Binance To Support BNB Beacon Chain (BEP2) Upgrade And Hard Fork
Binance, a leading cryptocurrency exchange, has announced its support for the upcoming BNB Beacon Chain (BEP2) network upgrade and hard fork. This move aims to ensure the best user experience for its customers.
Maintenance Schedule
In preparation for this significant upgrade, Binance will perform wallet maintenance for the BNB Beacon Chain (BEP2) starting at 07:00 (UTC) on July 9, 2024. As a result, deposits and withdrawals on the BNB Beacon Chain (BEP2) will be suspended starting from 06:55 (UTC) on the same day. The maintenance is expected to last approximately two hours.
Upgrade and Hard Fork Details
The actual network upgrade and hard fork are scheduled to occur at 06:00 (UTC) on July 14, 2024. Binance will again suspend deposits and withdrawals of tokens on the BNB Beacon Chain (BEP2) starting from approximately 05:55 (UTC) on July 14.
Impact on Trading
Binance has assured users that the trading of tokens on the BNB Beacon Chain (BEP2) will not be impacted during the upgrade and hard fork. Additionally, Binance will manage all technical requirements involved, ensuring a smooth transition for all users.
Resumption of Services
Deposits and withdrawals for tokens on the BNB Beacon Chain (BEP2) will be reopened once the upgraded network is deemed stable. Binance has indicated that no further announcements will be made regarding the resumption of these services.
Additional Information
Users are advised to reference the original English version of the announcement for the most accurate and up-to-date information. For more details, the official announcement can be found on Binance.
Image source: ShutterstockEther Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Surprise Crypto Surge May Come This Week – Here Are The Top Coins To Keep An Eye On
This week’s crypto market shift has investors buzzing—find out which digital currencies could be poised for a breako... Read more
CFTC Wins $36m Victory In California Crypto Fraud Case
New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. ... Read more
Experts Predict 5000% Gains For This Solana Memecoin Set To Rival Dogecoins 2021 Surge
Discover a new memecoin on Solana, inspired by Dogecoin, with analysts predicting gains of up to 5,000%. #partnercontent Read more