Binance Supports Metis Network Upgrade and Hard Fork
Binance, one of the leading cryptocurrency exchanges globally, has revealed its commitment to assisting with the upcoming network upgrade and hard fork of the Metis (METIS) network. By taking this action, Binance aims to ensure a smooth and seamless transition for its users.
Details of the Network Upgrade
The network upgrade and hard fork are set to occur at block height 18,118,000, scheduled for August 20, 2024, at 11:00 (UTC). To facilitate this process, Binance will temporarily halt deposits and withdrawals of tokens on the Metis network, while trading activities will remain unaffected.
- The upgrade and hard fork will occur at block height 18,118,000.
- Scheduled for August 20, 2024, at 11:00 (UTC).
- Deposits and withdrawals will be briefly suspended.
Impact on Users
Users of Binance can rest assured that the platform will handle all technical aspects related to the upgrade. Once the updated network stabilizes, deposits and withdrawals will resume without prior notification. It is advisable for users to plan their transactions accordingly during this period.
Additional Information
For the latest and most accurate updates, users can check the original announcement on Binance’s official website. Binance retains the right to modify or cancel this announcement at its discretion with no prior notice. Additionally, users are reminded of the risks associated with digital asset trading and are encouraged to make well-informed investment decisions.
Hot Take: Stay Informed and Plan Ahead
As a cryptocurrency enthusiast, staying informed about network upgrades and hard forks is essential for ensuring a smooth trading experience. By being proactive and planning your transactions accordingly, you can navigate through these changes with ease and confidence. Remember to prioritize safety and informed decision-making in all your crypto investments.
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