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Binance, one of the leading cryptocurrency exchanges, announced that it supports the upcoming network upgrade of Cosmos (ATOM).
Binance Cosmos (ATOM) Expands Network Upgrade Support
The upgrade, which is planned to take place at Cosmos' block height of 16,985,500, will take place approximately on September 13, 2023, at 16:00.
To ensure a smooth transition, deposits and withdrawals to ATOM will be temporarily suspended starting at 15:00 on September 13, 2023.
It is very important to pay attention to the following points:
ATOM trading will continue uninterrupted throughout the network upgrade process.
The estimated time given is for users' reference and may be subject to minor changes.
Binance is committed to overseeing all technical aspects for users who hold ATOM in their Binance accounts.
Once the upgraded network is deemed stable, the platform will immediately restore deposits and withdrawals for ATOM.
No further notification will be made regarding this matter.
This development demonstrates Binance's commitment to providing a safe and efficient trading environment for its users and in alignment with the collective progress of the crypto community.
*This is not investment advice.