related to the network upgrade. Once the upgraded network is stable, deposits and withdrawals will resume seamlessly. Binance has clarified that there will be no additional announcements regarding the resumption of these services.
Key Points to Note
- Trading of token(s) on the Conflux network will remain unaffected.
- Binance will take care of all technical requirements for its users.
- Deposits and withdrawals will be reopened once the network is stable, with no further announcements.
- Users are advised to refer to the original English version of the announcement for accurate details.
For further details, users can access the official announcement from the Conflux project team here.
This decision aligns with Binance’s ongoing commitment to supporting network upgrades and ensuring a seamless user experience. Please note that Binance reserves the right to modify or revoke this announcement at any time without prior notification.
Hot Take ?
Are you ready for the Conflux (CFX) network upgrade and hard fork supported by Binance? Stay informed about the temporary suspension of deposits and withdrawals during the upgrade and look forward to a smoother trading experience once the network stabilizes. Trust Binance to handle all technical aspects for a hassle-free transition! ?
