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Crypto.com supports Avalanche network upgrade


www.cryptonewsz.com 18 October 2022 13:22, UTC
Reading time: ~2 m

Crypto.com announces its aim to support Avalanche’s (AVAX) network upgrade by temporarily pausing all trading via the Crypto.com exchange and app. Avalanche is the smartest contract platform in the decentralized blockchain industry. On Oct 18, 2022, Avalanche will undergo a network upgrade at 16:00 UTC. On Oct 3, the upgrade, Dubbed Banff, was already activated on the Fuji testnet, but the network upgrade will take place on the 18th.

The platform would temporarily suspend all the transactions on the Avalanche platform via Crypto.com App and Exchange. Crypto.com ensures to resume users’ deposits and withdrawals after completing the process to secure users’ funds during an upgradation process. Crypto.com is one of the leading cryptocurrency exchanges in the world. For detailed information about it, please read our review of crypto.com. The protocol-level changes that are inconsistent with previous AvalancheGo versions have been made.

Crypto.com App is a well-managed platform for trading, creating, and collecting NFTs. The users could seamlessly transact GBP via Faster Payments Service (FPS). It is the world’s fastest growing application that supports buying and selling of over 250 cryptocurrencies.

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