Upcoming Network Upgrades Supported by Binance 🚀
Binance, a prominent cryptocurrency exchange, has declared its backing for the forthcoming network upgrades and hard forks of Cosmos (ATOM) and Kadena (KDA), as revealed by Binance.
Details of the Upgrades
The Cosmos (ATOM) network upgrade is set to take place at block height 21,835,200. Binance will halt deposits and withdrawals on the Cosmos network starting from around 2024-08-21 13:30 (UTC). Similarly, the Kadena (KDA) network upgrade and hard fork will occur at block height 5,060,924, with deposits and withdrawals suspended on the Kadena network from approximately 2024-08-21 23:00 (UTC).
Impact on Trading
Trading activities for tokens on the affected networks will remain unaffected during these upgrades. Binance has reassured users that it will manage all technical aspects required to facilitate these modifications.
Resumption of Services
Deposits and withdrawals for tokens on the Cosmos and Kadena networks will resume once the upgraded networks stabilize. Binance has confirmed that no additional announcements will be made regarding the reopening of these services.
Additional Information
Users are advised by Binance to consult the original English version of the announcement for the most accurate details, as there may be inconsistencies in translated versions. The exchange also retains the right to modify or cancel the announcement without prior notification.
For more information, refer to the official announcement on the Binance website.
Hot Take 📈
Stay informed about the upcoming network upgrades supported by Binance to ensure a seamless trading experience for Cosmos (ATOM) and Kadena (KDA) enthusiasts!
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